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What inflation means for retailers this year

Soaring inflation is poised to affect several aspects of consumers’ shopping habits, starting with the likelihood that many will make fewer trips to the store, Unity Marketing founder Pamela Danziger writes. Spending is likely to center on essential goods, and retailers can focus on improving customer service as a...

  • April 14, 2022
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5 ways retailers are innovating curbside pickup

As consumers maintain shopping behaviors they adopted during the pandemic, retailers with an eye to the future are not only perfecting the curbside pickup experience to continue meeting consumer demand — they’re adding new perks and capabilities to make the service even more convenient. Extended hours, exclusive deals and...

  • April 10, 2022
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US retail sales rebounded sharply in January

US retail sales grew 3.8% in January as a result of both higher demand and rising prices, according to the Commerce Department, beating economists’ forecast of about a 2% gain and surging back after a 2.5% dip the previous month. Online and other non-store retail sales grew 14.5%, and...

  • February 24, 2022
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U.S. retailers announced twice as many store openings as closings in 2021

Major US-headquartered retailers announced more than 8,100 new store openings, even as the pandemic continued to broadly upend the industry and the global supply chain. The openings are more than double the number of closing announcements and a stimulus-driven rebound in consumer spending, pandemic-related lease renegotiations and balance sheet...

  • February 2, 2022
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Retail predictions for 2022

While the challenges of supply chain disruptions, labor shortages and inflation concerns remain, NRF Vice President of Education Strategy Susan Reda says 2022 is poised to be a great year for retail. Customers are excited to return to stores, and retailers are focused on new ways to make the...

  • January 27, 2022
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Retailers, Prepare for 2D Barcodes

The end of the Universal Product Code (UPC) is fast approaching, and both retailers and food and beverage manufacturers need to start planning for the future, according to GS1 US, the standards body that is preparing the retail industry to transition from linear barcodes to the data-rich 2D codes...

  • January 19, 2022
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Holiday sales growth topped forecast

US retail sales at stores and online surged to $886.7 billion in November and December, a 14.1% jump from the same period in 2020, according to a report from NRF, which had forecast growth of as much as 11.5% for holiday retail sales. “Despite supply chain problems, rising inflation,...

  • January 19, 2022
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Q4 retail sales closed strong despite December decline

US retail sales fell 1.9% in December from the previous month, according to the Commerce Department, reflecting a combination of inflation and supply chain glitches that spurred consumers to do more of their holiday shopping earlier than usual. Total sales for the last three months of 2021 were up...

  • January 15, 2022
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How big is the problem of organized retail theft?

Organized retail crime is a serious problem for US retailers who lose about 0.07% of total sales to ORC, according to NRF data, but some other industry estimates appear to have overestimated the damage. Read more …

  • December 19, 2021
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November Retail Sales Put Holiday Season on Track to Set New Records

Retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and COVID-19. Grocery and beverage store sales were up 1.3% month over month seasonally adjusted and up 8.8% unadjusted year over year. Read more …

  • December 19, 2021
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