Positive earnings from retailer Urban Outfitters provides insight into sales trends for the remainder of the year. In this segment from Bloomberg TV, Bill Tancer discusses the state of retail and the rise of online shopping. “For the Retail 500 Index at Experian Marketing Services we actually saw retail increase about 9% compared to the same week last year,” says Tancer. “The interesting thing with Urban [Outfitters] is that their traffic increased about 40% since the beginning of the year.” Watch the video for Tancer’s take on what might be causing the increase in traffic and positive earnings for Urban Outfitters.
Tags: Analytics | Consumer data | Holiday marketing | Research