by Jacob Musselman | May 29, 2025 | Industry News
Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high exceeds...
by Jacob Musselman | Apr 10, 2025 | Industry News
Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during the second...
by Jacob Musselman | Apr 3, 2025 | Industry News, Trends & Products
President Donald Trump announced tariffs on nearly all U.S. trading partners. These measures include a universal 10% tariff on all imported goods, effective April 5, 2025, with additional country-specific tariffs commencing April 9, 2025. Notable increases involve a...
by Jacob Musselman | Apr 2, 2025 | Industry News
The National Retail Federation (NRF) hosted its fifth annual State of Retail & The Consumer presentation, covering a variety of topics including how to serve customers, consumer trends and a 2025 retail sales forecast. The presentation also featured insights from...
by Jacob Musselman | Jan 29, 2025 | Industry News
Retailers across the U.S. have reported a 93% increase in the average number of shoplifting incidents per year in 2023 versus 2019, and a 90% increase in dollar loss due to shoplifting during the same period, according to the Impact of Retail Theft & Violence...