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...
consumer spending
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...
US Retail Sales Surge 3.8% During Holiday Season
Experts predicted record digital sales for the 2021 holiday season, and Mastercard's data confirms this trend with a surge...
End. Faces Pre-Tax Loss Amidst Challenging Retail Landscape
High-end fashion label End. reports a £43.2 million pre-tax loss, down from a £8.8 million profit last year, as...
Fund 1 Investments Offers to Take Destination XL Group Private Amid Financial Challenges
Investment firm Fund 1 Investments is offering to take Destination XL Group private, citing benefits similar to those experienced...
Black Friday Boosts UK Retail Footfall by 3.4%
UK retail destinations saw a 13.6% increase in footfall last week, thanks to Black Friday and recovery from Storm...
US Holiday Retail Sales Set to Surpass $1 Trillion Amid Mixed Economic Environment
Wealthier consumers are driving retail sales growth this holiday season, according to a new report from Forrester. Their housing...
Mixed Economic Signals Won’t Dampen Holiday Sales Growth, Says NRF
TV Anchor: As we await the impact of last week's election results on the economy, the overall holiday season...