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...
In a reflection of rising raw material, supply chain and transportation costs, the Ingka Group announced that its Ikea subsidiary will raise prices across its global retail network, up an average of 9% on the range of its products. Costs are hitting Ikea in big and...
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...
Some 86% of U.S. consumers are aware of supply chain disruptions that could impact holiday gift availability, and seven in 10 U.S. holiday shoppers are adjusting buying behavior this season, according to an L.E.K. Consulting survey. Supply chain isn’t the only factor...
As late holiday season shoppers hurry to finish browsing and buying, Target will give digital purchasers the chance to place orders as late as 6 p.m. on Christmas Eve for drive-up and order pickup that night. Shoppers also can use same-day delivery with Shipt with a...
