by Mike Duff | Jan 4, 2024 | Retail Articles
Whatever else comes out of the year’s end, the holiday season experienced gains in online sales, according to Adobe Analytics and Signifyd. Adobe Analytics pegged online holiday season retail revenue, defining the period as November 1 to December 31, at $222.1...
by Mike Duff | Nov 2, 2023 | Featured News, Retail Articles
For the upcoming holiday season, the National Retail Federation is forecasting that sales will reach record levels during November and December, growing between 3% and 4% versus the 2022 period and reaching between $957.3 billion and $966.6 billion total. Despite a...
by Mike Duff | Oct 31, 2023 | Retail Articles
In its annual holiday forecast, payments provider Blackhawk Network stated that spending on the festive season will gain a modest 3%, with gift cards getting a more significant piece of the holiday pie. According to Blackhawk, consumers will spend 43% of their holiday...
by Mike Duff | Feb 6, 2023 | Retail Articles
In association with the February issue release of NRF’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz maintained that a recession is unlikely in the immediate future and the United States economy should see slight growth in 2023 as...
by Mike Duff | Jan 20, 2023 | Retail Articles
For the nine-week holiday period ended December 31, Nordstrom sales decreased 3.5% versus the nine weeks ended January 1, 2022, the company reported as part of a business update. Nordstrom banner sales decreased 1.7%, while those at its off-price Nordstrom Rack banner...
