Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. The agreement, finalized...
Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year,...
The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and...
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. As the Financial Times (FT) reported Sunday (Dec. 29), card...
While holiday spending may have filled merchants’ coffers, the challenge will be to keep consumer momentum going at the registers, particularly at brick-and-mortar stores. The...
As 2024 comes to a close, the retail sector remains defined by the intense rivalry between Amazon and Walmart. Over the course of the year,...
Boxing Day appears to be a muted affair for Great Britain’s merchants and shopping centers. Morning footfall on U.K. high streets was down 10.1% compared...
There’s good news and bad news for online retailers this year. The good is consumers are expected to spend almost $241 billion on eCommerce purchases...
This year, the holiday shopping season belonged to digitally savvy consumers. New data from Mastercard showed that while total retail sales from Nov. 1 to...