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NRF: Easter Consumer Purchasing Intent Tops Previous Records

NRF: Easter Consumer Purchasing Intent Tops Previous Records

by Mike Duff | Mar 20, 2023 | Retail Articles

Consumers expect to spend about $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to an annual survey conducted by the National Retail Federation and Prosper Insights & Analytics....
Numerator: Economy Will Impact Consumer Holiday Spending

Numerator: Economy Will Impact Consumer Holiday Spending

by Mike Duff | Mar 17, 2023 | Retail Articles

Consumers will continue to spend on holiday celebrations in the year ahead, but they think economic uncertainty will affect their plans, according to market researcher Numerator. In fact, 22% of participants in the Numerator study said economic uncertainty would have...
Martha Stewart Launches ‘The World of Martha’ Amazon Shop

Martha Stewart Launches ‘The World of Martha’ Amazon Shop

by Mike Duff | Feb 16, 2023 | Featured News, Retail Articles

Amazon and Martha Stewart have teamed to open The World of Martha, an online shop featuring a comprehensive range of home and housewares products bearing the Martha Stewart brand. Martha Stewart announced in her blog that the World of Martha is now offering essentials...
Q4 Earnings Slide As Amazon Reworks Fulfillment, Rethinks Fresh

Q4 Earnings Slide As Amazon Reworks Fulfillment, Rethinks Fresh

by Mike Duff | Feb 3, 2023 | Retail Articles

In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
Nordstrom Sales Fell in December with Rack Underperforming

Nordstrom Sales Fell in December with Rack Underperforming

by Mike Duff | Jan 20, 2023 | Retail Articles

For the nine-week holiday period ended December 31, Nordstrom sales decreased 3.5% versus the nine weeks ended January 1, 2022, the company reported as part of a business update. Nordstrom banner sales decreased 1.7%, while those at its off-price Nordstrom Rack banner...
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