Tag: retail industry

January 29, 2021

With the new administration taking over and so many changes coming both organically and through executive action, things are changing fast. It’s hard to keep a bead on it all. And it’s easy to overlook some maybe obvious, maybe not-so-obvious […]

December 23, 2020

In the spring, cheers, claps and clanging pots and pans rung out every night in cities at 7 p.m. in a show of thanks for essential workers. The label not only described doctors and nurses tending to Covid-19 patients, but […]

October 8, 2020

The coronavirus pandemic disrupted virtually every segment of the retail industry and created an incomparable sense of uncertainty. Between dealing with both supply and demand issues, an economic downturn and temporary store closures en masse, the effects of the past […]

October 18, 2019

Amazon was third among the movers on Interbrands top 100 list and represented the largest increase in brand value, with a bump worth $24.5 billion. That is more than the entire brand value of Pepsi (No. 24 on the list) […]

April 8, 2019

The overall unemployment rate is one of the most important statistics to retailers because of its significance to the state of the economy and consumer confidence. Earnings growth appears to be slowing. In March, average hourly wages on private nonfarm […]

January 11, 2019

If the government shutdown doesn’t end on Friday, it will be the longest in U.S. history. The more it drags on, the more damage it will do, according to experts. At the moment, furloughed workers and their families, along with […]

August 6, 2018

While the jobs gains mark a slowdown from the pattern of the last few years, they also demonstrate a still-healthy economy, according to NRF Chief Economist Jack Kleinhenz​. “While today’s jobs release may appear disappointing after a string of monthly […]

April 17, 2018

Artificial Intelligence (AI) is defined as the study of “intelligent agents” and takes place when a device perceives its environment and takes actions that maximize its chance of success at some goal. Colloquially, the term “artificial intelligence” is applied when […]

March 9, 2018

Retail industry employment increased by 46,400 jobs in February over January, the National Retail Federation said today. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 313,000 jobs, the Labor Department said. “This substantial gain in […]

November 6, 2017

The impact of the season’s hurricanes is affecting the numbers just enough to cloud any true retail picture, according to NRF Chief Economist Jack Kleinhenz. “Retail jobs were down in October while overall employment was up, but it is difficult […]

June 27, 2017

Recent news about closures of brick-and-mortar stores paints a gloomy picture for the retail industry, with retailers seemingly having no hope for recovery in the face of the e-Commerce giants. Some media outlets are even predicting another big short in […]

May 8, 2017

The retail industry had some good news on the job front in April. Retail industry employment increased by 2,500 jobs in April from March, the National Retail Federation said Friday. (The numbers exclude automobile dealers, gasoline stations and restaurants.) The […]

April 27, 2017

The wider outlook for the retail industry is fairly stable, despite weakness in certain retail sectors, including specialty retailers, discounters and warehouse clubs, department stores, drugstores and office supply stores, according to research from Moody’s Investors Service emailed to Retail Dive […]

April 26, 2017

With brick-and-mortar retail bankruptcies increasing, suppliers are growing alarmed at the possibility of going unpaid should another Chapter 11 filing occur, Bloomberg reported last week. Suppliers are particularly vulnerable to buyer bankruptcies as they fall low on the payment chain, […]

March 27, 2017

Three very different retailers earned the top score in a survey of customer experience. Ace Hardware, BJ’s Wholesale Club, and QVC deliver the best customer experience in the retail industry, according to the 2017 Temkin Experience Ratings, an annual customer […]

February 24, 2017

In recent years, the UK retail industry has been dominated by consumer demand for discounts. This demand has led to high-profile ‘supermarket wars’ on prices, the rise of budget high-street chains and the growing popularity of Black Friday and Cyber […]

November 30, 2016

Retail industry insiders this year have been referring to the five-day sales period between Thanksgiving and Cyber Monday as the Turkey Five. But Amazon.com Inc.’s use of the term could mean something else altogether, as Internet Retailer estimates consumers spent […]

January 4, 2016

Americans will be eating grass-fed proteins, a wide range of non-GMO products and chasing it down with a can of wine, according to a list of 10 top food trends compiled by Whole Foods. With the year-end being a time […]