Retail sales are on the upswing for the first time since January. Retail sales rose 0.4% in April, softer than Wall Street's expectations, but breaking a streak of monthly declines. https://t.co/8daU8GCPFm #retailnews
Not only is candy the #1 gifted item, according to @salesforce data it is also the top purchased item to have on hand for Easter celebrations around the world 🍭
Executives and founders at Shoptalk told Glossy that brick-and-mortar #retail is coming back in a big way, especially as online commerce and #marketing are both becoming much more expensive. Here are some ways brands are rethinking their storefronts https://t.co/BvsY18CCyi
Consumers plan to spend a collective $24 billion on #Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the NRF https://t.co/dQBCDFLLvN #retailnews
Macy’s, Ulta, TJX, and Five Below are among the retailers that have recently warned about the uptick in shoplifting hurting their bottom lines. While 2022 data are not yet out, retail theft cost retailers $95 billion in 2021 https://t.co/OSC8Cvk6Mr #Retail#shoplifting
SVB was closed on Friday and taken over by federal regulators, leaving some brands in the dark about how they would access their capital https://t.co/ezG6W50N1j #siliconvalleybankcollapse#retailnews
Black #consumers are expected to spend nearly $2 trillion in 2024, yet less than 15% of products are made by Black-owned brands. The Black Beauty Collective aims to fill the need for Black-owned beauty products through a collective of brands under one roof https://t.co/cnLM1NAeWF
Last week, Instacart announced that it's building an ‘Ask Instacart’ feature in partnership with Open AI. Through Ask Instacart, #shoppers can pose questions about things like budget, health & nutrition, and prep time as they are creating their lists https://t.co/Ywb8hhf76r
With the challenging climate, #retailers are devising new #business models and executing strategies to diversify their revenue. The hottest revenue generator in 2023, for instance, is the establishment of retail media networks to engage more with consumers https://t.co/OJ9yEijhoe
Retailers are turning to tech companies to revamp their brick-and-mortar strategies as the relevance of physical stores becomes more crucial post pandemic https://t.co/dLqlQ6p5J2 #Retail#retailnews
REI Workers in Cleveland voted to join the Retail, Wholesale and Department Store Union, making this the third unionized REI store in the country https://t.co/RkLLIIuwbW #retailnews
@Kim_Wallentin I think automation in retail is fascinating, and while I don't think it's completely out of the question that it could be taken too far in the future, I have not seen any automation as of yet that would steer customers away from certain stores
To better combat economic hardships, #retailers have been turning to automation and AI to receive support in handling orders, managing customer demographics, & increasing brand awareness — all while keeping costs down. Here are some 2023 #technology trends https://t.co/Af212WSNIk
With groceries now accounting for 57% of overall sales, up slightly from 56% in 2019, Walmart is starting to look like a giant grocery store that also sells #retail products instead of a mass merchant that also sells groceries https://t.co/cdoDjgMqKF
In an era of widespread labor shortages, skilled workers may be hard to find and harder to retain. Technology can help fill the gap that vacant sales associate positions create — and offer more immersive #shopping experiences for customers https://t.co/7eJfUZytaI #Retail
Shopify is expanding its Shop Promise program to all eligible U.S. merchants over the next few months, providing shoppers with reliable and accurate delivery dates https://t.co/7lck6tA7hr #Retail#delivery