Retail Industry

Top 5 Strategies and Top 3 Technologies for Retail Success in 2023

This article summarizes the five strategies for success in 2023, along with the three technologies that are the strategic levers to their successful implementation.
holiday shopping

2022 Holiday Sales Grew 5.3% to $936.3B

Retail sales during 2022’s November-December holiday season grew 5.3 percent over 2021 to $936.3 billion, falling short of the National Retail Federation’s (NRF) forecast amid continuing inflation and high interest rates.

AP Fundamentals: Transitioning from a Manager to a Leader

A critical component of personal development is understanding the difference between being a manager—and being a leader. In the business world, the term “leadership”...

Supreme Court Reaches Decision on New York Concealed Carry Law

Today the Supreme Court announced that New York’s newest restrictions on concealed carry licenses can be enforced, though challenges with the law continue.

Sensormatic Solutions Shares Annual Holiday Traffic Analysis

Sensormatic Solutions, a global retail solutions portfolio of Johnson Controls, has released its annual in-store traffic recap for the 2022 holiday season.

Looking Back on This Year in Loss Prevention

One great way to reflect on the events of the past year is to look back at the six magazine issues LPM put out in 2022—four quarterly publications, and two special editions exploring organized retail crime and innovation.

7 Top LPM Digital Stories from 2022

Another year has come and gone, making this an excellent time to reflect on all that happened in 2022.
Sensormatic Super Saturday traffic

Shopper Traffic Data from Super Saturday Dec. 17 Shows Increase Over 2021

Despite the early timing of the observance this year, eight days ahead of Christmas Day, retailers enjoyed a positive in-person turnout.

2022 Retail Returns Rate Remains Flat at $816B

Consumers are expected to return more than $816 billion worth of retail merchandise purchased in 2022, according to a report released today by the National Retail Federation (NRF) and Appriss Retail.

Lowe’s CEO Marvin Ellison Announced as NRF’s 2023 Visionary

The National Retail Federation (NRF) today announced that Lowe's Chairman and CEO Marvin Ellison will receive the 2023 Visionary Award.
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