by Mike Duff | Sep 12, 2022 | Featured News, Retail Articles
The Mastercard SpendingPulse 2022 holiday season forecast calls for a 7.1% year-over-year gain U.S. retail sales, excluding automotive. Mastercard noted the 2021 holiday season represented a retail resurgence, with sales up 8.5% as pandemic induced pent-up demand,...
by Mike Duff | Aug 8, 2022 | Retail Articles
Mastercard SpendingPulse identified July as a good month for e-commerce, amid major promotional events such as Amazon’s Prime Day. According to the ongoing SpendingPulse study, which measures in-store and online sales across all forms of payment, retail spending...
by Mike Duff | Jul 14, 2022 | Retail Articles
According to Adobe, online inflation ticked down in June to 0.3% on an annual basis and dropped 1% month-over-month even as grocery prices continue to increase. Consumers spent $74.1 billion online in June, up 1% year over year, Adobe reported. Consumers spent more...
by Mike Duff | Jun 22, 2022 | Home + Housewares
According to a Placer.ai study, the home center and home decor channels — home decor in this case including retailers from At Home to Bed Bath & Beyond to The Container Store — aren’t growing the way they did during the height of the COVID-19 pandemic but that...
by Mike Duff | May 19, 2022 | Retail Articles
In the first quarter, Lowe’s Cos. saw its comparable sales turn down in the consumer business but gain substantially on a two-year basis. The company posted net earnings of $2.33 billion, or $3.51 per diluted share, versus $2.32 billion, or $3.21 per diluted...
