Retail sales declined in January, but former Hudson’s Bay CEO Jerry Storch says this is to be expected. A better metric, he says, is comparing year-over-year retail sales, which are up 3.6 percent. Meanwhile, retailers will benefit from modest inflation, he says, with price hikes that can January’s disappointing retail sales should not worry retailers, … More January’s lousy U.S. retail sales are ‘Poppycock’ says former Hudson’s Bay CEO
Struggling Sears Holdings Corp. saw sales in stores open at least a year drop 15.6 % for the fourth quarter — its worst showing for the crucial holiday period since at least 2012. Sales were down 18.1 % at domestic Sears stores open at least a year and 12.2 % at Kmart stores for the … More Sears will turn profit of at least USD 140 million, despite USD 1.7 billion revenue loss
Our exclusive expert guest authors are Madumitha Viswanathan and Swaathi Rajamnickam, final year (8th semester) students, Dr Subrata Das, Professor, Department of Fashion Technology, Bannari Amman Institute of Technology, Sathyamangalam, India The guest authors Introduction The remarkable technological growth for the past few years has influenced most of the Indian customers to choose e- … More Consumer buying behaviour in Indian Apparel E-Retailing
Income inequality has hurt retailers that serve the middle class, but the tax bill could give them a boost Tax cuts are not about to make America’s inequality problem go away. However, with an assist from a tight job market, they are bound to make the less-well heeled feel more flush. That should support … More Where will U.S. consumers spend their Tax Cut?