by Mike Duff | Sep 13, 2023 | Retail Articles
In its annual forecast for the celebratory selling season, Deloitte estimates that 2023 holiday retail sales will increase between 3.5% and 4.6% during 2023. Overall, Deloitte’s retail and consumer products practice projects sales will hit $1.54 to $1.56...
by Mike Duff | Sep 11, 2023 | Retail Articles
In the National Retail Federation’s Monthly Economic Review, NRF chief economist Jack Kleinhenz stated that the economy is still growing but not as fast as it was earlier this year with some consumers demonstrating a continuing preference but not as strongly as they...
by Mike Duff | Sep 5, 2023 | Retail Articles
After making gains earlier in the summer, consumer confidence retreated in August, according to The Conference Board, as grocery and fuel prices worried consumers. In its monthly Consumer Confidence Index announcement, the organization noted that the August rating...
by Mike Duff | Aug 29, 2023 | Kitchenware, Retail Articles
The Labor Day Intentions Preview by market research Numerator revealed 60% of consumers in the United States plan to celebrate the holiday this year, down from 75% in 2022. Grilling continues to be the top activity for Labor Day celebrations. According to its...
by Mike Duff | Aug 15, 2023 | Retail Articles
As they look ahead toward year’s end, 81% of consumers responding to a Shopkick survey say they’ll use shopping rewards apps and/or coupons as part of their holiday purchasing strategy to combat inflation. In the survey, 38% of consumers said they plan to do their...
