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Amazon Posts Q4 Earnings Leap But Costs Undercut Retail Profits

Amazon Posts Q4 Earnings Leap But Costs Undercut Retail Profits

by Mike Duff | Feb 4, 2022 | Retail Articles

Amazon posted big profits in the fourth quarter but not from retail sales, which suffered from the COVID-19 pandemic, supply chain and labor woes that the company is addressing, but in part, by raising the fee it charges for Prime membership. Operating income turned...
NRF: Consumers Ready To Give Valentine’s Day More Love

NRF: Consumers Ready To Give Valentine’s Day More Love

by Mike Duff | Feb 1, 2022 | Retail Articles

According to the latest edition of an annual survey released by the National Retail Federation and Prosper Insights & Analytics, Valentine’s Day spending should reach $23.9 billion this year, up from $21.8 billion in 2021 and the second-highest total on record. ...
Deloitte: Retailers Must Rethink Operations From Forecasting Through Fulfillment

Deloitte: Retailers Must Rethink Operations From Forecasting Through Fulfillment

by Mike Duff | Jan 26, 2022 | Retail Articles

According to the Deloitte 2022 Retail Industry Outlook, the pandemic has created the chance for a long-overdue retail reset that may help move many companies into a more stable, and profitable position. To achieve that, retailers will have to balance near-term...
NPD: Consumer General Merchandise Spending Bumped Up in 2021

NPD: Consumer General Merchandise Spending Bumped Up in 2021

by Mike Duff | Jan 25, 2022 | Retail Articles

Consumer spending on general merchandise finished 2021 up 15% versus the year earlier, with a 6% increase in unit sales, according to The NPD Group, and it wasn’t all holiday action.  Although holiday shopping brought positive retail results, the early part of 2021...
Numerator: Consumers Want To Prep Quick, Easy Meals

Numerator: Consumers Want To Prep Quick, Easy Meals

by Mike Duff | Jan 20, 2022 | Retail Articles

In its report, “Cooking up the Future of Eating,” Numerator analyzed how the pandemic has caused potentially lasting shifts in at-home eating behaviors in light of lifestyle changes consumers have made during the COVID-19 pandemic. As eating changes, so...
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