Consumer confidence translates to heavier holiday spending. This Father’s Day confidence and projected spending are at near-record highs of $15.3 billion, according to the National Retail Federation. According to the annual study, “a total of 77 percent of Americans will celebrate Father’s Day and spend an average of $133 per person.” This expected spending is […]
“Fashion is one of the most pollutant industries in the world,” explains Emma Olson, cofounder of Hazel & Rose boutique in Minneapolis. Before Hazel & Rose opened, Emma was working in mass retail and “becoming less and less comfortable with my work.
Millennials are opting for pets, not parenthood, and it’s causing a huge increase in sales for pet product retailers. According to a RetailWire article, on average, dog owners spend $1,285 a year and cat owners spend $915 on their furry friends. These “fur-babies” are treated like actual children, and who can blame them? Pets of […]
Could you ever imagine walking into a store and seeing no products for sale? Nordstrom has decided to boggle minds with that exact method: they are planning to open two merchandise-free stores in the LA market, according to Co-president Blake Nordstrom in a transcript. After its successful launch with their first merchandise-free store in October, […]
In-store personalization is more important now than ever, especially with Millennials and Generation Z wanting to feel more like a close friend than a customer. Online start-up retailers are showing us how it’s done. Digital native brands such as Everlane, a clothing company, Casper, a mattress startup, and Eyebobs, an eyewear retailer, are making an […]
Back to school shopping is the second biggest spending occasion, after the winter holidays. Each year, back to school and back to college shoppers spend roughly $80 billion.
The royal wedding on Saturday had church bells dinging and cash registers ringing. Prince Harry and Meghan Markle not only boosted the British economy by $1.4 billion, but they’re making a pretty big statement in retailers around the world as well. Markle has inherited what Moneyish calls the “Kate Effect,” which refers to how much […]
The year is looking good so far! On May 2nd, Mastercard reported a better-than-expected quarterly profit with how much consumers spent on credit and debit cards. The value of transactions processed in the U.S. rose 10.5 percent to $419 billion. This doesn’t even include possible cash and other types of card transactions. The National Retail […]
As the online giant continues to grow, they need new space to put future employees to ensure the company keeps a good flow. With one headquarters office in Seattle, they are expecting to invest over $5 billion in the new HQ2 and they have a couple of places in mind. Nothing is set in stone […]
Corri Neckritz started selling apparel out of her home in 2007 after experiencing frustration with the limited selections while shopping for her own kids. Flash forward to 2018 and she is the owner of Groove, a one-stop-shop for apparel, gifts, novelties, and more for babies, kids, teens, and adults.