Tag: retail
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
How the Retail Council of Canada Leverages Collaboration
Rui Rodrigues, executive advisor of loss prevention and risk management for the Retail Council of Canada (RCC), explains how they leverage collaboration between retailers, police, and the crown.
Consumers Are Still Shopping Despite Inflation
Core retail sales rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains.
Proactive Face Matching Stops Active Shooter Threat
Active shooter incidents in 2021 spiked by 52.5 percent from 2020. In response, retailers are quickly adopting technologies, including face matching, that offer advance warning of threats.
Why Do Retailers Invest in Video Technologies?
Welcome to the first in an ongoing series of blogs reviewing the ECR Retail Loss Groups’ discussions and research on the use and impact of video in retail.
Keep on Rockin’​ in the Retail World
The latest statistics on global retail sales, e-commerce, physical stores trends, consumer challenges, and headwinds.