by Mike Duff | Oct 27, 2021 | Featured News, Retail Articles
Despite headwinds including supply chain challenges, labor shortages and inflation, National Retail Federation president Matthew Shay said in a press event introducing the NRF holiday forecast that “very, very strong” momentum based on consumer spending has the...
by Mike Duff | Oct 26, 2021 | Retail Articles
As part of multiple executive moves, BJ’s Wholesale Club Holdings has appointed Rachael Vegas evp, chief merchandising officer. She will take on strategic leadership of the company’s merchandising and assortment planning and allocation functions, reporting to Paul...
by Mike Duff | Oct 26, 2021 | Featured News, Retail Articles
After a long search, JCPenney has announced the appointment of a CEO, Marc Rosen, an executive who has long experience at Levi Strauss & Co. and Walmart. At the same time, the retailer announced that Stanley Shashoua, Simon Property Group chief investment officer,...
by Mike Duff | Oct 25, 2021 | Retail Articles
According to a study from National Retail Federation and Prosper Insights & Analytics, consumers have plans to spend $997.73 on gifts, holiday items and other non-gift purchases for themselves and their families during this year’s holiday season. Despite the...
by Mike Duff | Oct 20, 2021 | Retail Articles
Although Covid-19 continues to make its effects felt in the marketplace, results from the Deloitte 36th annual Holiday Retail Survey indicate that consumers will spend an average of $1,463 per household in the festive season this year, up 5% from 2020. Deloitte, as...
