What retailers can expect from consumers this year

In the last decade, it’s become routine for retail giants to vanish annually, and 2024 won’t deviate. Their abrupt departure sparks nostalgia and fuels debates on the forces behind their demise, often leading to melodramatic declarations

In recent years, for a variety of reasons — operational changes, challenges in hiring and corporate expense cuts — some retail stores are noticeably light on staff. Since the height of the pandemic, store operations have

For some reason, it was a relatively slow week in retail news. I added a lot of big research reports to the pile to read, but otherwise, there wasn’t a lot of economic news, research trends,

The US Bureau of Economic Activity released its third revision of real GDP for Q4 and full year 2023. They’re now saying that real GDP for Q4 increased 3.4%, an upwards revision and reflects, in part,

itim Group plc (LON:ITIM) is a SaaS-based technology company that enables store-based retailers to optimise their businesses to improve financial performance and effectively compete with online competitors. Itim adds retail value by helping multi-channel retailers optimise their business

Last week, the retail economic indicators were cautiously optimistic, with decent growth predicted for US retail sales in 2024 and bright spots in UK consumer confidence in March. The industry learned through surveys that store employees

Perhaps the single most effective thing retailers can do in 2024 and beyond is to acknowledge that aspirations and consultative conversations have overtaken reality. If a retailer wishes to take advantage of the latest and greatest

Perhaps the single most effective thing retailers can do in 2024 and beyond is to acknowledge that aspirations and consultative conversations have overtaken reality. If a retailer wishes to take advantage of the latest and greatest

Retail leaders from Saks, Google, Coach, Ulta Beauty and Olaplex were among those named in the third annual list of the 25 most inspirational women leaders in the US. The list is picked by three business networks — the

The retail sector has witnessed significant transformations over the years, driven by technological advancements, changing consumer preferences, and global economic shifts. As we navigate the future of shopping, it is imperative to recognise and adapt to

Artificial Intelligence (AI) is revolutionising the retail industry, fundamentally changing how businesses operate and interact with customers. With the integration of AI-powered technologies, retailers can enhance customer experiences, optimise operations and drive revenue growth. Keep reading

In a bustling era where high street meets digital, Itim Group PLC, a pioneering force in retail technology, has inked a groundbreaking contract with QUIZ clothing, a beacon in the fast fashion industry. This announcement, heralding

In the segments covered by Retail Dive, retail sales in January rose 3.8% year over year, based on figures released Thursday by the U.S. Department of Commerce. Various analysts deemed this a decent performance, but one

Social commerce is where social media and e-commerce intertwine. Consumers scroll social media platforms like TikTok and Instagram for entertainment and information. More recently, consumers are using social media to browse and shop online. If brands

Retail and consumer service revenues were an estimated 8.1 per cent higher in January than the same month last year. The General Statistics Office (GSO) reported retail sales and consumer service revenue reached an estimated VNĐ524.1 trillion (US$21.8 billion) last month, a sign of