Retailers spend millions of dollars combing through data to help them determine ideal store layouts, merchandise packaging and sales strategies to maximize consumer spending over the holiday season. Real-time data tools promise to give organizations a rapid picture of what’s working and what’s not. But data and numbers don’t tell the full story. In the
NEW YORK — Chain drug store holiday sales bettered last year’s results, with total dollar volume rising more than 4% and same-store sales advancing 1.8%. In comparison to the 2016 holiday retail sales season, when anxiety over the new administration may have peaked, consumer confidence was up this year, propelled by income gains and the
NEW YORK — Chain drug store holiday sales bettered last year’s results, with total dollar volume rising more than 4%. In comparison to the 2016 holiday season, when anxiety over the new administration may have peaked, consumer confidence was up this year, propelled by income gains and the long-running bull market. Chain drug store sales
NEW YORK — Holiday retail sales stand to climb 4% to 4.5% for the 2017 Christmas shopping season, financial consultancy Deloitte projects. Deloitte said Wednesday that its retail and distribution practice pegs overall holiday sales at $1.04 trillion to $1.05 trillion between November and January. The total is seasonally adjusted and excludes motor vehicles and
WASHINGTON — The National Retail Federation is out with figures showing that holiday retail sales reached $658.3 billion in November and December, a 4% increase from the previous year and surpassing the NRF’s preseason forecast for $655.8 billion in holiday spending. The number includes $122.9 billion in online (dubbed non-store sales by NRF) sales. That
NEW YORK — Pervasive optimism over the economy and strong early online sales signaled a robust holiday shopping season. Economic growth, a lack of inflation, rising wages and low unemployment have buoyed consumers and augured a willingness to spend significantly through December. And while many shoppers are favoring online purchases, the general enthusiasm was also
NEW YORK — Consumers are expected to increase their spending this holiday season, bolstered by an economy that is showing signs of strength. The National Retail Federation (NRF) expects sales in November and December (excluding cars, gasoline and restaurant sales) to increase 3.6% to $655.8 billion. That is significantly higher than the 10-year average of
NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing, as sales growth barely exceeded 4%. That was down from last season’s 4.4% advance in holiday retail sales, and well off the 5.4% gain of five years ago. Same-store sales were up 1.8%, virtually unchanged from 2014.
NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and well off the 5.4% gain of five years ago, according to research by Racher Press, the publisher of Chain Drug Review. Same-store sales
NEW YORK — A late shopping rush on the weekend before Christmas helped put some twinkle in holiday retail sales, but the final results for the season seemed to fall short of the optimistic projections retailers had set back in early November. Drug chains, however, may have fared slightly better during the holidays than the
A late shopping rush on the weekend before Christmas helped put some twinkle in holiday retail sales, but the final results for the season seemed to fall short of the optimistic projections retailers had set back in early November.NEW YORK — A late shopping rush on the weekend before Christmas helped put some twinkle in
