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 14, 2023 | Retail Articles
According to the latest Institute for Supply Management Report On Business, economic activity in the services sector, including retail, expanded in July for the sixth consecutive month as the sector’s Purchasing Managers Index registered 52.7% down from 53.9% in June....
by Chandler Harvey | Jul 25, 2023 | Featured News, Retail Articles
Although the advent of ChatGPT has gotten much attention lately, the impact of AI on retailing is ongoing and has a lot of potential if addressed from a business perspective. While conversations of the negative potential of AI have influenced the conversation, the...
by Mike Duff | May 18, 2023 | Retail Articles
Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
by Mike Duff | May 16, 2023 | Retail Articles
Economic activity in the services sector expanded in April for the fourth consecutive month as the Institute for Supply Chain Management Services Purchasing Managers Index, based on a poll of purchasing and supply executives in the United States, grew to 51.9%. Retail...
