Retail sales

Department Stores Lead 1.1% Drop in December Retail Sales
Department Stores Lead 1.1% Drop in December Retail Sales
January 18, 2023  |  Retail

U.S. retail sales fell for a second month in December as slumping department store receipts saw the key economic benchmark post its weakest tally in...

READ MORE >
Grocers Can Win Zillennial Loyalty With In-Store Purchase Options
Grocers Can Win Zillennial Loyalty With In-Store Purchase Options
January 17, 2023  |  Connected Economy

Cross-channel purchasing options may be a key loyalty approach for grocers seeking to capture this bridge generation. Why Is This Important? Capturing this demographic just...

READ MORE >
New and Remodeled Convenience Stores Will Push Grungy Standalones to Brink
New and Remodeled Convenience Stores Will Push Grungy Standalones to Brink
January 17, 2023  |  Retail

With new brick-and-mortar and digital competition, convenience stores can no longer afford outdatedness or grunginess. The number of convenience stores is rising in the United...

READ MORE >
Digital Bank ila and Prizeout Launch Gift Card Program 
Digital Bank ila and Prizeout Launch Gift Card Program 
January 17, 2023  |  Gift Cards

Bahrain’s ila Bank has teamed with Prizeout to help its customers purchase gift cards. The collaboration with Prizeout, a U.S.-based AdTech firm, digitizes purchasing gift cards from more than 300...

READ MORE >
South Korea Leads World in Per Capita Spending on Luxury
South Korea Leads World in Per Capita Spending on Luxury
January 13, 2023  |  Retail

South Korea reportedly leads the world in per capita spending on personal luxury items. The country’s citizens spend $325 per capita each year on these...

READ MORE >
Amazon and Walmart Take Different Paths to Same Small Businesses 
Amazon and Walmart Take Different Paths to Same Small Businesses 
January 13, 2023  |  Retail

Whether it’s Amazon’s Buy With Prime or Walmart Go Local, big retail is thinking small. As in, thinking about ways to get more small and...

READ MORE >
CPI Shows Main Street Small Business Price Hikes Successful, for Now
CPI Shows Main Street Small Business Price Hikes Successful, for Now
January 12, 2023  |  Economy

Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...

READ MORE >
Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
Worldline and Lidio Streamline Access to $24B Turkish eCommerce Market
January 12, 2023  |  Retail

Worldline and Lidio have partnered to help eCommerce merchants access Turkey at a time when local consumers are facing 80% inflation. Together, payments services company Worldline and...

READ MORE >
Molson Coors Bets on D2C with Online-only Mocktail Brand
Molson Coors Bets on D2C with Online-only Mocktail Brand
January 12, 2023  |  Retail

Molson Coors is stepping up its digital presence with the launch of D2C-only mocktails. The beverage giant, which owns a range of popular alcoholic brands, including...

READ MORE >