Category: Retail Trends

January 15, 2021

Holiday retail sales rose 8.3% from 2019, according to data released by the National Retail Federation on Friday, as consumers embraced the gift-giving season as a way to cheer themselves up during the Covid pandemic. “Faced with rising transmission of […]

January 14, 2021

Up to 400,000 retail jobs could be lost on the UK’s high streets thanks to the boom in online shopping and working from home. High streets across the country could lose between 20 per cent and 40 per cent of […]

January 12, 2021

The pandemic’s arrival in March 2020 meant that it didn’t make Retail Dive’s trends to watch last year, but it completely upended all expectations for the year. The health crisis was closely followed by the whole industry throughout 2020, courtesy […]

January 7, 2021

Along with most American citizens, business leaders watched with horror yesterday as rioters stormed the U.S. Capitol following an incendiary speech by President Donald Trump in which he claimed that he had won the election and that leadership of the […]

January 6, 2021

It is almost Monday, January 11 when all bills must be paid. Especially toy bills. It seems that several retailers may either need an extension to pay bills or seek protection from the courts under Chapter 11. In past blogs, […]

January 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. In fact, the impacts of the most unique holiday in decades are still being […]

January 4, 2021

By every measure, 2020 was a terrible year for the fashion industry. Retailers cut some fashion space, and apparel sales were very disappointing. McKinsey predicts that the global fashion industry’s profits are expected to fall by -93% in 2020. Initially […]

January 4, 2021

Retailers are set to face record levels of holiday returns over the next few weeks further impacting their margins after a torrid year for the industry. A record $115 billion worth of unwanted gifts are due to be returned across […]

December 28, 2020

In the first major post-holiday report, Mastercard has projected U.S. retail sales grew 3.0 percent in the expanded selling season from Oct. 11 through Dec. 24, short of 2019’s four percent gain, but ahead of a forecast for 2.4 percent […]

December 28, 2020

After-Christmas retail can be fun — even with a pandemic — as long as you stay focused on making money and minimizing returns instead of just giving profits away through aggressive promotions and discounts. Here are seven ways to grow […]