by Mike Duff | Aug 23, 2022 | Featured News, Retail Articles
Macy’s got dinged by macroeconomic and retail trends in the second quarter even as it topped Wall Street estimates, and now it is working to position itself for a strong holiday season. Macy’s net income in the quarter was $275 million, or 99 cents per diluted...
by Mike Duff | Aug 22, 2022 | Retail Articles
The COVID-19 pandemic gave wholesale clubs Costco Wholesale Corp., BJ’s Wholesale Club and Sam’s Club a lift and strength carried throughout 2021, according to traffic tracker Placer.ai, but even if early 2022 data suggests that the retail channel is undergoing a mild...
by Mike Duff | Aug 3, 2022 | Retail Articles
Despite two consecutive quarters of decline, the United States economy doesn’t appear to be in a recession and remains unlikely to enter one this year, NRF chief economist Jack Kleinhenz stated. He commented in the August issue of NRF’s Monthly Economic Review, which...
by Mike Duff | Jul 15, 2022 | Retail Articles
In the face of ongoing elevated inflation, 38% of back-to-school shoppers are cutting back on other kinds of spending as they get ready for the return to the classroom, according to an annual survey released today by the National Retail Federation and Prosper Insights...
by Mike Duff | Jul 6, 2022 | Featured News, Retail Articles
Target is kicking off its back-to-school promotions by offering more ways for shoppers to save amid shifting schooling-related lifestyle trends. This year, back to school and back to college will come against a backdrop of critical changes including less remote...
