Tag: retail
Consumers Plan to Increase Valentine’s Day Spending to Nearly $26B
Consumers are expected to spend $25.9 billion on Valentine’s Day this year, up from $23.9 billion in 2022 and one of the highest spending years on record.
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.
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.
Learn How to Make Friends and Influence People
In this webinar on January 10 at 1 p.m. ET hosted by the Loss Prevention Foundation (LPF), Dragonfruit AI, and CONTROLTEK, learn about helping your friends be more successful, and in turn increasing budget for LP deployment of shared resources.
Record 196.7M Consumers Shopped Over Thanksgiving Weekend
A record 196.7 million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday.
Retail Sales Growing as Holiday Season Begins
Retail sales grew again in October as consumers set aside concerns about inflation and many got a jump start on the holiday season.
NRF Predicts Healthy Holiday Sales
The National Retail Federation forecasts that holiday retail sales during November and December will grow between 6 and 8 percent over 2021 to between $942.6 billion and $960.4 billion.
Year-Over-Year Retail Sales Growth Continues
Retail sales remained strong on a monthly basis and saw another year-over-year gain in September despite an interest rate hike from the Federal Reserve and continuing inflation.
Facing Global Economic and Retail Headwinds
The world faces multiple challenges for the balance of 2022, into 2023, and it may even extend into 2024. Multiple negative forces are combining to slow the dramatic growth of the pre-pandemic decade.
Halloween Spending Returns to Pre-Pandemic Levels
Participation in Halloween-related activities will resume to pre-pandemic levels, with 69 percent of consumers planning to celebrate the holiday this year, up from 65 percent in 2021
