NRF Says Economy Is Strong Enough to Keep Recession at Bay
Despite two consecutive quarters of decline, the US economy still does not appear to be in a recession and remains unlikely to enter one this year.
Consumer Spending Stays Steady Despite Inflation
Consumer spending held up during June’s inflation surge, with retail sales rising slightly more than expected for the month amid rising prices, according to the Commerce Department.
US Online Retail Sales Will Top $1 Trillion in 2022
FTI Consulting projects that US online retail sales will reach $1.07 trillion in 2022 despite increasing concerns among shoppers about the condition of the economy and personal finances.
NRF Says Economy is Slowing, but a Recession is Unlikely
The National Retail Federation discusses the future of the economy in the July issue of their Monthly Economic Review.
Conn’s and Belk Announce Plans to Pilot Store-within-a-store Concept
The new store format, which will launch under a new brand name soon to be announced, will provide Belk customers with access to Conn's complementary home product categories.
Consumers Expected to Spend $20 Billion on Father’s Day Gifts
Consumer spending this Father’s Day is expected to total $20 billion, nearly on par with last year’s record-setting figure of $20.1 billion.
Buy Safe America Coalition Calls on FTC to Investigate Stolen Baby Formula on Online...
The Buy Safe America Coalition released a statement calling on the Federal Trade Commission (FTC) to launch an investigation into stolen baby formula and price gouging on online marketplace platforms.
Retail Sales Grew in April as Consumers Took Higher Prices in Stride
Consumers accustomed to inflation continued to spend in April as retail sales overcame higher prices to show both monthly and year-over-year increases.
Auror Expands into the United Kingdom
Auror today announced it will be launching its crime prevention platform into the UK market following its appearance at Retail Risk London.
American and European Retail Brands Bounce Back Better as Values Increase
American and European retail brands are leading the global retail sector in bouncing back better from the pandemic, with Amazon and Walmart leading the way.
