NRF: Consumers Keep Driving Retail Sales

NRF: Consumers Keep Driving Retail Sales

Consumers continued to spend in August despite inflation as more jobs and higher wages helped ease the pressures associated with rising prices, according to the National Retail Federation. The United States Census Bureau has announced that overall retail sales in...
Deloitte: Holiday Sales To Advance 4% to 6%

Deloitte: Holiday Sales To Advance 4% to 6%

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...
Kroger Q2 Exceeds Wall Street Expectations

Kroger Q2 Exceeds Wall Street Expectations

In the second quarter, Kroger saw across-the-board financial advances that exceeded expectations as the company continues to leverage technology, as in its robotic fulfillment centers using Ocado technology, and, as a consequence, omnichannel operations, and made...
Survey: Online Shopper Frustration Lingers

Survey: Online Shopper Frustration Lingers

In a survey it sponsored in 2021, Coveo found that retailers often failed to meet consumers’ rising e-commerce expectations, and the company didn’t find much difference in 2022. Coveo, a cloud-based relevance platform focused on digital interactions, sponsored a...