by Mike Duff | Oct 31, 2022 | Retail Articles
After back-to-back monthly gains, The Conference Board Consumer Confidence Index decreased in October to 102.5, only 2.5 points above the optimism/pessimism line and down from 107.8 in September, posing a risk to retailers in the holiday season. The Present Situation...
by Mike Duff | Oct 21, 2022 | Featured News, Retail Articles
The IBM Institute for Business Value annual global holiday shopping and travel report indicates consumers worldwide are ready to celebrate the holidays again and will be shopping earlier than in years past. The report also reveals economic and political issues will...
by Mike Duff | Oct 13, 2022 | Retail Articles
Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
by Chandler Harvey | Oct 12, 2022 | Connect FALL, Connect FALL 2022, Connect FALL 2022, Videos
With a recession and inflation looming on the minds of many companies and consumers, Joe Derochowski, home industry advisor for The NPD Group, discussed during IHA’s 2022 Connect FALL virtual event where consumers are likely to spend during the next year and how...
by Mike Duff | Oct 4, 2022 | Featured News, Retail Articles
Consumers may worry about high inflation and interest rate hikes initiated by the United States Federal Reserve intended to bring inflation under control, but that hasn’t stopped them from spending, according to National Retail Federation Chief Economist Jack...