by Mike Duff | Nov 7, 2023 | Retail Articles
Inflation continues to influence holiday shoppers who are budgeting higher for gifts and other seasonal purchases this year, according to a RetailMeNot survey. Shoppers are budgeting for $932 in spending versus $725 in 2022. The major effect of inflation is a...
by Mike Duff | Nov 1, 2023 | Featured News, Retail Articles
The third quarter saw Wayfair top a Wall Street estimate on earnings as revenues came up a bit short. Net loss was $163 million, or $1.40 per diluted share versus a net loss of $283 million, or $2.66 per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Oct 26, 2023 | Featured News, Retail Articles
The TJX Cos. has shut down the e-commerce component of the HomeGoods website. The homegoods.com homepage now directs consumers to shop for home decor at TJX’s tjmaxx.com or marshalls.com operations. According to its latest quarterly filing with the United States...
by Mike Duff | Oct 23, 2023 | Featured News, Retail Articles
Despite a shaky economy, the International Council of Shopping Centers anticipates 3.8% higher sales this holiday season versus 2022. In the survey that forms the forecast foundation, 90% of consumers said they planned to shop for the holidays this year. Eight-in-10...
by Mike Duff | Sep 15, 2023 | Retail Articles
In detailing how technologies including augmented reality are improving its search and other online functions, Amazon is tacitly acknowledging that consumers need help getting what they want from the endless aisle and is seeking to provide it. So, Amazon has launched...
