With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which in addition to its self-titled retail chain also owns Bonobos and UpWest, announced Monday (April 22) that it has filed for...
Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts. The assessments cover everything from auto loans to commercial real estate, and critically, a broad assessment of the state of...
Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April 15), inventories rose 0.6% month over month to $808.7 billion. The news follows last week’s release showing U.S. wholesale inventories climbing...
How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at the grocery store, The Wall Street Journal (WSJ) reported Thursday (April 4). It analyzed NielsenIQ data on various commonly purchased goods that...
April 17, 2024
Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts. The assessments cover everything from auto loans to commercial real estate, and critically, a broad assessment of the state of the economy, with a nod toward consumer-related activity too. This […]
July 28, 2023
Amazon Prime Days and Walmart+ Week showed high participation this year. Consumers engaged more when they saw better bargains during the world’s top two retailers’ deal days. Data finds that...
June 30, 2023
Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. In-person shopping beats online in how often consumers shop at the world’s largest two...
January 17, 2017
Retailers across the U.S. face the pressure of competing with Amazon and others amid dwindling foot traffic at stores. But as Alipay expands its presence in North America, one salve may...
April 15, 2024
Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April 15), inventories rose 0.6% month over month to $808.7 billion. The news follows last week’s release showing U.S. wholesale inventories climbing 0.5% in February compared with January. Both increases were in […]
April 04, 2024
How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at the grocery store, The Wall...
March 24, 2024
U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country are struggling,” said Julie Palmer, a...
March 17, 2024
Consumers are growing more hesitant to spend following a long stretch of looser spending. That’s according to a Saturday (March 16) report by the Financial Times (FT), citing comments from...
