Small Businesses Face Major Challenges Amid Rising Tariffs
Anxiety is rising among small retailers and brands as the Trump administration escalates tariffs on China to a staggering...
consumer spending
NRF Predicts Slower Retail Sales Growth Amid Tariff Uncertainty and Inflation Fears
As tariffs drive up prices and create economic uncertainty, retail sales are expected to grow between 2.7% and 3.7%...
Slowing Consumer Spending and Rising Inflation: Impact on Economy and Fed’s Policy
Consumer spending inches up 0.1%, raising concerns over weak growth and inflation, according to the Bureau of Economic Analysis....
Mother’s Day Spending Soars to £2.4bn in 2025
UK consumer spending on Mother's Day is expected to reach £2.4 billion this year, a 5% increase from last...
Target Faces Profit Pressure from Tariffs and Inventory Issues
Target's Q4 performance met analyst expectations, but concerns over trade wars and consumer spending softness persist, according to BNP...
UK Retail Sales Growth Slows Amid High Costs and Online Shift
In February, total retail sales in discretionary categories grew by 2.3%, while in-store sales in lifestyle and fashion categories...
2024 Holiday Sales: Signs of Normalcy Amid Economic Uncertainties
Holiday sales in 2024 show promising signs for retailers, with a 5.6% year-over-year increase, indicating a potential return to...
Retailers Embrace Generative AI to Boost Efficiency and Customer Experience
In 2025, generative AI could revolutionize retail experiences as half of executives prioritize convenience through last-minute deliveries and inventory...
Luxury Retail Sector Faces Growth Challenges Ahead of 2025
As we enter 2025, the luxury retail sector faces significant challenges, with growth projected to slow to just 2...
Proposed Tariffs: A Looming Challenge for Retailers and Consumers
As President-elect Donald Trump prepares for his second term, the retail industry braces for potential sweeping changes in tariff...