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...
Neiman Marcus Promotes Fall Luxury

Neiman Marcus Promotes Fall Luxury

A new-for-fall marketing campaign from Neiman Marcus dubbed Live Your Luxury, emphasizing pride and living in the moment, will reach out to affluent consumers through multiple channels including a Fall Book, events, digital content and videos.  In the just-launched...
Best Buy Toughs Out Rough Q2

Best Buy Toughs Out Rough Q2

Best Buy second-quarter sales and earnings slipped — although not as much and Wall Street expected — as it struggled against headwinds and comparisons. Net earnings in the quarter were $306 million, or $1.35 per diluted share, the company reported, versus $734...