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NRF: Economy Still Moving in Right Direction

NRF: Economy Still Moving in Right Direction

by Mike Duff | Jul 7, 2023 | Featured News, Retail Articles

As part of the organization’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz stated that the United States economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward” even as the...
Prospective Amazon Prime Day Shoppers Have Eyes on Home Products

Prospective Amazon Prime Day Shoppers Have Eyes on Home Products

by Mike Duff | Jun 12, 2023 | Featured News, Retail Articles

A survey by Skai, a platform supporting online marketing and branding, indicates consumers will be spending a considerable amount of money on Amazon during its annual Prime Day event, and household goods are the second biggest item of interest among prospective...
NRF: Economy Continues To Stave Off Recession

NRF: Economy Continues To Stave Off Recession

by Mike Duff | Jun 6, 2023 | Featured News, Retail Articles

National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review that typical indicators are providing conflicting signs, but he added the nation does not appear to be in a recession and should be headed toward a soft landing...
NRF: Economy Still Moving in Right Direction

Consumer Confidence Index Reveals Continuing Economic Concern

by Mike Duff | May 31, 2023 | Retail Articles

The Conference Board Consumer Confidence Index fell in May to 102.3, down from an upwardly revised 103.7 in April, as general economice confidence dipped even as home purchase intention remained steady month over month. An index reading above 100 suggests a positive...
Costco Beats Q3 Earnings Estimate Despite Lower Big-Ticket Spending

Costco Beats Q3 Earnings Estimate Despite Lower Big-Ticket Spending

by Mike Duff | May 30, 2023 | Featured News, Retail Articles

Costco beat a Wall Street estimate on earnings in the third quarter, although it came up a bit short on revenues as lower discretionary spending on big-ticket items pressured results. Net income was $1.3 billion, or $2.93 per diluted share, which included a...
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