Holidays: Page 9
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Retailers hail tentative agreement between UPS and Teamsters
While industry groups expressed relief at the breakthrough, uncertainty remains unless and until the new contract is ratified by union members.
By Daphne Howland • July 26, 2023 -
As student debt relief ends, millions of consumers will have $300 less each month to spend at the holidays: report
Peloton, HomeGoods and Old Navy, along with most apparel and department stores, will be among the hardest hit, according to Earnest Analytics.
By Daphne Howland • July 21, 2023 -
Trendline
Inside the 2024 holiday season
Retailers are navigating the effects of inflation as retail’s most important quarter looms.
By Retail Dive staff -
Uncertainty around UPS is ‘kryptonite’ to supply chains, RILA warns
The Retail Industry Leaders Association on Wednesday urged the carrier and the Teamsters, whose contract expires July 31, to get a deal done quickly.
By Daphne Howland • July 19, 2023 -
Back-to-school spending to tumble 10%: Deloitte
Inflation showed signs of easing markedly in June, but it will take consumers time to adjust, and discounts are in focus, according to the researchers.
By Daphne Howland • July 12, 2023 -
Retailers brace for hit to discretionary spending, holiday sales as Supreme Court nixes student loan forgiveness
Apparel, home goods and electronics will likely be impacted the most as households pull back further in order to pay down debt.
By Daphne Howland • June 30, 2023 -
Changes to student loan policies set to hit retail around the holidays
Apparel retailers have the most to lose from the end of the pandemic-era payment pause, especially if the Supreme Court strikes down debt forgiveness.
By Daphne Howland • June 26, 2023 -
Duluth Trading to lean on new fulfillment center during peak season
The workwear retailer expects more than half of its direct orders will be handled by the Georgia facility in Q4.
By Max Garland • June 16, 2023 -
Amazon plans further improvements to Prime membership as Q4 sales slip
As the e-commerce giant focuses on further tightening its operations, it will continue to add to the many perks members enjoy, executives said.
By Daphne Howland • Feb. 3, 2023 -
Hasbro slashes global workforce amid challenging consumer environment
The move is part of a reorganization that includes the COO’s departure and a shift away from consumer products.
By Daphne Howland • Jan. 27, 2023 -
Off-price Rack drags down Nordstrom’s holiday performance
But the retailer's seasonal results reflect margin consistency, and its focus on inventory management could pay off, some analysts say.
By Daphne Howland • Jan. 20, 2023 -
Inflation moderated in December, giving retailers some hope
The holidays led many consumers to buy more discretionary items, but they’re likely going to remain careful about their spending this year.
By Daphne Howland • Jan. 13, 2023 -
Five Below to convert hundreds of stores to higher-priced concept
The discounter sees roughly twice the spend from customers who purchase Five Beyond products and has received positive feedback on the format.
By Cara Salpini • Jan. 10, 2023 -
Macy’s lowers holiday sales prediction
The department store managed to maintain its guidance within its previous range, but its warning suggests that it lost market share, analysts say.
By Daphne Howland • Jan. 9, 2023 -
5 trends that shaped the holidays in 2022
From deep discounts to metaverse activations, here are some of the biggest influences on the season.
By Retail Dive Staff • Jan. 9, 2023 -
US shoppers took on over $1,500 in holiday debt: report
Consumers relied on buy now, pay later, credit cards and store cards to finance their 2022 holiday spending, according to LendingTree.
By Tatiana Walk-Morris • Jan. 6, 2023 -
Winter weather stymied on-time deliveries in days before Christmas
Project44 data shows how challenging conditions on Dec. 23 and Dec. 24 soured what was overall a smooth peak season for last mile delivery performance.
By Max Garland • Jan. 6, 2023 -
Shoppers spent record-breaking $211.7B online during 2022 holiday season: report
Discounts also hit record highs, which were “strong enough to sustain discretionary spending through the entire season,” according to Adobe.
By Tatiana Walk-Morris • Jan. 6, 2023 -
Wells Fargo downgrades Target amid signs the worst isn’t yet over
The analysts, saying the mass merchant’s troubles may go deeper than many observers appreciate, have downgraded its stock.
By Daphne Howland • Jan. 4, 2023 -
Total holiday spend grew nearly 7% in 2022: report
Though retailers saw an uptick in sales online and in stores this year, inflation has undercut growth, according to GlobalData.
By Tatiana Walk-Morris • Jan. 4, 2023 -
Podcast
The Backroom: Ushering in the new year with Doug Stephens
What retailers should know about the realities of the metaverse and more futuristic observations from the retail prophet.
By Retail Dive Staff • Dec. 29, 2022 -
Patagonia to close stores, give employees paid week off for the holidays
The company says the decision is important for the quality of life it provides its employees.
By Nate Delesline III • Dec. 22, 2022 -
Holiday returns rise 57% from 2021: report
Consumers have become critical of their discretionary spending and may be returning to repurchase at steeper holiday discounts, Salesforce said.
By Tatiana Walk-Morris • Dec. 22, 2022 -
Fragrance sales spike for the holidays: NPD
The category outperformed overall discretionary general merchandise spending during key weeks, including Black Friday and Cyber Monday.
By Tatiana Walk-Morris • Dec. 19, 2022 -
How Ulta is approaching its new store layout and the holidays
Chief Merchandising Officer Monica Arnaudo spoke with Retail Dive about store navigation, pricing options, and bringing mass and prestige together.
By Dani James • Dec. 19, 2022 -
Deep Dive
How small businesses are navigating the holiday season
With the impact of the pandemic ongoing and inflation adding pressure, neighborhood stores are facing similar challenges as their big-box counterparts.
By Kaarin Moore • Dec. 19, 2022