Below you will find helpful and relevant articles that we carefully curate for the benefit of our B.R.A. Retail Members almost every day. Be sure to scroll through the most recent article or use the Search/Lookup feature to find topics and keywords related to articles that may help you to lower costs, increase margins or create more remarkable customer experiences.

“Dick’s cuts jobs as theft takes a bite out of profit” by Cara Salpini via Retail Dive

by admin | Aug 22, 2023 | Brick & Mortar, Customer Experience, News, Retail Crime, Retail Economy, Retail Strategy

A red brick Dick’s storefront under a blue sky. The retailer reported net sales grew 3.6% in the second quarter, but both net and operating income were down double digits. Permission granted by Dick’s Sporting Goods The athletics retailer rolled out a business...

“US retail sales beat estimates with a 0.7% bump in July” by Erin Cabrey via Retail Brew

by admin | Aug 15, 2023 | News, Predictions, Retail Economy

Spencer Platt/Getty Images US consumers upped their spending at retailers in July, with retail sales beating expectations with a 0.7% rise month over month, according to Census Bureau data. Year over year retail sales were up 3.2%, in line with the higher...

“What Lies in Store for Brick-and-Mortar Retail as It Approaches $4.2 Trillion?” by Bryan Wassel via Retail Wire

by admin | Aug 13, 2023 | Brick & Mortar, E-Commerce, News, Retail Economy, Retail Strategy, Retail Technologies

PHOTO: CANVA Reports of brick-and-mortar’s death, dubbed the retail apocalypse during the height of the COVID-19 pandemic, were greatly exaggerated. Physical store sales rebounded in 2021 as the omnichannel future came into focus, with total...

“Retail sales up despite cooling economy” by Judy Mottl via RetailCustomerExperience.com

by admin | Jul 30, 2023 | News, Retail Economy, Statistics

Retail sales continued an upward trend in June despite slower job gains and a cooling economy. The U.S. Census Bureau reported retail sales in June were up 0.2% from May and up 1.5% year over year. In May, sales were up 0.5% month over month and up 2% year over year....

“Back-to-school spending to rise 15.7% this year: JLL” by Tatiana Walk-Morris via Retail Dive

by admin | Jun 29, 2023 | Brick & Mortar, Consumer Behavior, Merchandising, News, Predictions, Retail Economy, Retail Strategy

Children run to catch a school bus. Inflation continues to eat into parents’ budgets, with many planning to spend more for the same amount of items. FatCamera via Getty Images Dive Brief: With ongoing inflation woes, parents plan to spend 15.7% more this...

“Dick’s Sporting Goods to Expand House of Sport Format” by Joe Keenan via Total Retail

by admin | May 25, 2023 | Brick & Mortar, Customer Experience, News, Retail Economy, Retail Strategy

After opening its first three DICK’S House of Sport stores in Rochester, New York; Knoxville, Tennessee; and Minnetonka, Minnesota, DICK’S Sporting Goods plans to add more than 12 new locations in the next two years. DICK’S House...