Archive | Retailers & Retailing

RSS feed for this section
broken christmas ornament photo-1512475035448-30460b25ffd4

Shoppers Didn’t Live Up to Expectations over Thanksgiving Weekend

Over the five-day Thanksgiving weekend including Cyber Monday, consumers didn’t turn out as expected or spend as much. If this weekend – the traditional kickoff for the holiday shopping splurge – is the measure, then it was a dud.   The number of shoppers in-store and online dropped by some 5.2% from 2019 pre-pandemic high, […]

Comments Off on Shoppers Didn’t Live Up to Expectations over Thanksgiving Weekend Continue Reading →
Amazon.com

Amazon’s Hold on Millennials Is Steadfast, But Competitors Can Break Its Clutches

Since its inception, Jeff Bezos has been playing the long game at Amazon. He put everyone on notice in his first shareholder letter in 1997: “We believe that a fundamental measure of our success will be shareholder value we create over the long term. We choose to prioritize growth.” Profits took a back seat to […]

Comments Off on Amazon’s Hold on Millennials Is Steadfast, But Competitors Can Break Its Clutches Continue Reading →
LEGACY-2019-06-07-0001 copy

Luxury Home Furnishings Retailer Arhaus Got a Cool Reception on Wall Street

On the surface, premium home furnishings retailer Arhaus (NASDAQ: ARHS) had everything going for it as it made its debut on Wall Street early this month – strong profitable growth in the rapidly expanding furniture market. But investors weren’t necessarily buying it. It originally aimed for a $2.38 billion valuation with shares priced between $14 […]

Comments Off on Luxury Home Furnishings Retailer Arhaus Got a Cool Reception on Wall Street Continue Reading →
holiday shopping photo-1480733992048-df39e3947a38

Strong Holiday Retail 2021 Forecasts Are in Reach, But Next Year Is Another Question

The National Retail Federation (NRF) is out with its holiday 2021 forecast and it’s a doozy. November and December retail sales are predicted to grow between 8.5% to 10.5% over 2020, excluding automobile dealers, gas stations and restaurants. This comes on the heels of last year’s spectacular increase of 8.2% after consumers threw off the […]

Comments Off on Strong Holiday Retail 2021 Forecasts Are in Reach, But Next Year Is Another Question Continue Reading →
Hispanic Heritage Month NM Store 2 (1)

For Neiman Marcus Celebrating Hispanic Heritage Is More Than Just A Month-Long Event

Gabriela Hearst, Carolina Herrera, Johanna Ortiz, Tata Harper, Manolo Blahnik, Oscar de la Renta, Narcisco Rodriquez and Paco Rabanne share more than just being fashion designers. They all trace their heritage from Hispanic and Latino origins. And they all are taking the spotlight in selected Neiman Marcus window displays in honor of Hispanic Heritage Month, […]

Comments Off on For Neiman Marcus Celebrating Hispanic Heritage Is More Than Just A Month-Long Event Continue Reading →