Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...
The Rise of the Gen Z Consumer, a study published by shopping center organization ICSC examining the shopping habits, behaviors and factors that most influence how the emerging generation of consumers interacts with retailers, marketplaces, industry and the economy,...
At a time when consumer shopping behavior is being watched closely in the face of economic uncertainty and inflation, the Kearney Consumer Institute has released its first 2023 briefing on gifting titled “Should I Stay or Should I Go? Redefining Trading Down,...
Zulily is putting even more emphasis on moms as the core customer, and it’s doing so based on a mom’s definition of value, the Qurate Retail Group banner stated. Moms are redefining value to mean the sum of all the parts of a shopping experience, Zulily asserted,...
Lifestyle product retailer MINISO is rolling out retail stores in the US under a new banner, $10 N’ Under, at a time when the deep value retail sector is rapidly changing. Dollar stores and those such as Five Below that have as the core consumer proposition a...
