November 30, 2011
Black Friday and Cyber Monday Sales Increased 24% and 33% respectively over 2010
SARATOGA SPRINGS, NY – November 30, 2011 –– CORESense (www.coresense.com), provider of the first and only cloud-based multi-store/multi-channel retail management solution, today announced that total orders, total sales and gross margin for their retail clients increased significantly on Black Friday, the all-important start to the Holiday Shopping season.
CORESense clients leverage their presence across multiple channels including catalog, online, stores, call centers and kiosks as well as a centrally managed back office to cost effectively increase traffic and average transaction size. Most recently these retailers rode their multi-channel and cross-channel strategies to 24 percent year-over-year growth in sales on Black Friday. In comparison, ShopperTrak reported that the retail industry saw a 6.6 percent increase compared to Black Friday 2010. In addition, while many retailers pushed margin-busting discounts to attract shoppers, CORESense retailers were able to increase gross margin 15 percent year over year.
"Our clients followed up their success on Black Friday with a 33 percent increase in sales over last year on Cyber Monday. It’s gratifying to see them leverage their multi-channel presence to achieve results like this,” said Chris Martin, CEO of CORESense. “We are delighted with our clients' results and are looking forward to their continued success during the remainder of the holiday shopping season."
CORESense is the only cloud-based retail and ecommerce management software solution that brings together point of sale, ecommerce, merchandising, order management & fulfillment, and CRM & marketing into a single, centrally managed solution.
CORESense, Inc. is a leading provider of all-in-one cloud-based ecommerce and retail software solutions for ecommerce and brick and mortar retailers and brand manufacturers. Successful retailers across multiple specialty retail markets including wine, footwear and accessories, sporting goods, fashion and apparel, books, electronics and others are leveraging CORESense’s products to streamline operations, connect with customers and grow sales across ecommerce and retail store channels. The CORESense solution wraps point of sale, store operations, multi-channel ecommerce, merchandising, order management, and customer relationship management software around a centralized product, customer and inventory database providing retailers with a real-time view of their customers and their business. CORESense has offices nationally and is headquartered in historic Saratoga Springs, N.Y.