Americans want to see their local small businesses thrive — and are willing to spend more to do so. Consumers reported that they are willing to spend nearly $2,000 more in 2024 if it means their ...

System same shop sales and transactions increased 6.9% and 2.3%, respectively, compared to the same period in 2023. Members of the chain’s loyalty program, Dutch Rewards, accounted for 71% of ...

The report is based on a survey of 75 U.S. retail industry executives, of which 80% were from companies with annual revenue of $10 billion or more, interviews with industry experts, and a ...

Earlier this month, 7-Eleven said it would close 444 underperforming stores in North America. In a filing, the company cited consumers pulling back on purchases due to inflation and continuing ...

G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. As part of the move, the company is closing its 110 ...

China is the single largest player in the social commerce landscape, and Statista expects the Chinese market to grow by 57% and hit $824 billion in revenue by 2028, representing two-thirds of the ...

Consumers are expressing uncertainty about tariffs, but until price impacts become visible at retailers, consumers may focus on headwinds like continued price elevation.

A digitally native sustainable footwear brand is streamlining its supply chain operations. San Francisco-based Allbirds, which was founded online and has since opened approximately 60 stores ...

“The retail industry experienced continued growth in 2024 as consumer spending remained high despite numerous market uncertainties throughout the year,” said NRF executive director of research ...

Four-in-10 (42%) respondents plan to complete more of their holiday shopping online this year compared to last. One-in-10 respondents intend to do 100% of their holiday shopping online, double the ...

Retailers are rapidly finding uses for generative artificial intelligence (AI) that go beyond customer service chatbots. Generative AI, which is ba sed on machine learning (ML), can create new ...

“Expanding our physical presence has been a key priority, and SoHo provides the ideal setting to connect with our U.S. customers in a new and immersive way,” said Eirin Bryett. “We look ...