Despite a slowing economy, retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued and interest rates remained high, according to the National Retail Federation. In citing figures from the United States Census...
In its annual forecast for the celebratory selling season, Deloitte estimates that 2023 holiday retail sales will increase between 3.5% and 4.6% during 2023. Overall, Deloitte’s retail and consumer products practice projects sales will hit $1.54 to $1.56...
Celigo, a cloud-based platform that integrates applications for client companies, sponsored a holiday survey demonstrating that consumers anticipate a better holiday 2023 shopping experience compared to previous years and are leaning toward online gift shopping, but...
Macy’s has appointed Massimo Magni chief customer and digital officer to guide the company’s web-based strategy. In his role, Macy’s stated, Magni will align customer-centric strategies that leverage data and analytics to enhance consumer shopping across touchpoints...
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
