by Mike Duff | Jan 2, 2024 | Featured News, Retail Articles
An early read from Mastercard SpendingPulse reveals retail sales in the United States, excluding automotive, gained 3.1% year-over-year in the 2023 holiday season running November 1 through December 24. For the holiday season, online sales advanced 6.3% from the 2022...
by Mike Duff | Dec 11, 2023 | Featured News, Home + Housewares, Retail Articles
The United States economy, going into the last weeks of the holiday season, remains healthy, the National Retail Federation suggested, even if it is slowing under the influence of the U.S. Federal Reserve’s anti-inflation initiatives. NRF Chief Economist Jack...
by Mike Duff | Dec 4, 2023 | Retail Articles
The Conference Board Consumer Confidence Index gained in November to 102, up from a downwardly revised 99.1 in October, above the 100 breakeven between a negative or positive sentiment about the economy. The Present Situation Index, based on consumers’ assessment of...
by Mike Duff | Nov 16, 2023 | Retail Articles
CBRE Group, a commercial real estate services and investment firm, forecasts fourth-quarter holiday sales will increase by 3% this year, noting retailers generally have positioned themselves well for challenging marketplace conditions by improving operational...
by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...
