by Mike Duff | Feb 15, 2024 | Retail Articles
As it adjusts to a customer more focused on everyday needs, Target Corp. has introduced a new low-price owned brand, Dealworthy, developed to give shoppers a break on 400 commonly purchased products. Although some emphasis was placed on consumables in the...
by Mike Duff | Jan 25, 2024 | Retail Articles
Temu has announced the results of a survey regarding U.S. consumer online shopping preferences and when it comes to purchasing determinations, price is primary. Consumers remain wary about spending despite recent positive economic indicators, including a solid...
by Mike Duff | Oct 18, 2023 | Retail Articles
The National Retail Federation said today that retail sales continued to push forward in September even as consumers faced continuing economic pressures. According to the United States Census Bureau, overall retail sales in September gained 0.7% from August and 3.8%...
by Mike Duff | Sep 18, 2023 | Retail Articles
According to a forecast released by AlixPartners, the global consulting firm, holiday season sales in the United States should grow from 3% to 6% year over year. Although American consumers have remained financially resilient during 2023, inflation, higher interest...
by Mike Duff | Jun 8, 2023 | Retail Articles
Although it came out ahead of a Wall Street estimate on sales, Kirkland’s net loss grew as comparable sales declined in the first quarter when the company realigned outreach to emphasize its value offering. Net loss in the quarter was $12.1 million, or 95 cents per...