by Mike Duff | Jan 26, 2024 | Retail Articles
To address staffing growth that has exceeded business gains and a tough macroeconomic environment, eBay will reconfigure the company’s workforce with plans to lay off about 1,000 employees, or approximately 9% of its staff. The move comes after other retailers that...
by Mike Duff | Nov 8, 2023 | Retail Articles
Although macroeconomic factors have weighed on holiday sales prospects, National Retail Federation Chief Economist Jack Kleinhenz, as part of NRF’s Monthly Economic Review for November, stated that consumer spending momentum looks to chug along in the last two months...
by Mike Duff | Aug 11, 2023 | Retail Articles
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...
by Mike Duff | Jul 26, 2023 | Retail Articles
Wedding planning platform The Knot is rolling out a new brand look, direction and advertising strategy based on a study it conducted that took younger consumers as a main focus. The brand’s largest marketing launch of all time will support the new national...
by Mike Duff | Feb 20, 2023 | Retail Articles
According to the Global Port Tracker report released by the National Retail Federation and Hackett Associates, February import cargo volume at the major container ports in the United States should drop to almost the lowest level seen since the beginning of the...