by Mike Duff | Jan 19, 2023 | Retail Articles
According to a recent KPMG survey of 100 retail executives, 2023 looms as a more challenging year than 2022, with 73% of retail executives saying that the United States is already in a recession or will enter one in the next six months. The figure is up by 32...
by Mike Duff | Jan 18, 2023 | Retail Articles
Executives surveyed by business services provider Deloitte expect inflation to pressure their profit margins in 2023 as six in 10 anticipate inflation raising their operating costs even as other issues, particularly labor loom over the year ahead. Passing higher...
by Mike Duff | Dec 16, 2022 | Retail Articles
Purchasing and supply management executives expect gradual economic improvement in the United States in 2023, according to the Institute for Supply Management December 2022 Semiannual Economic Forecast, with retail among the sectors expecting gains. The report...