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NRF: Solid Economic Growth Should Continue into 2025

NRF: Solid Economic Growth Should Continue into 2025

by Mike Duff | Jan 8, 2025 | Retail Articles

Economic growth has withstood inflation, high interest rates and other challenges in 2024 and should remain strong in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz. In speaking as part of NRF’s Monthly Economic Review, Kleinhenz said...
NRF: Evidence Suggests Continuing U.S. Economic Growth

NRF: Evidence Suggests Continuing U.S. Economic Growth

by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles

According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
Walmart Q1 Earnings Come Up Short As Macro Turmoil Erodes Profit

Walmart Q1 Earnings Come Up Short As Macro Turmoil Erodes Profit

by Mike Duff | May 17, 2022 | Retail Articles

Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
Honey-Can-Do Raises Warehouse Team Hourly Pay

Honey-Can-Do Raises Warehouse Team Hourly Pay

by Peter Giannetti | Sep 2, 2021 | Home Storage & Organization, Organization & Cleaning

Honey-Can-Do International, a Berkeley, Illinois-based supplier of storage and organization products, announced it raised its minimum wage on warehouse workers to $15.50 per hour, effective immediately. In addition to raising the wages of those previously below that...

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