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 | Nov 21, 2022 | Retail Articles
According to business services firm Deloitte, consumers will spend an average of $500 during the Black Friday to Cyber Monday period in 2022, up 12% from the selling events in 2021. During the Thanksgiving holiday weekend, shoppers plan to rely more on payment...
by Mike Duff | Sep 13, 2022 | Retail Articles
According to the Deloitte annual holiday season forecast, retail sales in the upcoming November to January timeframe look to increase between 4% and 6%. Overall, Deloitte’s retail and consumer products practice projects sales will total $1.45 to $1.47 trillion...
by Mike Duff | Jul 20, 2022 | Retail Articles
Consumers have genuine financial concerns as summer proceeds, but according to a study from Deloitte, they still plan to spend for back to school. Many sources demonstrate that consumers are worried about the current tumultuous economy, which has delivered mixed...
by Mike Duff | Jan 26, 2022 | Retail Articles
According to the Deloitte 2022 Retail Industry Outlook, the pandemic has created the chance for a long-overdue retail reset that may help move many companies into a more stable, and profitable position. To achieve that, retailers will have to balance near-term...
