With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
Returns began pouring into retailers early in the post-holiday time frame, according to nShift, which produces parcel delivery management software. In an analysis nShift conducted, December 28 — dubbed Returns Wednesday — was the biggest day for consumers returning...
In the 2022 holiday season, which includes the first two months of the company’s fiscal fourth quarter, Kirkland’s comparable sales fell 5.5% versus the same period a year earlier, the company announced. Comps were flat in November 2022 but slipped 11% in...
For the month of December, Costco reported net sales of $23.8 billion for the retail month of December, the five weeks ended January 1, up 7% year over year. Comparable sales, excluding the effects of fuel price and foreign exchange volatility, were up 6.4% in the...
Target Corp. is touting itself as a resource for nick-of-time holiday shoppers, who can use order pickup, drive-up and same-day delivery with Shipt to get purchases the same day, no membership required. In another incentive for last-minute shoppers, Target has...
