holidays

UK’s Hotel Chocolat Defies Retail Slump, Will Open 50 New Stores

UK’s Hotel Chocolat Defies Retail Slump, Will Open 50 New Stores
UK’s Hotel Chocolat Defies Retail Slump, Will Open 50 New Stores
January 20, 2023  |  Retail

Hotel Chocolat said focusing on “quality over quantity” paid off during the holiday shopping season. The British omnichannel retailer of luxury chocolates and gifts said...

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Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
January 20, 2023  |  Retail

Consumers pulled back on their spending during the holiday shopping season, according to Nordstrom. During the nine weeks ended Dec. 31, sales at the Nordstrom...

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Holiday Shopping Numbers Fall Short of NRF Forecast
Holiday Shopping Numbers Fall Short of NRF Forecast
January 19, 2023  |  Retail

The National Retail Federation says 2022 holiday sales grew 5.3%, missing an earlier forecast. That was due to ongoing inflation and steep interest rates, the...

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Grocers Fail to See Expected Surge as Shoppers Cut Back
Grocers Fail to See Expected Surge as Shoppers Cut Back
January 18, 2023  |  Retail

December sales data reveals that grocers did not get the predicted boost this holiday season. The U.S. Census Bureau’s advanced monthly sales report, released Wednesday...

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Mastercard: Holiday Gifts and Get-Togethers Drove Retail Sales in December
Mastercard: Holiday Gifts and Get-Togethers Drove Retail Sales in December
January 16, 2023  |  Retail

Consumers boosted their spending on goods other than vehicles during the holidays. Mastercard SpendingPulse found that U.S. retail sales excluding automotive rose 7.4% year-over-year in...

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Study: Online Sales Growth Chugs on Despite Gloomy Forecasts
Study: Online Sales Growth Chugs on Despite Gloomy Forecasts
January 04, 2023  |  Retail

A roaring return to brick-and-mortar shopping and pullbacks in some eCommerce categories gives the impression that online sales are down. They’re not. While 2022 did...

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This Holiday Season, Direct-to-Consumer Customers Demanded Deals
This Holiday Season, Direct-to-Consumer Customers Demanded Deals
December 29, 2022  |  eCommerce

It was good deals or no deal for direct-to-consumer brands this holiday season. This, as inflation-ravaged consumers sought value in all quarters to get the...

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Target, Nike, Urban Outfitters Get Jump on January Clearance Sales
Target, Nike, Urban Outfitters Get Jump on January Clearance Sales
December 29, 2022  |  Retail

With inventories high, retailers aren’t waiting until January to launch clearance sales. Among these companies is Target, whose new “Target Clearance Run” gives shoppers discounts...

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