Retail Stores

Consumer spending on Mother’s Day is expected to reach $34.1 billion this year, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics. The amount is up from last year’s $33.5 billion and follows closely behind the record of $35.7 billion in 2023. Eighty-four percent of U.S. adults…

In recent decades, spending after-school hours at local shopping malls was a rite of passage for teens and young adults, serving as an important social space for cultivating independence in a social setting. These experiences provided a first taste of consumerism and personal responsibility. The American mall not only provided a venue for leisure activities…

U.S. retail sales saw strong growth in March, with consumers rushing to buy big-ticket items like cars as the threat of tariffs — and likely higher costs as a result — loomed large. The U.S. Census Bureau reported Wednesday that overall retail sales in March were up 1.4 percent over the same period last year,…

Walmart-owned Sam’s Club plans to supercharge its expansion by opening about 15 new stores per year going forward and remodeling all of its approximately 600 locations across the country, the warehouse club’s CEO Chris Nicholas said last week. With the boost from those new locations, Sam’s Club aims to double its membership over the next…

The National Retail Federation (NRF) delivered a reassuring message to retailers after President Trump’s reciprocal tariff announcement on April 2. Despite the implementation of tariffs, the NRF expects the inflation rate to remain at current levels of 2.5 percent as measured by the personal consumption expenditure index. In addition, the retail industry is forecast to grow…

Consumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite worries over an economic slowdown and rising inflation. Retail sales increased 0.2 percent on the month, better than the downwardly revised decline of 1.2 percent the prior month but below the Dow…

Ross Stores announced Monday it opened 16 Ross Dress for Less and three dd's Discounts stores in 14 states in March, reports USA TODAY. According to the discount retailer, these new locations are part of the company's plans to add approximately 90 new stores in 2025, made up of 80 Ross and 10 dd's Discounts…

The retail industry is undergoing a major shift. As consumers return to physical stores, they bring expectations shaped by e-commerce’s speed and convenience. Brick-and-mortar stores are no longer just for transactions; they’re now key spaces for brand loyalty, customer engagement, and personalized experiences. However, one pain point remains: waiting in line. A 2023 PwC study…

Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report released on Friday. Retail sales slipped 0.9 percent for the month from an upwardly revised 0.7 percent gain in December, even worse than the Dow Jones estimate for a 0.2 percent decline. The sales…

Liberated Brands filed for Chapter 11 bankruptcy protection over the weekend and is looking to shutter its U.S. retail stores where it sold brands like Quiksilver, Billabong, and Volcom. The company said in a Monday press release that it filed for bankruptcy to "implement an orderly monetization and disposition of its businesses." It submitted a…