Retail sales

Retailers Take Note: Consumers Say There Are Too Many Deals
Retailers Take Note: Consumers Say There Are Too Many Deals
November 25, 2024  |  Consumer Insights

Through the past few years, consumers in the United States, have collectively seemed to be an unstoppable force. They have spent through inflationary times, geopolitical...

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Ross Stores: ‘Treasure Hunt Environment’ Drives Off-Price Store Sales
Ross Stores: ‘Treasure Hunt Environment’ Drives Off-Price Store Sales
November 22, 2024  |  Earnings

Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said Thursday (Nov. 21) during the off-price...

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eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
November 19, 2024  |  eCommerce

Digital continued to take a larger slice of retail spending in the third quarter of 2024. However, a slowing pace of overall spending may send...

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October Retail Sales Up Overall but Online Sales Slow
October Retail Sales Up Overall but Online Sales Slow
November 15, 2024  |  Consumer Insights

October retail sales were up 0.4%, according to data from the U.S. Census Bureau. Although U.S. consumers keep opening their wallets, auto-related sales boosted results,...

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Online Grocery Prices Dip for First Time Since Pandemic
Online Grocery Prices Dip for First Time Since Pandemic
November 12, 2024  |  Economy

Online grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic. The cost of food declined by 0.1% in October compared to...

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Affirm Updates BNPL App Ahead of Holiday Shopping Season
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024  |  Buy Now Pay Later

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now...

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New Apple Intelligence Tools Aim at eCommerce
New Apple Intelligence Tools Aim at eCommerce
October 28, 2024  |  artificial intelligence

Apple’s launch of its artificial intelligence features on Monday (Oct. 28) marks more than just an upgrade to Siri. Industry experts say it could reshape...

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Back-to-School Shopping Drives Consumer Spending Surge in September
Back-to-School Shopping Drives Consumer Spending Surge in September
October 17, 2024  |  Economy

September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off past peaks. And speaking of past peaks — looking...

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LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
October 15, 2024  |  Retail

LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant reported third-quarter earnings that showed a 3% drop in...

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