by Mike Duff | Jan 30, 2023 | Retail Articles
Consumers remain wary about prospects for the economy, planning to cut back on eating out and travel, according to market researcher Numerator, but they are less concerned about the COVID-19 pandemic than they have been. As part of its monthly Consumer Sentiment...
by Mike Duff | Jan 18, 2023 | Retail Articles
With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
by Mike Duff | Jan 18, 2023 | Retail Articles
Executives surveyed by business services provider Deloitte expect inflation to pressure their profit margins in 2023 as six in 10 anticipate inflation raising their operating costs even as other issues, particularly labor loom over the year ahead. Passing higher...
by Mike Duff | Jan 17, 2023 | Retail Articles
Euromonitor International has released its Top 10 Global Consumer Trends 2023 report, which highlights how consumers are shifting their spending toward responsible behavior influenced by emotional priorities. The Euromonitor report also touches on how digitization is...
by Mike Duff | Jan 4, 2023 | Retail Articles
The economy is at a critical juncture with recession a possibility, if not a certainty, National Retail Federation chief economist Jack Kleinhenz stated in the NRF Monthly Economic Review. The United States Federal Reserve’s efforts to reduce inflation may not trigger...
