The holiday shopping season isn’t just going to be very different than any that have come before it. In some ways, it already is. For many consumers, the holiday-shopping rush kicked off in October with Amazon Prime Day and has continued as “Black Friday” sales...
The National Retail Federation (NRF) said it predicts retail sales across the U.S. will rise between 3.6 percent and 5.2 percent over what they were last year, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A pandemic-fueled surge in people wanting to learn how to play guitar and piano has given the country’s largest retailer of musical instruments a second chance at life, as investors and creditors have signed on to a plan that will allow 500 Guitar Center stores...
The holiday shopping rush is always critical for Main Street small and medium-sized businesses (SMBs) in the U.S. — a reality more starkly drawn in 2020 as some of those small shops and restaurants are just barely holding on after months of a pandemic that...
Nobel laureate Niels Bohr once quipped, “Prediction is very difficult, especially if it’s about the future.” If he thought physics predictions were tough, try 2020 retail sales. Even physicists won’t touch that one. Get the Full Story Complete the form to unlock this article and...
To say the least, the retail industry finds itself in the middle of a tricky holiday season. As of late October, data released by LendingTree indicated that a quarter of consumers were already finished with their holiday shopping for 2020. According to the survey, a large swath...
It’s hard to find things to like about the department store sector these days. Macy’s reported earnings last week, and it didn’t help naysayers change their minds about the format’s future, as the retailer reported a 21 percent drop in in-store sales and a marginal...
Online wine and beverage alcohol sales continue to outperform last year’s levels during the pandemic, but a new study shows the industry has a long way to go to being tech-savvy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
At a time of the year when there’s maximum pressure on shipping, Amazon announced that shoppers can get their holiday orders by choosing an Amazon Books or Amazon 4-star store as their delivery spots. Get the Full Story Complete the form to unlock this article...