International consumer confidence increased in the fourth quarter of 2020, according to The Conference Board Global Consumer Confidence Survey, with North America being among the most optimistic world regions.
Wüsthof Group named Jan-Patrick Schmitz CEO and chairman of its management board.
Staples once again is moving to purchase Office Depot, which would consolidate the office superstore channel in similar vein to what has occurred in the electronic and home furnishings specialty retail channels, where Best Buy and Bed, Bath & Beyond dominate on the national scene.
According to the Bureau of Labor Statistics of the United States Department of Commerce, retail helped hold the line on the unemployment rate in December.
After a series of occurrences, including trade disputes, the COVID-19 pandemic and political conflicts, consumers in the U.S. are looking at China-made products in a more negative light, according to Coresight Research.
The impact of tariffs on consumer purchase decisions will vary from product to product based on whether shoppers view an item as a necessity or a luxury, according to the results of a recent study by The NPD Group.
White House plans to increase tariffs from 10% to 25% on $200 billion of products made in China have been delayed, President Donald Trump said, citing “substantial progress” in talks between the United States and China.
China is the world’s largest country in terms of population, and this year could become the planet’s top retail market, displacing the United States.
Ikea’s strategy for its new, urban Planning Studio is based less on its past practices and more on an omnichannel approach the retailer is embracing.
The Trump Administration has delayed the scheduled 25% tariff on $200 billion worth of goods manufactured in China that was set to begin January 1.
The reconstitution of the Lowe’s Cos. continues under recently appointed chairman and CEO Marvin Ellison as the company announced it would close 51 underperforming operations in the United States and Canada.
Nespresso said it would be bringing back Cuban coffee to the United States for the first time in 50 years,…
Nespresso is expanding its United States and Canadian distribution model through a partnership with appliance manufacturer Breville. According to Nespresso,…
Wayfair is launching its mobile app in Canada, the United Kingdom and Germany. The initiative provides Wayfair customers across the…
In a new approach to consumers, QVC has launched an Apple TV application that provides shoppers more ways to discover…
As it continues expanding and consolidating its international operations, Hudson’s Bay Co. has formed initiatives to enhance multi-channel retail operations,…
Market research firm GfK asked mobile phone users in 23 countries about how they use their mobile phones while shopping…
Keurig Green Mountain and the Dr Pepper Snapple Group have announced that they will develop a selection of Dr Pepper…
Costco hit on all cylinders in the first quarter, as it revealed last week in releasing financial results, but a…
If consumers seemed less enthusiastic in their holiday purchasing for Thanksgiving weekend, the sluggish sales results may reflect retailer initiatives…