by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...
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,...
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...
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 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...
