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economy

Retail: Here’s How Holiday Performed & What to Expect from Shoppers in ‘23

After enjoying a strong holiday season, economists are predicting a slowdown in 2023 amid concerns about a…

No Details on How Many Jobs Hanesbrands Is Cutting

The innerwear giant will have more intel to share when it reports fourth-quarter earnings on Feb. 2.

6 Trends Retail Needs to Know to Beat Disruption in 2023

NielsenIQ SVP of retail Harvey Ma outlined key trends and offered strategies to help retailers weather the…

Ikea’s Life at Home Report Finds People Worried About Finances, Economy and Job Security

"People will likely feel the need to stay at home once again to save on costs, meaning our spaces need to…

NRF’s Chief Economist Watching Inflation Trends and Recession Risks

For now, consumers "are still out spending as the economy grows and households remain confident about their…

Rail Chief Sees ‘Mixed Bag’ Economy, Signs of Slowing

"This transition from the goods economy to the service economy, that's real," Lantz Fritz said Tuesday. 

Long Beach Bullish on Port’s Competitive Advantage

Cargo re-routed to alternative ports took a bite out of the West Coast facility's volumes in October leading…

Amazon Puts Corporate Hiring on Ice

"We're facing an unusual macro-economic environment," an exec told staff.

 New Consumerism: Who Today’s Shoppers Are & Where They Spend Money

"We have several big trends and they are affecting consumption in tandem," said Euromonitor International's…

What to Know About Halloween 2022

"Dichotomous trends" are the dominating theme of Halloween this year, research suggests.

Geopolitical Turmoil Top of Mind for Supply Chain Execs: Survey

Only 31 percent of decision makers cited inflation as a major contributor to the current supply chain…

Amazon Belt Tightening a Focus into 2023

The company expressed optimism for holiday as its chief financial officer acknowledged "various factors…

Are Consumers Really as Cash-Strapped as Retailers Think?

New surveys dive into what shoppers think about inflation and its impact on spending as well as whether…

‘Worst Is Yet to Come’ for Retailers Facing Recession

Bankruptcies could pile up in the retail sector in the months ahead, according to BDO restructuring expert…

Chinese Companies Report ‘Falling Orders,’ Trade Official Says

The "slowdown in external demand is the biggest uncertainty faced by China's trade," said Wang Shouwen…