by Mike Duff | Apr 26, 2023 | Retail Articles
Despite weakening inflation, The Conference Board Consumer Confidence Index fell in April to 101.3, with 100 being the divider between a positive and negative reading, down from 104 in March. The Present Situation Index, based on consumers’ assessment of current...
by Mike Duff | Apr 10, 2023 | Retail Articles
According to the Institute for Supply Management Report on Business, the services Purchasing Managers Index fell to 51.2% from 55.1% in March, but the sector remained in growth territory. Readings above 50% indicated sector growth. The services sector has grown in 33...
by Mike Duff | Apr 3, 2023 | Retail Articles
Despite a still uncertain economic environment, the Conference Board Consumer Confidence Index increased slightly in March to 104.2, up from 103.4 in February. A score above 100 suggests a positive outlook while one below 100 is a pessimistic one. The Present...
by Mike Duff | Jan 30, 2023 | Retail Articles
Consumers have returned to shopping at physical retail stores in the aftermath of the COVID-19 pandemic, but they aren’t necessarily happy with what they’ve found. In a new study from Theatro first voice-enabled mobile communication platform, 41% of consumers said...
by Mike Duff | Jan 25, 2023 | Retail Articles
In a note to employees posted on the company’s website, Walmart U.S. president John Furner announced that the company is raising wages and investing in store, auto care and employees who are looking to join its transportation operations. Next month Walmart will launch...