For the upcoming holiday season, Bain and Co. is forecasting 3% nominal growth versus the 5.1% 10-year average, with 90% of growth coming from non-store sales. The management consulting firm is forecasting 1% real dollar (inflation adjusted) growth for the 2023...
Gen Zers, Millennials, Gen Xers and Boomers all have distinctly different expectations from brands, shopping preferences and patterns, and outlooks for the future, according to a study by Near Intelligence, a global data platform, including the upcoming holidays. In...
September import cargo volume at major container ports looks to hit the two million Twenty-Foot Equivalent Unit mark for the second month in a row and remain there in October, according to the Global Port Tracker report released by the National Retail Federation and...
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 surpassed expectations in the second quarter even as sales and earnings declined and it turned its attention to holiday gift opportunities. In addition to the financial results, Macy’s has announced the locations of four new small-format locations scheduled to...
