by Mike Duff | Sep 11, 2023 | Retail Articles
In the National Retail Federation’s Monthly Economic Review, NRF chief economist Jack Kleinhenz stated that the economy is still growing but not as fast as it was earlier this year with some consumers demonstrating a continuing preference but not as strongly as they...
by Mike Duff | Aug 15, 2023 | Retail Articles
Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted more shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. The United States Census Bureau has...
by Mike Duff | Aug 3, 2023 | Retail Articles
Costco Wholesale Corp. reported net sales of $17.6 billion for fiscal July up 4.5% from the month a year earlier. Comparable sales, excluding the effects of fuel price and foreign exchange rate volatility, increased 5% in the month year over year with comps in the...
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 10, 2023 | Retail Articles
For its big summer savings Wow Days event, BJ’s Wholesale Club picked July 7 to 12, with members able to enjoy savings up to 65% off across the electronics, furniture, outdoor living, kitchen and appliances categories. As it competes with other major retailers...
