StarVest portfolio company RetailNext was mentioned in the Wall Street Journal January 7th in the article “Online Retailing Outpaces Stores.”
Using the company’s analytics, the Journal published that:
RetailNext, which analyzed 31 million shopping trips, estimates that sales at brick-and-mortar chains fell 10% in November and December, while traffic declined 12%. But the average transaction value increased 5%, softening the blow.
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