by Mike Duff | Aug 11, 2023 | Retail Articles
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...
by Mike Duff | Jul 24, 2023 | Retail Articles
In the Numerator Consumer Sentiment Study for July, participants said they continued to keep a wary eye on the economy even as they modify purchasing strategies to meet their needs. In the study, 70% of consumers polled in July said they were uncomfortable splurging...
by Mike Duff | Jul 20, 2023 | Retail Articles
Although market research on the emerging back-to-school and college season has been somewhat mixed, the KPMG 2023 Consumer Pulse Back to School Survey indicated that more consumers will shop early and hunt for discounts as they still expect to spend significantly more...
by Mike Duff | Jul 18, 2023 | Featured News, Retail Articles
Retail sales rose in June even as employment grew more slowly, according to the National Retail Federation. Based on United States Census Bureau figures, NRF stated that overall retail sales in June gained 0.2% from May and 1.5% year over year. May sales advanced 0.5%...
by Mike Duff | Jul 12, 2023 | Retail Articles
According to a survey from business services firm Deloitte, many K-12 parents plan to postpone nonessential purchases while replenishing classroom necessities as they face high prices for back-to-school supplies. The findings from Deloitte’s Back-To-School...
