Retail sales volumes (quantity bought) are estimated to have fallen by 0.3% in December 2024, following a small rise of 0.1% in November 2024 (revised down from 0.2% in our last publication). Falls in ...
December retail sales data showed the US economy ended 2024 growing at a solid pace amid questions over how quickly the Federal Reserve will cut interest rates. The control group in Thursday's ...
WASHINGTON, Jan 16 (Reuters) - U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further ...
Rajnish Retail Limited achieved a 510% sales increase in late FY 2023-24. The company expanded its product range, boosting revenue by 350%. Its market value reached ₹250 crores. Rajnish Retail secured ...
Artificial intelligence (AI) is going to radically transform the retail sector and could result in the creation of new shopping channels, according to Doug Herrington, CEO of Worldwide Amazon Stores.
Retail company Briscoe Group has downgraded its profit guidance, after a slower than expected December. Worldline figures show Boxing Day retail spending across all core retailers was up 13 ...
With over four years of experience, Mannu Mathew specializes in business journalism with a focus on technology, the retail sector, D2C, and E-commerce brands. He is working as the Assistant Editor ...
And more shoppers are opting to shop online: online retail sales rose 6.7%, while in-store sales were up 2.9%. The good news for retailers is that many of the experts I talked to believe consumers ...
As we enter a new year, the retail industry continues to evolve at the speed of AI. Walmart Chief Executive Officer Doug McMillon recently observed that generative AI’s comparatively short cycle times ...
This week, thousands of professionals will gather at the National Retail Federation (NRF) 2025: Retail’s Big Show, for insights into the changing retail landscape. Top of mind for many attendees is ...
A new year always brings new trends with it — headwinds and tailwinds that will end up defining retail for that period of time. While it’s impossible to predict all of them (a pandemic that ...
U.S. retail sales for the last few weeks leading up to Christmas 2024 excluding automotive increased by 3.8% compared to last year, according to Mastercard’s SpendingPulse report. The figure ...