Current concerns about inflation, recession, and rising interest rates are putting a dent in retail strategies and rattling future planning. Per a May release from the US Bureau of Labor Statistics, the Consumer Price Index, a measure of inflation, was up 4.9% from...
With their retail purchasing power said to account for about $360 billion in disposable income, Gen Z shoppers can’t be ignored. Born between 1997 and 2012 or so, per the U.S. Census, there are some 68 million in the U.S. And while Gen Z consumers have adopted many of...
The staffing shortage in retail is real. Simply put, there are not enough workers available – or not enough candidates applying for the available jobs – to fill the positions that are needed in the industry. There are a variety of reasons behind the shortage, mostly...
To better understand what’s going on with retail staffing right now, we have to look at some bigger factors. I’ve written before about how unprecedented the current retailing trends are because of the pandemic and post-pandemic behaviors. We’ve seen so many curve...
Discover the 12 winning actions that today’s top-performing retailers and retail brands are taking to deliver the best customer experience, drive revenue, maintain sales consistency, and stay...
