by - September 2, 2022 1:05 pm
Many retailers have reported shoppers making fewer trips and smaller basket sizes in recent months as rising prices weigh on household budgets. Grocery prices rose 12.2% this summer from a…
by - June 15, 2022 3:37 pm
The U.S. Census Bureau reported Wednesday (June 15) that consumers spent $672.9 billion on food and retail in May, down 0.3% from the prior month. Sales were up 8.1% from…
by - January 19, 2021 10:04 am
Retail market watchers expect 2021 to be a year of recovery, but they also agree the pain will continue for some amid dozens of bankruptcies and a plethora of store…
by - July 27, 2020 3:11 pm
Joe Donaldson, head of family-owned Sam’s Furniture in Springdale, dreams big. He has plans for another business expansion, adding to the nearly 170,000 square feet of showroom and warehouse space…
by - June 27, 2020 10:12 am
When 2020 goes into the history books, retail analysts say it will be a year like no other. The year began with a robust forecast by the National Retail Federation…
by - February 26, 2020 3:40 pm
The retail apocalypse in 2019 saw more than 9,300 store closures, nearly double that in 2018. But analysts interviewed by Talk Business & Politics expect closures to moderate in 2020….
by - November 14, 2017 6:21 pm
Partnerships are growing in popularity in the challenged retail sector, with retailers joining forces aimed at growing sales and providing convenience options for consumers. For example, Wal-Mart’s online business announced…
by - September 19, 2017 6:16 pm
Hurricanes Harvey and Irma ravaged the Texas Gulf coast and much of Florida, respectively, where Wal-Mart and Publix have dozens of stores that closed briefly during flooding and the storms’…
by - August 16, 2017 4:21 pm
In the volatile retail sector more stores continue to close thanks to more consumers purchasing goods online. Through the first seven months of 2017 store closure announcements have increased 175%…
by - June 13, 2017 3:24 pm
Two years ago the Walmart Foundation partnered with the National Retail Federation and other stakeholders to try and change the perception of retail jobs in America, and the work continues…
by - January 9, 2017 7:19 am
While early estimates indicate a stronger than expected holiday season for the overall retail sector, there will be winners and losers, and that dynamic will likely play out in 2017….
by - November 16, 2015 6:05 pm
No one in the retail business disagrees that massive change is underway. A new report by Kantar Retail provides some insight into the changes, noting that 2015 has been “flat…
