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Numerator: Consumers Worried About Economy, Discretionary Spending

Numerator: Consumers Worried About Economy, Discretionary Spending

by Mike Duff | Jan 30, 2023 | Retail Articles

Consumers remain wary about prospects for the economy, planning to cut back on eating out and travel, according to market researcher Numerator, but they are less concerned about the COVID-19 pandemic than they have been. As part of its monthly Consumer Sentiment...
ISM: U.S. Manufacturing Continues Contraction in December

ISM: U.S. Manufacturing Continues Contraction in December

by Mike Duff | Jan 5, 2023 | Retail Articles

Economic activity in the manufacturing sector of the United States economy contracted in December for the second consecutive month following a 29-month period of growth, according to supply executives polled for the latest Institute for Supply Management Report On...
NRF: 2023 Economic Outlook Uncertain As Fed Tackles Inflation

NRF: 2023 Economic Outlook Uncertain As Fed Tackles Inflation

by Mike Duff | Jan 4, 2023 | Retail Articles

The economy is at a critical juncture with recession a possibility, if not a certainty, National Retail Federation chief economist Jack Kleinhenz stated in the NRF Monthly Economic Review. The United States Federal Reserve’s efforts to reduce inflation may not trigger...
ISM: U.S. Manufacturing Continues Contraction in December

ISM: November Manufacturing Contraction Didn’t Stop U.S. Economy Growth

by Mike Duff | Dec 6, 2022 | Retail Articles

The Institute for Supply Management, in its monthly Report on Business, revealed economic activity in the manufacturing sector contracted in November for the first time since May 2020 after 29 consecutive months of growth. Still, the institute said, the contraction...
Kohl’s Discusses CEO Search After Challenging Q3

Kohl’s Discusses CEO Search After Challenging Q3

by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles

Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....
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