by Mike Duff | Sep 19, 2023 | Retail Articles
Mastercard SpendingPulse forecasts a 3.7% year-over-year, U.S. retail sales increase for the 2023 holiday season. The forecast for the period of November 1 through December 24 excludes the automotive category. Key trends to watch in 2023 include, according to...
by Mike Duff | Sep 18, 2023 | Retail Articles
According to a forecast released by AlixPartners, the global consulting firm, holiday season sales in the United States should grow from 3% to 6% year over year. Although American consumers have remained financially resilient during 2023, inflation, higher interest...
by Mike Duff | Sep 18, 2023 | Retail Articles
Amazon announced Fall Prime Day will take place October 10 to 11, showcasing what the company said are some of its best holiday deals. As major retailers have launched initiatives to capture and even encourage early holiday shopping, Amazon has gone to market...
by Mike Duff | Sep 12, 2023 | Retail Articles
For the upcoming holiday season, Bain and Co. is forecasting 3% nominal growth versus the 5.1% 10-year average, with 90% of growth coming from non-store sales. The management consulting firm is forecasting 1% real dollar (inflation adjusted) growth for the 2023...
by Mike Duff | Sep 11, 2023 | Retail Articles
Gen Zers, Millennials, Gen Xers and Boomers all have distinctly different expectations from brands, shopping preferences and patterns, and outlooks for the future, according to a study by Near Intelligence, a global data platform, including the upcoming holidays. In...