by admin | Dec 7, 2022 | Debate, Predictions, Retail Economy
This is the first in a series of articles from members of Retail Wire’s Brain Trust panel speculating on coming retail trends and developments for 2023. The year 2023 is going to be better at retail than expected (that doesn’t mean great, btw) especially for those...
by admin | Dec 2, 2022 | Brick & Mortar, Commercial Real Estate, Debate, Predictions, Retail Economy
Inflation is a top concern for both businesses and consumers currently, and rightfully so as the U.S. trend continues to remain high. The most recent Consumer Price Index national average for October was 7.7 percent, down from the high of 9.1 percent in...
by admin | Aug 27, 2022 | Brick & Mortar, News, Retail Economy, Retail Strategy
A Victoria’s Secret store is pictured in Liverpool, Britain. REUTERS/Molly Darlington/File Photo NEW YORK, Aug 25 (Reuters) – Inflation-weary U.S. shoppers have been skimping on clothing purchases, prompting retailers to slash prices to clear inventory off...
by admin | Jul 27, 2022 | News, Predictions, Retail Economy, Retail Strategy, Statistics
Banoart/depositphotos.com Dive Brief: In the segments tracked by Retail Dive, retail sales in June rose 7.7% year over year, as e-commerce regained some momentum with a 20.6% rise, according to numbers released Friday by the U.S. Commerce Department.The...
by admin | May 21, 2022 | Predictions, Resources, Retail Economy, Retail Strategy, Retail Technologies
Any professional observer of retail trends and every shopper in the U.S. would tell you that retailing, and retailers changed dramatically during the pandemic. But many of those changes were already in the works before the pandemic even started. One of the...
by admin | May 15, 2022 | News, Predictions, Retail Economy
Americans continued to pump money into the U.S. economy in April, with increased retail spending offering the latest sign consumers are driving demand at stores and manufacturers despite the pinch from high inflation. Retail sales—a measure of spending at...