by Mike Duff | Sep 28, 2023 | Retail Articles
The Conference Board Consumer Confidence Index in September slipped to 103, down from an upwardly revised 108.7 in August. However, the Present Situation index gained as the Expectation Index declined, according to the Conference Board. The Present Situation Index,...
by Mike Duff | Sep 18, 2023 | Retail Articles
According to a forecast released by AlixPartners, the global consulting firm, holiday season sales in the United States should grow from 3% to 6% year over year. Although American consumers have remained financially resilient during 2023, inflation, higher interest...
by Mike Duff | Sep 14, 2023 | Retail Articles
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...
by Mike Duff | Sep 13, 2023 | Retail Articles
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...
by Mike Duff | Sep 11, 2023 | Retail Articles
In the National Retail Federation’s Monthly Economic Review, NRF chief economist Jack Kleinhenz stated that the economy is still growing but not as fast as it was earlier this year with some consumers demonstrating a continuing preference but not as strongly as they...
