Retail Stores

The 2021 holiday season appears to be on track to exceed the National Retail Federation’s (NRF) forecast for record spending, despite ongoing supply chain disruptions, inflation and challenges like the new COVID-19 omicron variant, NRF Chief Economist Jack Kleinhenz said on Friday. “Now that we’re in December, the holiday shopping season is nearing the finish…

Toys R Us is taking another shot at opening up a store in the United States after its comeback plans were thwarted earlier this year due to the coronavirus pandemic. The toy retailer’s parent company, WHP Global, said Wednesday that it will open a two-level, 20,000-square-foot Toys R Us location at the American Dream megamall…

A Ranking of Publicly Traded Companies Based on Year-Over-Year Net Sales Growth

According to a CNBC report, retail stores in parts of the country appeared to be less crowded and more muted on Black Friday morning. The exception was Best Buy, which saw long lines of shoppers camping outside of its stores. BMO Capital Markets analyst Simeon Siegel said he was taking the pulse of the consumer at…

CVS Health said Thursday that it will close about 900 stores over the next three years, as it adjusts to shoppers who are buying more online. The company announced in a news release that it will focus more of its efforts on digital growth and turning its stores into destinations that offer a range of…

Regardless of retail’s latest headwind, brick-and-mortar organizations continue to embrace their enduring mission: get consumers into retail locations and convince them to part with their money. The emphasis on e-commerce over the past year or so hasn't changed this mission, but it has re-emphasized that customers want unique in-store experiences. Experiences are how you get…

Retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating this holiday season, the National Retail Federation (NRF) said Tuesday. October’s results come as the NRF is forecasting another record-setting holiday season, with sales forecast to grow between 8.5 percent and 10.5…

Don’t let the hoopla fool you: brick-and-mortar retail is here to stay. This is particularly evident by the news that Amazon.com, the company that aimed to sell everything online, might build a chain of department stores. After numerous retailers announced their plans to close several physical locations, it seems the world’s largest e-commerce company will…

When thinking of the 2020 holiday season, “normal” is likely the last word that comes to mind for many retailers. Instead, they might think of the last holiday season as “resilient” or “historic.” E -commerce surged then and now, and as another unique holiday season approaches, pair that uniqueness with much improved consumer optimism. Despite…

Despite hopes that this year’s back-to-school shopping season would mark a return to form after a year marred by COVID-19, foot traffic data at the nation’s top retailers indicate the season missed optimistic expectations. Foot traffic from July 5 to Aug. 31 shows that shopping this year aligned more closely with last year’s trends than…