Fewer Americans headed to shopping malls during the Black Friday weekend compared to last year, new data suggests, as rampant inflation and economic uncertainty took a toll on retailers during the shopping holiday. Indoor malls, open-air lifestyle centers, and outlet malls all saw declines in foot traffic during the weekend of Nov. 25 to 27…
Black Friday Weekend Saw Subdued Mall Traffic: Report
December 4, 2022
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National Retail Federation Forecasts 8 Percent Holiday Sales Growth
November 3, 2022
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The National Retail Federation is forecasting holiday retail spending to grow 6 to 8 percent this year reaching up to $960 billion as many shoppers dip into savings or use credit cards to buy gifts for loved ones. “Our expectation is that we will have positive real [inflation-adjusted growth] for the holiday season,” association spokeswoman…
National Retailers to Examine Supply Chain Issues and Discuss Options at Ohio Conference
National retailers and their support industries are set to discuss strategies and options to combat supply chain issues that have resulted in challenges beyond the COVID-19 pandemic. On June 20 and June 21, the National Retailers Federation is hosting Supply Chain 360, a conference in Cleveland, Ohio. Jon Gold, vice president of sustainability for the…
Florida Attorney General Cracking Down on Organized Retail Theft
December 7, 2021
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“You’re not going to do it here. You’ll spend Christmas—not with Santa Claus—but with Santa Judd at the county jail. That’s a guarantee,” Polk County Sheriff Grady Judd warned criminals at a Dec. 2 press conference with Florida’s Attorney General Ashley Moody. As states across the country see a rise in organized retail crime, Moody…
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