About 60% of shoppers say they’ll adjust which retailers they shop at if the Trump Administration’s proposed tariffs on Chinese imports go into effect, according to a survey from rewards app Shopkick. The company surveyed more than 30,000 of its app users.
Costco announced last week that members could access a digital membership card via the retailer’s app by creating an account on Costco.com, according to a company Instagram post. Customers can use the app when entering the warehouse and checking out, according to the company’s website.
The University of California is looking to halt imports of vintage-style LED light bulbs that are sold at five of the nation’s biggest retailers, including Walmart Inc., Target Corp. and Amazon.com Inc.
Selfridges, the British luxury department store, has launched its Christmas range at its flagship Oxford Street store a record 149 days early, in a bid to cash in on souvenir-hunting visitors and replicate previous commercial success of the early festive launch.
This back-to-school season could bring a “significant slowdown” in sales, according to a new report from Coresight Research emailed to Retail Dive. The firm expects 2% to 2.5% year-over-year growth in non-food retail sales between July and September, down from 4.4% growth for the period in 2018.
Gen Z is headed to physical stores for the upcoming holiday shopping season, with 55% saying they’ll do the majority of their holiday shopping at brick and mortar shops, according to a Shopkick survey emailed to Retail Dive. Fifty-four percent of Boomers said they will do most of their shopping in stores.
Consumer spending is expected to reach nearly $26.2 billion, or $696.70 per household, on K-12 back-to-school items in 2019. The total household spend is up from 2018’s reported $684.70, while spending a year ago was higher — $27.5 billion total — due to more families with children in grades K-12, according to National Retail Federation’s […]
Retailers vacated US shopping centres at the fastest pace in at least nine years in the second quarter as the relentless rise of online shopping and collapse of debt-laden chains begin to hit the commercial property market. More than 7,400 store closures have been announced this year, with Sears, Victoria’s Secret and Charlotte Russe among […]
As it turns out, reports of Toys ‘R’ Us’ death may have been greatly exaggerated. The iconic toy retailer—which filed for bankruptcy in 2017 after piling up more than $5 billion in debt—closed its more than 800 U.S. doors and seemed destined for the retail graveyard.
Sales at U.S. retailers rose solidly in June for the fourth month in a row, pointing to a strong rebound in consumer spending in the second quarter that suggests the economy is not as fragile as the Federal Reserve apparently believes.
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