According to the Deloitte 2022 Retail Industry Outlook, the pandemic has created the chance for a long-overdue retail reset that may help move many companies into a more stable, and profitable position. To achieve that, retailers will have to balance near-term...
Economic activity in the manufacturing sector grew in December, but at a slower rate than in November, which some observers believe signals that inflation as it has been affecting the United States economy lately may have peaked. According to the latest Institute for...
Retail sales excluding automobiles gained 8.5% year-over-year this holiday season running from November 1 through December 24 according to Mastercard SpendingPulse, which tracks transactions across all payment types, Online sales grew 11% compared to the period a year...
The Conference Board Consumer Confidence Index gained in December after an upward revision in November. The Index now stands at 115.8, up from the revised 111.9 figure for November, the Conference Board stated, with a rating over 100 considered a positive sentiment...
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
