Hundreds of thousands of law enforcement officers around the country will gain instant access to information on retail crime, through a new partnership between retailers and the Federal Bureau of Investigation, according to the National Retail Federation (NRF). Through the FBI’s Law Enforcement Online network, federal and local law enforcement will be able to directly […]
According to UPS, the bellwether of shipping, the recession is over. According to UPS CEO, Scott Davis, “It looks like the recession is finally over, and believe it or not, that makes 21 recessions that UPS has successfully managed through.” “Economic forecasts indicate gradual improvement as 2010 unfolds,” says Kurt Kuehn, UPS’s chief financial officer. […]
There is cautious optimism to report for both the U.S. and the global economy, according to the latest edition of the PricewaterhouseCoopers LLP Manufacturing Barometer. Nearly half (47 percent) of survey respondents are optimistic about the U.S. economy’s prospects, whereas only five percent were optimistic a year ago. Similarly, 41 percent of panelists who sell […]
Any increase in retail sales in 2010 is welcome news, after what the economy has been going through. So it is good news that the National Retail Federation is projecting retail industry sales (excluding automobiles, gas stations, and restaurants) will increase 2.5 percent from last year. According to its bi-monthly Retail Sales Outlook, influential economic […]
The nation’s largest retailer is taking further steps toward an environmentally sound business model–specifically by evaluating its supply chain.
One of the largest shopping mall owners in America is expected to announce that it will divide into two companies, in order to avoid going under.
In the toy business, there’s one trade show that stands head and shoulders above the rest, and it will be returning to New York’s Jacob Javits Center.
Dollar General Corp. has announced that it is officially recalling a series of toy sets due to a danger involving a faulty safety feature.
Leisure products appear to be on the verge of a comeback, but manufacturers warn that the rebound is a slow one.
CONSUMERS ARE focused on saving, not shopping. This trend will be compounded by the fact that unemployment will remain unusually high in 2010.