by Mike Duff | Feb 1, 2024 | Retail Articles
The labor market and what the Federal Reserve does with interest rates could have a major effect on the 2024 economic prospects for the United States, according to National Retail Federation chief economist Jack Kleinhenz. As part of NRF’s Monthly Economic Review,...
by Mike Duff | Feb 1, 2024 | Retail Articles
Although inflationary pressures hurt its consumer business, with sales and earnings both down year over year, Sally Beauty Holdings beat an analyst estimate on both revenues and profits in the first quarter. Net earnings were $38.4 million, or 35 cents per diluted...
by Mike Duff | Jan 23, 2024 | Retail Articles
The American Customer Satisfaction Index set record high at 77.8 in the 2023 fourth quarter, up from a 2022 low of just under 73, which was its deepest dive since 2002. Happy customers are likely to spend more, and the organization pointed out that the economy in the...
by Mike Duff | Jan 18, 2024 | Featured News, Retail Articles
The National Retail Federation reportedcore retail sales in the holiday season gained 3.8% from the year-earlier period, near the top of the organization’s forecast range. Based on United States Census Bureau data, as was the earlier forecast, core retail sales...
by Mike Duff | Jan 16, 2024 | Retail Articles
After absorbing the effects of the COVID-19 pandemic and subsequent inventory challenges, executives surveyed are focused on fine-tuning their supply chains and taking advantage of the latest tools and strategies for mitigating future turbulence, Carl Marks...
