ITIM

Retail sales for September were up 0.7% compared to August as consumers continue to spend despite economic concerns in the U.S. market. Sales from July through September were up 3.1%

“Funflation” is the latest buzzword that retailers are leaning on to explain why shoppers are steering clear from durable goods, coming off a summer of record-setting concert spending and pent-up

Deloitte’s survey suggests that consumers across income levels plan to spend more on gifts this holiday season despite ongoing inflation concerns, but some groups will see higher spending growth than

Will your business be around in a decade? That’s a tough question to face. But it’s a critical one.  In fact, nearly a third of retail CEOs admit that their companies won’t

A focus on offering high-value gift deals, personalized offers, sustainability, and human customer service are among this year’s potential winning strategies for retailers and brands, analysts say. Why it matters:

Artificial Intelligence (AI) is revolutionizing the retail industry. From personalized shopping experiences to inventory management, AI is helping retailers improve efficiency and customer satisfaction. Here’s how some big names in

Retailers are experimenting with interactive store models to re-connect with shoppers. Digital-first brands are opening physical locations for the first time while more established players are expanding store concepts and

The 2023 holiday shopping season is fast approaching, and the expectations are for a sluggish season. Surveys from numerous consumer watchdogs suggest consumers continue to cut spending and plan to be frugal