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 saw its third-quarter comp sales drop 11.7% as inflation and economic concerns continue to crimp low-end consumer spending. “The low-income customers whom...
Cash equivalents came on strong in the closely watched Cyber Five weekend that ended Monday (Nov. 28). Faced with staggering inflation that pushed paycheck-to-paycheck households to the breaking point, consumers held back and then pounced on deals during the annual holiday sales event. Importantly, while...
With all due respect to Alec Baldwin’s legendary “Always Be Closing” monologue from the film Glengarry Glen Ross, the ABCs of holiday shopping have gotten an upgrade this year in response to the unique mix of economic conditions currently roiling consumers and businesses alike. Just...
Six weeks after Amazon’s Early Access Sale and three weeks into Walmart’s month of Deals for Days events, and Black Friday — the mother of all holiday shopping occasions — has arrived. But rather than opening to her usual standing ovation, Black Friday takes the stage...
December 28, 2022
By most measures, the four core businesses of newly listed Solo Brands are growing sales in a sluggish economy and enjoying solid customer retention and return rates. Compare that to the 75% drop that Solo’s shares have suffered this year after going public in October 2021, and CEO John Merris is contending with two distinctly […]
November 17, 2022
As pretty much any retailer and brand can attest, acquiring and retaining subscription customers in a good economy — particularly high-value ones — is no easy task, but when the...
November 16, 2022
Inflation is changing consumer behavior — and not just in terms of shoppers looking for bargains. Many consumers are on the verge of eliminating subscriptions that do not maximize affordability...
November 02, 2022
It’s arguably the biggest deal in “Big Lingerie” since the breakup and spinoff of Victoria’s Secret last summer, as the mall-based physical store category leader has moved to acquire the...
November 01, 2022
Disney is offering American subscribers to its Disney+ streaming service early access to merchandise, letting them shop for products a week ahead of the public. The offering is a limited-time test, letting members get “special access” to the Shop Disney website to find products related to Star Wars, Marvel and the company’s flagship animated titles […]
March 02, 2018
The announcement that Kohl’s would be pairing off with discount grocery retailer ALDI drew everyone’s attention — mostly because the news caught so many people by surprise. In retrospect, perhaps the...
September 07, 2017
Generally speaking, the merits of brushing teeth are not a hard sell for must humans and have not been for the last 5,000 or so years. Because yes, brushing one’s...
