by Mike Duff | Jun 9, 2022 | Retail Articles
As storerunners work to meet steady consumer demand and protect themselves against potential West Coast port disruptions, imports at the nation’s major retail container ports should see near-record volume again this month, according to the monthly Global Port Tracker...
by Mike Duff | Jun 6, 2022 | Retail Articles
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
by Mike Duff | Jun 1, 2022 | Retail Articles
Consumers in the United States want to go back to their old, pre-pandemic shopping habits while maintaining those they developed while COVID-19 kept them homebound, according to a Consumer Pulse study by McKinsey & Co. More people across the country have...
by Mike Duff | May 25, 2022 | Home + Housewares
Sales and earnings slipped at Best Buy after the electronics buying binge that occurred during the height of the COVID-19 pandemic. Net earnings in the first quarter were $341 million, or $1.49 per diluted share, versus $595 million, or $2.32 per diluted share, in the...
by Mike Duff | May 24, 2022 | Featured News, Retail Articles
The International Council of Shopping Centers (ICSC) released its 2022 State of the Marketplaces Industry Report, highlighting how malls and other multi-store retail developments are transforming under challenging, new conditions while seeing foot traffic increases...
