by Mike Duff | Jan 18, 2023 | Retail Articles
Executives surveyed by business services provider Deloitte expect inflation to pressure their profit margins in 2023 as six in 10 anticipate inflation raising their operating costs even as other issues, particularly labor loom over the year ahead. Passing higher...
by Mike Duff | Oct 13, 2022 | Retail Articles
According to the Institute for Supply Management Report On Business, economic activity in the services sector, which includes retail, grew in September for the 28th month in a row, but the Purchasing Managers’ Index for the sector slipped to 56.7%. Although 0.2 of a...
by Mike Duff | Oct 7, 2022 | Retail Articles
In a more skeptical appraisal, KPMG had a less buoyant forecast for the upcoming holidays than some consumer studies, with executives expecting retail sales growth of 4.2% over the 2021 season, within the historical growth range of 3% to 5% but flat to slightly...
by Mike Duff | Sep 21, 2022 | Featured News, Retail Articles
The Institute for Supply Management Services Purchasing Managers’ Index for August saw a slight movement into more positive economic territory. Meanwhile, a second organization participating in the business sector, the Association for Supply Chain Management,...
by Mike Duff | Sep 8, 2022 | Retail Articles
Wegman’s leads the Fortune Best Workplaces in Retail 2022 list, at least among large companies, with fashion operator Bombas heading up the small and medium company list. Among large companies, Wegman’s is followed by Target and Sheetz. So in the ranking for 2022, a...