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...
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 | Oct 13, 2022 | Retail Articles
According to the Institute for Supply Management Report On Business, economic activity in the services sector, which includes retail, grew in September for the 28th month in a row, but the Purchasing Managers’ Index for the sector slipped to 56.7%. Although 0.2 of a...
by Mike Duff | Aug 9, 2022 | Retail Articles
Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...
by Mike Duff | Jul 27, 2022 | Retail Articles
As inflation and economic uncertainty loom, The Conference Board Consumer Confidence Index decreased in July, but less so than in June when it slipped a bit less than five points. The Index stands at 95.7 for July, below the 100 dividing line between pessimism and...
