inflation

NYC Dethrones Hong Kong as Most Expensive Retail Center

NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
November 23, 2022  |  Retail

Cost-conscious shoppers continue to shy away from Nordstrom, with the luxury retailer still feeling the effects of a paycheck-to-paycheck economy in the form of declining...

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Main Street SMBs Are 4.6% ‘Healthier’ Than They Were Pre-Pandemic
Main Street SMBs Are 4.6% ‘Healthier’ Than They Were Pre-Pandemic
November 22, 2022  |  SMBs

No one quite knows what life after the pandemic might look like, as we’re all still in a state of returning to “normal.” Get the...

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Venmo Offers Help for High Inflation Holidays
Venmo Offers Help for High Inflation Holidays
November 22, 2022  |  Mobile Payments

With Americans preparing to enter a holiday shopping season they might not be able to afford, Venmo has debuted a pair of tools it says...

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3 Ways Retailers Just Proved That Innovation and Change Are Still Alive
3 Ways Retailers Just Proved That Innovation and Change Are Still Alive
November 19, 2022  |  Retail

For 60 years, Walmart’s stores have dotted the American landscape, its cavernous Supercenters serving as the one-stop-shop of choice for value-minded consumers, often in rural...

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Klarna CEO Says Investors Too Focused on Here and Now
Klarna CEO Says Investors Too Focused on Here and Now
November 18, 2022  |  Investments

Sebastian Siemiatkowski, CEO of Swedish buy now, pay later (BNPL) firm Klarna, has expressed his frustration at the current global investment environment. Get the Full...

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Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
Ross and TJX Ride the Discounter Wave as Consumers Seek Low-Priced Clothes
November 18, 2022  |  Retail

It may be a bad time for consumers and their wallets, but it’s proving to be a good time for the discounters and off-price retailers...

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Walmart Is Cutting Prices as Amazon Is Cutting Jobs
Walmart Is Cutting Prices as Amazon Is Cutting Jobs
November 18, 2022  |  Retail

In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever,...

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Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
November 18, 2022  |  Retail

Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic...

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