Tag: industry news
Holiday Season Predictions: ‘Tis the Season to be Shopping
In this article by Tony D'Onofrio, read about his holiday shopping season predictions, covering everything from the busiest shopping days to the relevancy of physical stores.
2024 Holiday Spending Expected to Reach New Record
Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations, and other seasonal items.
US Online Retail Sales Projected to Climb to $1.2 Trillion in 2024
FTI Consulting is projecting that US online retail sales will reach $1.2 trillion in 2024, an increase of nearly 10 percent from last year, according to the firm’s 2024 Online Retail Report.
Will ‘The Steal’ Slow Self-Checkout and Frictionless Commerce?
In this article by Tony D'Onofrio, read how retailers are dealing with loss from self-checkout, and the technologies they're using to help.
Window Film Depot Collaborates on the Deployment of New 3M ScotchShield Security Window Film...
Window Film Depot announced the launch of the new 3M ScotchShield Security Window Film S2400. Read more in this article.
California Attorney General Charges ORC Ringleader for $8M Scheme Across 21 Counties
California Attorney General Rob Bonta announced charges against the leader of an organized retail crime operation that spanned twenty-one counties and involved around $8 million worth of beauty products.
Everon Acquires Michigan-Based Riverside Integrated Systems Inc.
Everon has announced the purchase of Riverside Integrated Systems Inc. based out of Grand Rapids, Michigan—its fifth acquisition since 2023.
January CNBC/NRF Retail Monitor Numbers Show a ‘Great Start to the New Year’
Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year.
2023 Holiday Sales Grew 3.8% to Record $964.4B
US Census Bureau data shows that core retail sales during the 2023 holiday season grew 3.8% over 2022 to a record $964.4 billion.
December Retail Monitor Numbers Show Retailers Had Strong Holiday Season
Retail sales continued to grow in December, completing a strong holiday shopping season, according to the CNBC/NRF Retail Monitor.