by Mike Duff | Nov 16, 2023 | Retail Articles
CBRE Group, a commercial real estate services and investment firm, forecasts fourth-quarter holiday sales will increase by 3% this year, noting retailers generally have positioned themselves well for challenging marketplace conditions by improving operational...
by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...
by Mike Duff | Nov 8, 2023 | Retail Articles
Although macroeconomic factors have weighed on holiday sales prospects, National Retail Federation Chief Economist Jack Kleinhenz, as part of NRF’s Monthly Economic Review for November, stated that consumer spending momentum looks to chug along in the last two months...
by Mike Duff | Oct 30, 2023 | Retail Articles
The Primerica Household Budget Index reading for September 2023 indicated that the average purchasing power for middle-income households was 99.3%, up from 97.4% in August. In September 2022, the index was 89.3%. The latest version of the monthly index demonstrates...
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%...
