Today, Deloitte released the results of its “2024 Back-to-School Retail Survey,” which examines consumers’ spending intent amid financial concerns as they balance priorities ahead of the back-to-school season.
FTI Consulting projects that U.S. online retail sales will reach $1.2 trillion in 2024, an increase of nearly 10% from last year, according to the firm’s 2024 Online Retail Report. The firm’s Retail & Consumer Products practice, which conducted analysis for the report, expects U.S.
Walgreens Boots Alliance has declared it will close a “significant portion” of its underperforming stores, which it says make up about 25% of the chain’s store base. Chief executive officer Tim Wentworth made the announcement during the company’s third quarter conference call last month.
Stop & Shop said Friday that it will close 32 underperforming stores by year-end. The closures will leave the Ahold Delhaize chain with more than 350 stores across its five-state footprint. “Stop & Shop is proud of the deep roots and community ties we have developed as a neighborhood grocer of more
WASHINGTON – More than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.
WASHINGTON – Retail sales showed moderate growth in June amid a still solid economy and near-zero inflation for retail goods, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released Friday by the National Retail Federation.
Dollar General has extended the Company’s partnership with Feeding America for a fourth year with an additional $1 million to support the organization’s efforts to address national food insecurity currently effecting 44 million Americans.
Circana has launched Liquid AI, the next generation of Liquid Data, empowering clients to make better, more informed decisions faster than ever before.
Meijer has opened a new 90,000-square-foot Meijer Grocery store in Noblesville, Indiana. “As we celebrate our 90th year as a family-owned retailer, we’re excited to bring our shopping experience to customers in Hamilton County for added convenience near home,” executive chairman Hank Meijer said.
Costco Wholesale Corp. said it will increase its annual membership fees in the United States and Canada, effective September 1.
Walgreens Boots Alliance (WBA) today announced the appointment of Dr. William Shrank to the company’s board of directors. Dr. Shrank is globally recognized for his leadership and expertise in health care strategy, policy and population health.
For the first time ever, Walgreens is launching a Mix and Match Buy 2, Get 3rd Free promotion, giving shoppers incredible value on more than 2,500 Walgreens branded health, wellness, beauty, and personal care items. This includes products from the popular No7 and Soap & Glory brands, among others.
WASHINGTON – The National Retail Federation on Wednesday released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales.
Stores remain the preferred destination for back-to-school shopping, according to Sensormatic Solutions’ 2024 U.S. Back-to-School Consumer Sentiment Survey, which found that 74% of consumers plan to conduct their back-to-school shopping in-store.
Kroger Co. has identified the 579 stores and other assets it will divest if its planned $24.6 billion merger with Albertsons Cos. goes through. The 579 stores owned by both retailers are located in 18 states and Washington D.C.
Michelle LeBlanc was appointed Vice President of Merchandising for Beauty, Personal Care and Hispanic Center of Excellence (CoE) by CVS Health.
