Tag: retail trends
NRF Chief Economist Says 2024 ‘Ended on a High Note’
Economic growth withstood inflation, high interest rates, and other challenges in 2024 and is expected to continue showing strength in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz.
Census Data for November Shows Holiday Spending ‘Clearly on Track’ to Meet NRF’s Forecast
Retail sales remained strong in November, with data from the US Census Bureau and NRF showing solid growth despite the late timing of Thanksgiving, supporting expectations for a successful holiday season.
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.
Phygital vs Digital: How Retail Will Thrive in the Next 10 Years
In this article by Tony D'Onofrio, delve into the differences of phygital and digital and how it will impact the face of retail within the next ten years.
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.
Observations of a Loss Prevention Warhorse
In this article, learn from the experienced Kevin E. Lynch on where retail LP stands today, what's in store for the future, and the risks that retailers face each day.
Valentine’s Day Spending on Significant Others Predicted to Reach New Record
Valentine’s Day is returning to its romantic traditions, with total spending for the holiday expected to reach a record $14.2B this year.
How Supply Chain Loss Prevention Is Responding to Changing Needs
To learn more about how innovation is influencing the retail supply chain today, LPM held a roundtable discussion with several board members from the ISCPO to gain their insights and perspectives.
How Industry 4.0 Impacts Retail 4.0
Much has been written and said about the dramatic changes in commerce, and society generally, from Industry 4.0. These developments are undeniable, and their impact is especially pronounced in the retail sector.
Retail Sales Grew Again in August Despite Slowing Economy
Retail sales rose in August as school shopping began, even as inflation continued and interest rates remained high, the NRF said.