Big Lots is hoping holiday décor will put consumers in a shopping mood. The discount retailer, while announcing its second-quarter earnings Tuesday (Aug. 29), acknowledged...
Retailers have begun scaling back their warehouse and logistics operations amid changing consumer spending patterns. That’s according to a report Monday (June 5) by The...
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores...
The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up...
Affluent paycheck-to-paycheck earners curb, but don’t completely cut, spending across categories when faced with budget concerns. As consumers across demographics continue to stretch budgets to...
Merchants are working to gain business that used to go to Bed Bath & Beyond. The retailer that declared bankruptcy this week had 35 million...
F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...
Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...
Big Lots said it’s shifting away from big-ticket items and toward small-town locations. The strategic change comes as the Ohio-based operator of 1,450 off-priced stores...