With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward. However, even during times of inflation, consumers are still likely to seek out the best deals to ensure they can...
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. 15) and showed overall sales slumping 0.4%, a sharp drop compared to the previous month’s...
Consumers’ interest in beauty and wellness products and services remained strong in the fourth quarter for Ulta Beauty. The company completed a year of record sales, profitability and member growth during the quarter ended Jan. 28. Its annual revenue topped $10 billion for the first...
Today in the connected economy, earnings results from buy now, pay later (BNPL) companies show the payment method remains attractive to consumers. Plus, Ulta Beauty reports that digital shopping remains popular even as people return to stores, and information management company Open Text buys software...
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. 15) and showed overall sales slumping 0.4%, a sharp drop compared to the previous month’s 3.2% rise. Retail sales specifically dipped 0.1% month-over-month. The news […]
December 21, 2020
Rewards points and programs may spur customers to make purchases, but do they inspire loyalty that lives on after the transaction is made? It was the main question put to...
April 24, 2017
Buying hair color out of a box at a store is a retail experience that leaves much to be desired, as anyone who has ever tried to match a salon...
March 10, 2023
Consumers’ interest in beauty and wellness products and services remained strong in the fourth quarter for Ulta Beauty. The company completed a year of record sales, profitability and member growth during the quarter ended Jan. 28. Its annual revenue topped $10 billion for the first time, its annual net income surpassed $1 billion, and its […]
May 13, 2022
As its sales slump stretches to a year, The Honest Company is touting ongoing and new partnerships as key to helping it reverse course for its clean lifestyle brand ahead...
March 11, 2022
Ulta Beauty appears to be faring well in the increasingly fierce battle for customers in the beauty care space, as Sephora is deepening its in-store presence at Kohl’s and Walmart...
March 18, 2020
Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside their massive spaces spreading the...
