by Mike Duff | Feb 10, 2025 | Retail Articles
Costco Wholesale Corp for its fiscal month of January posted net sales of $19.51 billion versus $17.87 billion in the month a year before. With the effects of changes in gasoline prices and foreign exchange excluded, Costco’s comparable stores sales advanced...
by Mike Duff | Jan 17, 2025 | Retail Articles
Gen Z is redefining retailing, declared Adyen, a global financial technology platform, citing a survey it conducted where 73% of 18-27-year-olds said they shop in-store at least once a week compared to 65% of Baby Boomers. When asked whether they considered shopping...
by Mike Duff | Jan 10, 2025 | Retail Articles
A tentative labor agreement has removed the threat of strikes at East Coast and Gulf Coast ports in the United States, but docks across the country have already seen a surge in imports that is likely to continue because of the potential increases in tariffs that have...
by Mike Duff | Dec 9, 2024 | Retail Articles
Shopping center organization ICSC reported 207 million people, or about 79% of all adults in the United States, shopped during the five-day period ending on Cyber Monday of this year, four points higher than 2023 totals more the same period. In a similar result year...
by Mike Duff | Nov 21, 2024 | Featured News, Retail Articles
Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...