May 9, 2023
Via: RetailWireRetailers operating in the suburbs have benefited from the remote work trend that began when the novel coronavirus pandemic began in 2020. That has led retailers with stores in city business districts to look for space in the suburbs. Foot […]
April 28, 2023
Via: Natalie DunnThe US economy has faced several disruptions in 2023, including the ongoing Russia-Ukraine conflict, surging inflation, and rapidly increasing interest rates. However, retail businesses are no strangers to such challenges, having evolved through the COVID-19 pandemic. As confirmed by SpringML, […]
March 20, 2023
Via: RetailWireSporting goods is increasingly solidifying its position among the “pandemic winners,” with sales for the three major publicly held chains, Dick’s Sporting Goods, Academy Sports and Hibbett Sports, remaining well-above pre-pandemic levels. Sales for the channel surged early in the […]
August 31, 2022
Via: Natalie DunnThere is no question about the fact that inflation comes with a wide variety of undesirable effects on the global economy. This year, inflation is affecting the US economy as well as other economies around the world, as it continues […]
May 3, 2022
Via: Retail DiveRenewed faith in brick and mortar seems to have taken hold throughout the industry. Many brands that put their growth plans on ice over the past two years are returning to physical retail in force. Some companies with smaller store […]
April 6, 2022
Via: SCMR EditorialThe COVID-19 pandemic has left supply chains around the world with numerous cracks. The disruptions and crises it has caused have revealed deep fault lines in both leadership and business operations. Covid has put digital disruption on fast forward, challenging […]
March 31, 2022
Via: Natalie DunnThe global economy is struggling to adapt to yet another crisis, after Russia decided to invade their neighboring country, Ukraine. According to the United Nations, almost 3.5 million people have already left the country now invaded by Russian forces, and […]
March 10, 2022
Via: Retail DiveOff-price retailers often rise above the challenges that tend to hurt most stores. For example, when the economy is weak, people shop off-price to save money; when the economy is strong people shop off-price because they have money to spend. […]
January 31, 2022
Via: Retail DiveFor supply chains, the pandemic has brought unprecedented levels of disruption. The specific confluence of events was beyond anybody’s ability to foresee. But, at least in a general sense, everyone should have expected something like the year that just passed […]
October 29, 2021
Via: Natalie DunnWith concerns about the Delta variant still on the rise and the COVID-19 pandemic continuing to disrupt economies across the world, an increase in retail sales may seem not only unexpected but also a great achievement for any economy. However, […]
October 15, 2021
Via: RIS NewsNo one could have predicted the grocery e-commerce boom brought on by customer demand during the COVID-19 pandemic. Soon, grocery stores all over the country were offering online shopping to customers staying home to protect themselves and their loved ones. […]
September 30, 2021
Via: Natalie DunnThe fast-spreading Delta variant may have a lesser impact on the economy than previously estimated. Although there is no end to the COVID-19 pandemic in sight, American retail sales have increased in August. These results are most likely due to […]
September 7, 2021
Via: SCMR EditorialFor supply chain leaders, 2021 is déjà vu all over again: Along with the ongoing pandemic, supply chains have grappled with extreme weather events, transportation disruptions, facility fires and shortages of people, raw materials and finished goods. And yet, as […]
July 22, 2021
Via: Retail TouchPointsThe retail industry is widely accepted as one of the leading economic indicators. industry. When the economy is growing, consumers flock to stores. On the other hand, when a recession is imminent, consumers and their wallets generally stay put and […]
July 6, 2021
Via: Retail DiveAfter a year of temporary closures, rapid and extreme shifts in product demand, and tidal shifts to more digital and omnichannel shopping, retailers had to decide, learn and execute more quickly than ever before. All of that put stress on […]
June 29, 2021
Via: Independent RetailerMany retailers across the U.S. are facing the issue of empty shelves due to supply chain issues that were escalated due to the COVID-19 pandemic. Buying products that are made in the U.S. can greatly help to not only get […]
E-payment & Data Security, Tech
June 28, 2021
Via: Retail DiveIn recent years, retailers have focused on developing an omnichannel marketing strategy — reaching customers regardless of how they interacted with the business — in person, through ads, social media, apps or mobile devices. By making it easy to connect […]
E-commerce, News & Trends, Retail Types
June 11, 2021
Via: RetailWireThe novel coronavirus pandemic gave e-commerce adoption an unprecedented boost and brought huge sales increases to some retailers. New data suggests, however, that retailers of all sizes did not benefit equally from the e-commerce boom. The biggest retailers in the […]
June 2, 2021
Via: RIS NewsIn March 2020, newly emerging lockdown mandates were the first of their kind, and many across the nation were struggling both professionally and personally to understand what was happening, and what would come next. Fast forward to one year later, […]
May 12, 2021
Via: Retail TouchPointsWhile certain ecommerce verticals saw mind-boggling sales increases in 2020, luxury goods, including jewelry, enjoyed more modest revenue boosts, according to Signifyd Ecommerce Pulse data. And maybe that’s to be expected. After all, in the midst of a pandemic, with […]