How much do you love your mom? Asked that question and most of us say something sentimental like “infinity,” but the National Retail Federation (NRF) is putting a number on it. According to a press release regarding the NRF’s annual season trends report, consumers are...
One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. But several reports are pointing to healthy inventory positions as a...
Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time....
As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. “Everything is on the table right now,” Gennette...
July 22, 2020
Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time. But this holiday season will be far from ordinary. Judging […]
February 20, 2019
Things have warmed up for Walmart over the winter. The retail landscape had been littered with disappointing earnings reports, worries over the impact of a cross-border trade war between China...
September 21, 2018
The criminals have already started. They are buying fraud tutorials and data from other criminals online. They are eyeing juicy targets such as gift cards and loyalty programs, both of...
July 02, 2020
As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. “Everything is on the table right now,” Gennette said. “We’re working with our merchant and our marketing teams […]
December 26, 2019
Holiday sales rose at Tiffany & Co. despite challenges in Japan and Hong Kong. The jewelry company experienced double-digit sales increases in mainland China, which were offset by Hong Kong’s...
December 20, 2019
In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s GoPay, making it the first...
November 08, 2019
Alibaba is about to hold its annual Singles Day, which is the largest shopping day of the year for the eCommerce giant, according to a report by Reuters. The company...
