Some 86% of U.S. consumers are aware of supply chain disruptions that could impact holiday gift availability, and seven in 10 U.S. holiday shoppers are adjusting buying behavior this season, according to an L.E.K. Consulting survey. Supply chain isn’t the only factor...
Retail sales continued growing in November, according to the National Retail Federation, putting the 2021 holiday season on a home stretch for record spending despite inflation, supply chain disruptions and COVID-19. NRF cited United States Census Bureau today figures...
Online holiday sales should grow by almost $20 billion in 2021, according to Forrester, Eric Haggstrom, an analyst for the market research firm, stated in a blog post. The gain will come despite consumers returning to stores and spending more on travel and...
The International Housewares Association, in a letter to the industry from president and CEO Derek Miller, cited information from data science company Epistemix forecasting a significant decline in COVID-19 cases during the first quarter of 2022. IHA earlier this fall...
For the third quarter, Ulta Beauty easily exceeded Wall Street profit and revenue estimates as lesser COVID-19 concerns helped boost sales, and it launched initiatives that included launching operations at Target stores. Net income came in at $215.3 million, or $3.94...
