Recognizing excellence in omnichannel services, the Total Retail 2023 Top 100 Omnichannel Retailers list includes The Home Depot and Ace Hardware in the top 10. Ace Hardware tied for sixth place with Abercrombie & Fitch with a score of 80.5, …
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Record Shopping Coming Thanksgiving Weekend
An estimated 182 million people, 15.7 million more than last year, are planning to shop in-store and online on Thanksgiving weekend this year, according to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. It …
Read More »Census Data Shows Retail Sales Growth in October
Retail sales kept up a long streak of year-over-year gains in October even though the growth rate continued to slow, says Jack Kleinhenz, National Retail Federation (NRF) chief economist, in response to the U.S. Census Bureau’s release of monthly data …
Read More »Show Your Store’s Holiday Spirit
Finding the perfect Christmas gift can be tough. National rural lifestyle retailer Tractor Supply Co. recently announced it is launching “Dad Squad,” a new service to help consumers find the perfect gift for the hardest shoppers this holiday season. The purpose …
Read More »Stay Organized With a Social Media Calendar
When it comes to social media strategy, one size doesn’t fit all. No matter how often you post or how many channels you belong to, a social media calendar is an easy way to plan your strategy and keep your …
Read More »Home Depot Announces Q3 Financials, Sales Down From 2022
The Home Depot today reported sales of $37.7 billion for the third quarter of fiscal 2023, a decrease of 3.0% from the third quarter of fiscal 2022. Comparable sales for the third quarter of fiscal 2023 decreased 3.1%, and comparable …
Read More »Mitigating the Consumer Impact of Retail Theft
With headline after headline warning of the rapid increase of retail theft and other related crimes, retailers have been working toward mitigating the negative impacts of these crimes on their operations and their bottom lines. While it’s clear how retail …
Read More »National Retail Federation Predicts Record Holiday Spending in 2023
Jack Kleinhenz, National Retail Federation (NRF) chief economist, says 2023 could be another record year for holiday spending. “The last few holiday shopping seasons have been filled with unmatched peculiarities for consumers and retailers alike,” Kleinhenz says. In 2020, sales …
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