The 2022 holiday retail season is officially upon us. Despite shoppers expected to be cautious with their spending, the holiday season is off to a good start, with Black Friday and Cyber Monday sales showing 2 percent and 5 percent year-over-year growth, respectively, falling in line with National Retail Federation projections for the season to…
Tobin Moore
A record number of cargo ships are backed up in U.S. ports. There aren’t enough dock workers or truck drivers to distribute every new shipment. The global supply chain is strapped. All of these issues combined are leading to a significant amount of out-of-stock inventory and frustrated customers. Retailers are scrambling to prepare for a…
This past year was tough for retail. From store closures to the explosion of e-commerce to a holiday “return-aggedon,” retailers were forced to make some tough choices, pivot, and then pivot again. Amid a financially challenging and uncertain retail environment, some retailers have, unfortunately, placed environmental and social responsibility programs on the back burner. It’s…
