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Mastercard: Retail Sales Up 7.6% During Holiday Season
U.S. retail sales excluding automotive increased 7.6% year-over-year for the period from Nov. 1 though Dec. 24, 2022, according to preliminary Mastercard SpendingPulse data. The index, which was not adjusted…
News December 27The Customer is Always Right: Why Programmable Voice is a Key Component of Digital Retail
Retail companies looking to digitally transform don’t need to fix what isn’t broken. Instead, these brands need to meet customers where they already are and adhere to their communication preferences…
Executive Viewpoints December 27Winning Windows 2022: Retailers go all out as Consumers Clamor for In-Store Holiday Shopping Experiences
The holiday season has always been a core period for retailers to level up their in-store experiences. Design and visual merchandising teams in particular rise to the occasion, finding creative…
News December 27Walmart, Home Depot and Gap Execs Honored by NRF Foundation
The NRF Foundation has named five retail execs to its list of People Shaping Retail’s Future 2023. The honorees will be celebrated at the 2023 NRF Foundation Honors on Jan.…
News December 27The Rise of Omnichannel Fulfillment: Dynamic Fulfillment Networks Create Opportunities for Brands
Retailers know that despite high inflation and a volatile economy, consumer expectations are at an all-time high. Research shows that the majority of consumers want next-day delivery. A Nielsen IQ…
Executive Viewpoints December 26Three Strategies to Employ in 2023 to Boost Retail Profitability in Spite of Inflation and Economic Uncertainty
The post-COVID-19 retail recovery hasn’t quite gone according to plan. However, during the height of the global pandemic, brands showed that they’re not just able to quickly pivot to overcome…
Executive Viewpoints December 23Data Dilemmas in Today’s Retail Edge IT Environments
Retailers today grapple with mounting data management challenges. They are required to keep critical corporate IT systems online 24×7 to ensure continuous business operations and customer application uptime, while separately…
Executive Viewpoints December 23Grove Collaborative’s Low Stock Price Could Lead to NYSE Delisting
Grove Collaborative, which offers a range of sustainable household and personal care items, faces delisting on the New York Stock Exchange (NYSE) if its share price doesn’t rise within six…
News December 22Under Armour Appoints Hospitality Veteran as President and CEO
Under Armour has appointed Marriott International President Stephanie Linnartz as its President, CEO and member of its board of directors following a search that began in May 2022. Linnartz will…
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