by Mike Duff | Jan 10, 2023 | Retail Articles
Customer relationship management firm, Salesforce, has released its 2022 holiday recap of November and December shopping data indicating that consumers spent a total of $1.14 trillion online globally, flat year over year, and $270 billion in the United States up 5%...
by Mike Duff | Jan 10, 2023 | Retail Articles
In a time period when observers and vendors wondered if a bankruptcy filing might be imminent, Bed Bath & Beyond instead affirmed that it is looking at all options in dealing with the company’s financial difficulties even as it announced third-quarter results that...
by Mike Duff | Jan 6, 2023 | Retail Articles
For the month of December, Costco reported net sales of $23.8 billion for the retail month of December, the five weeks ended January 1, up 7% year over year. Comparable sales, excluding the effects of fuel price and foreign exchange volatility, were up 6.4% in the...
by Mike Duff | Dec 28, 2022 | Retail Articles
Retail sales, excluding automotive, grew in the United States by 7.6% in the November 1 through December 24 holiday season versus the same period in 2021, as announced by Mastercard SpendingPulse. The market research conducted by Mastercard SpendingPulse measures...
by Mike Duff | Dec 20, 2022 | Retail Articles
Research from content management system provider Storyblok indicated that poor website design is a huge liability for online retailers. In a poll of 6,000 consumers across the United States and Europe, 60% of respondents said they abandon purchases due to poor user...
