Shop Talk

Retailers, consumers and prices

Check Out Line: US online retailers dialing up mobile apps


phone1Check out the increasing appetite for mobile applications among U.S. online retailers.

Nearly three-quarters (74 percent) of online retailers either already have or are developing a mobile strategy and one out of every five has a fully implemented mobile strategy already in place, according to a study from Forrester Research and, the National Retail Federation’s digital division.

“It’s imperative for online retailers to stay on top of what their customers want and these days it’s all mobile all the time,” Scott Silverman, executive director, said in a statement. “Mobile commerce has tremendous potential and will no doubt grow to become a significant part of overall sales volume in years to come.”

“It’s definitely the buzzword in the industry at the moment,” Daniel Latev, retailing research manager at Euromonitor International, said of mobile commerce.

Check Out Line: Best Buy’s claims on market share gains


bbyCheck out the holiday sales results from Best Buy.

The top U.S. consumer electronics chain said its December same-store sales rose 8.2 percent, recovering from last year’s 6.5 percent drop.

The company attributed the gains to strong demand for notebook computers and mobile phones, and said  it believes its domestic segment continued to “experience strong market share gains” for the month ended Nov. 30.

Check Out Line: Technology getting front-row seat at NY Fashion Week


tamhp1.jpgCheck out how designers at New York’s Fashion Week are using technology for inspiration, on the runway, behind the scenes and for business.

In its most obvious cameo, technology showed up at Vivienne Tam’s Spring 2009 show on Tuesday, where models sashayed down the runway clutching slim, red HP notebook computers instead of evening bags.