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Poshmark Promoting Secondhand Purchasing for the Holidays

Poshmark Promoting Secondhand Purchasing for the Holidays

by Mike Duff | Nov 14, 2023 | Retail Articles

Refurbished items seller Poshmark has announced the second annual Secondhand Sunday, the only national retail event dedicated to supporting secondhand sellers and circular fashion during the peak holiday shopping season. Although its reputation is focused on apparel,...
NRF: Prospects Remain Positive for Holiday Consumer Spending

NRF: Prospects Remain Positive for Holiday Consumer Spending

by Mike Duff | Nov 8, 2023 | Retail Articles

Although macroeconomic factors have weighed on holiday sales prospects, National Retail Federation Chief Economist Jack Kleinhenz, as part of NRF’s Monthly Economic Review for November, stated that consumer spending momentum looks to chug along in the last two months...
RetailMeNot: Holiday Shoppers Will Search for Deals but Spend More

RetailMeNot: Holiday Shoppers Will Search for Deals but Spend More

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...
NRF Forecasts 3% to 4% Holiday Sales Gain

NRF Forecasts 3% to 4% Holiday Sales Gain

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...
Walmart Touts Supply Chain Upgrades As November Promotions Approach

Walmart Touts Supply Chain Upgrades As November Promotions Approach

by Mike Duff | Nov 1, 2023 | Retail Articles

As the holiday shopping period becomes more intense, Walmart is preparing deals, special benefits for its Walmart+ members and enhancements delivered in part through supply chain upgrades. Walmart’s Black Friday Deals return for 2023, with the event giving customers...
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