The next step in this movement requires an essential partner: retailers. Retailers are the bridge between entrepreneurs and consumers. Their shelves—both physical and digital—are the platforms ...
The average number of shoplifting incidents jumped 93% in 2023 compared with pre-pandemic times and monetary losses for retailers have risen 90%, according to the nation's largest retail trade group.
It also inspired my team of operations management researchers to study how customers respond when retailers make their return policies more strict. Our key finding: Whether they often or rarely re ...
Retail trends mirror human behavior in all its complexity. They are shaped by our emotions, influenced by the world around us, and driven by shifts in society and advancements in technology. In ...
MANILA, Philippines — More foreign retailers are projected to enter physical malls next year, mainly enticed by the country’s consumption-driven economy, according to a professional services ...
South African retail is a highly competitive, fast-paced and rapidly evolving market. Therefore for retailers to not only survive, but actually thrive, they need to ensure constant adaptation and ...
And just like that, you’re still his favorite aunt or uncle. Best Buy is one of several retailers touting new generative AI capabilities for the holiday season and year-round shopping ...
Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57.8% increase compared to the previous year, according to Coresight ...
US retailers have closed 7,308 stores so far this year in what has been dubbed a 'retail bloodbath.' Many legacy chains have struggled to bring in shoppers in 2024 whose wallets have been hit ...
November retail sales grew at a faster pace than Wall Street analysts had expected, reflecting continued resilience in the American consumer and indicating that the holiday shopping season in the ...
A slew of U.S. retailers have announced plans to shutter over 7,100 stores by the end of November 2024, a jaw-dropping 69% increase compared to last year, according to research firm CoreSight.