by Mike Duff | Sep 15, 2022 | Retail Articles
Things looked grim on the transportation front when Amtrak announced on September 14 that it had suspended long-distance passenger service for September 15 and the National Retail Federation issued a warning about the crippling impact of a nationwide rail strike...
by Mike Duff | Sep 12, 2022 | Featured News, Retail Articles
The Mastercard SpendingPulse 2022 holiday season forecast calls for a 7.1% year-over-year gain U.S. retail sales, excluding automotive. Mastercard noted the 2021 holiday season represented a retail resurgence, with sales up 8.5% as pandemic induced pent-up demand,...
by Mike Duff | Sep 7, 2022 | Retail Articles
Amazon has announced a new service intended to help address logistical challenges related to supply chain that are bedeviling its sellers. Meanwhile, the Teamsters union announced it had developed an internal division aimed at organizing Amazon’s logistics operation....
by Mike Duff | Aug 19, 2022 | Retail Articles
Slower spending by lower to moderate income consumers hit Ross Stores second quarter results even if lower earnings were better than Wall Street anticipated. For the second quarter that ended July 30, Ross Stores reported earnings of $384.5 million, or $1.11 per...
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...
