Thanks to inflation’s starring role, 2023 featured major retail plot twists — consumers counted their pennies while brands and retailers did some serious soul-searching. This economic blockbuster forced many players to change up their product lineups and do a complete script rewrite for their overall...
Apple’s sales of iPhones are reportedly running lower than historical trends, while store inventories are up. Among the devices, there has been healthy demand for the iPhone 15 Pro and Pro Max — but this has only partially offset slower sales of the iPhone 15...
In the midst of the holiday season, while numerous retailers anticipate a weak consumer spending forecast amid an inventory glut, Macy’s may have set itself apart. The chain has moved to implement AI, enabling the retailer to adjust its inventory based on holiday demand. In...
Procter & Gamble (P&G), the consumer goods giant known for brands like Tide detergent and Pampers diapers, announced first quarter fiscal year 2024 results on Wednesday (Oct. 18), reporting net sales of $21.9 billion, an increase of 6% from the prior year. According to Jon...
January 03, 2024
Thanks to inflation’s starring role, 2023 featured major retail plot twists — consumers counted their pennies while brands and retailers did some serious soul-searching. This economic blockbuster forced many players to change up their product lineups and do a complete script rewrite for their overall strategies. The need to adapt became particularly evident as organizations […]
August 18, 2023
The eagerly anticipated earnings release for Walmart beat analyst predictions, showing how efforts by the Bentonville-based retailer to increase market share and grow its customer base may be paying off....
June 18, 2023
The Federal Reserve has signaled it will pause rate hikes. In the meantime, the U.S. consumer keeps spending. Economic data released over the past few days underpinned gains in the...
March 16, 2023
January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers were released on Wednesday (Mar....
March 14, 2024
Amazon is preparing to launch its first-ever “Big Spring Sale.” Scheduled for Wednesday through Monday (March 20-25), this event will offer customers in the United States deals on seasonal items like spring fashion, outdoor furniture, lawn and garden products, and cleaning and organizing items, the company said in a Thursday (March 14) press release. “All customers can […]
November 21, 2023
Apple’s sales of iPhones are reportedly running lower than historical trends, while store inventories are up. Among the devices, there has been healthy demand for the iPhone 15 Pro and...
October 18, 2023
Procter & Gamble (P&G), the consumer goods giant known for brands like Tide detergent and Pampers diapers, announced first quarter fiscal year 2024 results on Wednesday (Oct. 18), reporting net...
August 29, 2023
Analysts are expecting Apple to unveil a new line of iPhones and smartwatches at a September event. The tech giant has announced that it will be hosting its fall event...
