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Survey: Nearly Half of Consumers Expect Holiday Debt As Budgets Shrink

Survey: Nearly Half of Consumers Expect Holiday Debt As Budgets Shrink

by Mike Duff | Sep 22, 2025 | Retail Articles

Consumers are approaching the 2025 holiday season with caution, as 78% of respondents to an Omnisend survey said they planned to spend less than last year, while 60% plan to keep total holiday spend below $500. As they consider their spending options, 47% of survey...
Belk Deal Strengthens the Retailer’s Financial Position

Belk Deal Strengthens the Retailer’s Financial Position

by Mike Duff | Jul 23, 2024 | Retail Articles

Department store operator Belk has announced that it completed a deleveraging transaction with its first- and second-lien lenders and equity sponsor Sycamore Partners. This move has reduced the company’s outstanding debt by more than $950 million, amended its existing...
WalletHub: Q1 Household Debt Level Shows Improvement

WalletHub: Q1 Household Debt Level Shows Improvement

by Peter Giannetti | May 14, 2024 | Retail Articles

The Federal Reserve Bank of New York just released new data on household debt, and WalletHub’s inflation-adjusted analysis revealed that while U.S. households owe a record amount, $17.7 trillion, in absolute terms as of the first quarter of 2024, total debt actually...
Survey: Nearly Half of Consumers Expect Holiday Debt As Budgets Shrink

CBRE: Retailers Ready for Tough-To-Forecast Holiday Season

by Mike Duff | Nov 16, 2023 | Retail Articles

CBRE Group, a commercial real estate services and investment firm, forecasts fourth-quarter holiday sales will increase by 3% this year, noting retailers generally have positioned themselves well for challenging marketplace conditions by improving operational...
Bed Bath & Beyond Warns on Dimming Prospects

Bed Bath & Beyond Warns on Dimming Prospects

by Mike Duff | Jan 5, 2023 | Featured News, Retail Articles

Bed Bath & Beyond announced in a financial update that it might not be able to proceed as a “going concern” after recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity...
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