As we head towards a pivotal U.S. presidential election for retailers, it’s paramount that leaders in our industry pay attention to the impact it can have on their operations. The convergence of economic, political and regulatory risks presents a volatile landscape, demanding that retail leaders act swiftly to mitigate unprecedented challenges that will likely materialize…
Kelly Pedersen
In the ever-evolving landscape of consumer spending, a remarkable shift has emerged in 2023. This year, women are wielding a more substantial influence over the market, with their spending habits taking center stage. As we delve into this intriguing development, we find that the "summer spending spark" has catalyzed a significant change, bringing with it…
In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021,…