Inflation
Inventory Excess Plagues Retail in 2022
Clearing out surplus goods could continue into 2023, despite order cancellations and steep discounting.
Inflation Concerns Muddy Consumer Outlook
Consumer confidence rose in December as inflation expectations fell, but Americans also more pessimistic…
Inflation Numbers Breed Cautious Optimism to Close 2022
Consumer prices rose an unadjusted 7.1 percent year-over-year in November, according to the U.S. Bureau of…
Here Comes 2023 — and Here’s What to Expect at Retail
Right now, it's that time of year when industry experts weigh in on what will be trending, and what those…
NRF: Third Quarter Saw ‘Solid’ Improvements for Retail
Chief economist Jack Kleinhenz said the performance dispelled the notion that the economy is in a recession.
BNPL Back In Vogue for Spending-Leery Shoppers
During Cyber Week, buy now, pay later orders rose 85 percent when compared to the week prior, according to…
October Data Shows a Resilient Consumer
BEA reported that overall consumer expenditures increased 0.8 percent.
Higher Costs Force Dr. Martens to Adjust Pricing
The heritage boot brand is expected to raise prices by 6 percent to account for inflation as well as rising…
Black Friday Sees Strong Traffic, So So Selling
Promotions were robust and the deal-hunters were out with a targeted approach to their purchasing.
$16.5 Trillion Consumer Debt Is Bad News for Holiday
Retailers with credit card operations should plan for future bad debt reserves as household debt hits $16.5…
October’s Retail Sales Growth Left Fashion Out in the Cold
With US retail sales up in October, the Federal Reserve might see a need to raise rates again as it seeks to…
Macy’s Takes a Shot at the Other Guys
"We are not saddled with older receipts and pandemic category overstocks," CEO Jeff Gennette said of how…
Ikea’s Whirlwind Queens Experiment Is Over
The Swedish home furnishings chain will close its Queens store on Dec. 3, with workers out of their jobs…
Walmart Inventory Glut Eases, Cautious on Consumer Spending
Walmart upped guidance due to improving Q3 trends, while cautious for a possible consumer spending slowdown…
Ralph Lauren’s 3-Month Revenue Up 5%
Ralph Lauren Corp.'s relying on agility and "diversified engines of growth" as it looks to grow in a "choppy"…