Retailers can expect parents to shop and spend more during the upcoming back-to-school season than they did last year, according to ShopperTrak. National retail sales, when compared to the same period last year, are expected to rise 4.3 percent in August, and retail foot traffic will increase 0.6 percent. “Back-to-school shopping is the first major […]
The U.S. Consumer-Confidence Index climbed to a five-year high of 76.2 in May from an upwardly revised 69.0 in April, the Conference Board reports. The increase beat the forecast of economists polled by MarketWatch, who expected the index to rise to 72.3. The surge in confidence mirrors the Consumer Sentiment Survey, which hit a six-year […]
Retail sales excluding automobiles, gas stations and restaurants rose 0.6 percent in April seasonally adjusted from the previous month and increased 3.9 percent unadjusted year-over-year. Strengthening employment data, increasing housing prices and a record-breaking stock market may have provided consumers the confidence they needed to shop last month. “In the face of higher taxes and […]
Chase cardholders were generous gift-givers in Q4 2012, which recorded significant increases in a number of retail categories.
Is your cash tied up in unsold inventory? If so, the following questions should be addressed: How did it get there? What can be done to get it out? How can you prevent the same thing from happening again? Clearly you are purchasing more than you are capable of selling. The extra inventory is carried […]
When a retailer first notices slow business in general or items not selling as they should, denial is often the first emotion felt.
Deeper connections with consumers can help drive higher levels of purchase intent, response rates, online engagement and advocacy.
An inside look into what customers love and loathe could mean the difference between record sales or bankruptcy.
With a sluggish economy and the Green movement pitted against bookstores, a new innovative business model needed to be put into place.
Mother’s Day is prosperous for both moms and merchants, as independent retailers see an influx in holiday shopping.