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....
by admin | Feb 18, 2023 | Brick & Mortar, News, Predictions, Retail Economy, Statistics
Credit: Getty Images by Oatawa U.S. retail sales increased by 3 percent in January, far exceeding expectations for the month, according to the Commerce Department. This is the largest increase since March 2021. The Commerce Department said Wednesday it...
by admin | Jan 10, 2023 | Brick & Mortar, E-Commerce, Holiday, Industry, News, Retail History, Retail Technologies, Statistics
RgStudio via Getty Images From deep discounts to metaverse activations, here are some of the biggest influences on the season. Inflation and inventory challenges set a subdued tone for the 2022 holiday season before it even truly started. Discretionary...
by admin | Dec 21, 2022 | News, Predictions, Retail Economy, Statistics
Road sign with the words “Recession next exit” featured.GETTY The New York TimesNYT +0.8% published on Friday that retail sales fell in November despite Black Friday deals. That means that we are in a real slowdown of sales at this time. Despite...
by admin | Dec 15, 2022 | Brick & Mortar, Holiday, Predictions, Retail Strategy, Statistics
More holiday shoppers than ever this year are giving experiences like concert tickets as gifts, the NRF found. “Misterwives – The Scrapbook Tour / Columbus, OH – LC Pavilion” by Kristopher Perez is licensed under CC BY 2.0 Dive Brief:...
by admin | Nov 29, 2022 | Brick & Mortar, Data Driven Performance, E-Commerce, Holiday, News, Predictions, Statistics
Credit: Getty Images by Jordi Salas Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe Analytics, which tracks sales on retailers’ websites. Overall, online Black Friday sales were up 2.3 percent...