by Mike Duff | Jan 20, 2022 | Retail Articles
The International Council of Shopping Centers has released research indicating retail sales grew 17% year-over-year in November and December of 2021. ICSC’s 2021 Post-Holiday Survey has found that consumers spent an average of $1,011 this holiday season with 226...
by Mike Duff | Jan 18, 2022 | Retail Articles
Global market research firm Euromonitor International has released its Top 10 Global Consumer Trends 2022 report, which suggests that the year ahead will require adjusting to consumers who have rapidly diversifying preferences and priorities. Euromonitor designed the...
by Mike Duff | Jan 14, 2022 | Retail Articles
The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
by Mike Duff | Jan 11, 2022 | Retail Articles
Specialty value retailer Citi Trends announced significant sales gains in the holiday selling period and provided a growth outlook moderated somewhat by January sales slowed by the COVID-19 surge, according to the company. Citi Trends describes itself as a “specialty...
by Mike Duff | Jan 11, 2022 | Retail Articles
Big Lots, in a statement providing a fourth-quarter outlook, also offered a long-range growth plan that includes the addition of 500 stores and a margin plan that details a significant value-creation opportunity over the coming years. In doing so, Big Lots...
