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Retail Reset Coming as Inflation Takes Its Toll on Shoppers

It’s been almost two years to the day since Covid threw retailers and shoppers for a loop. Forced to adapt, both retailers and the shoppers responded remarkably well and as the threat of the pandemic diminished, retail’s 2021 recovery was remarkable as well.Retail sales advanced 14% and it seemed things were returning to normal as […]

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RH Pauses Plans as Ukraine, Supply Chain, Rising Interest Rates and Inflation Impact Demand

In the most recent RH earnings call, CEO Gary Friedman didn’t exactly hit the company’s brakes, but he did take his foot off the accelerator. Still proclaiming 2022 will be the year of new, that newness will be late on arrival.Reporting yearly and fourth-quarter results ending January 29, 2022, the company just met the 32% […]

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Jewelry Retailers Must Prepare for a Customer Retreat and Signet Has Been Preparing for this Day

A remarkable thing happened during and after the pandemic: Jewelry sales went through the roof. Personal consumption of jewelry reached $94.6 billion in 2021, up over 50% from the $62.3 billion spent in 2020, according to the Bureau of Economic Analysis’ (BEA) underlying data.Across the board, American consumers bought a ton of stuff in 2021. […]

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Expect Another Hit To Supply Chain With New China Shutdowns And Conflict In Ukraine

Despite dire warnings about product shortages impacting holiday retail sales, American consumers found plenty to satisfy their needs. Retail sales for the year advanced a record 14% year over year, reaching $4.47 trillion excluding autos, auto parts stores and gas stations, reaching a 20 year high.Yes, shoppers have been forced to get used to spot […]

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Retail Unionization Is on the Rise at Amazon, Starbucks, REI and Apple

During the early days of the pandemic, a new phrase entered our lexicon: essential workers. Defined by the U.S. Department of Homeland Security, “Essential workers are those who conduct a range of operations and services that are typically essential to continue critical infrastructure operations.”Many retail employees fit that definition including those working in grocery stores, […]

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