The Big Picture Although the August inflation number of 8.3% shook investors, retail sales continued to notch up last month. Overall sales climbed 0.3%, which was better than expected, but
How Do You Plan for Multiple Retail Stores?
Anyone who owns a retail store will tell you that inventory planning can be complicated. You need to account for your open-to-buy, sell-through rates, sales trends, and of course your
Aug. ’22 Retail Report: Better Stores See August Uptick
The Big Picture While inflation and gas prices both came down over the last month, consumer spending was nearly flat in July. According to the U.S Commerce Department, retail sales
Remember: Markdowns Are Our Friends
Markdowns are an essential part of every retailer’s toolkit. They allow you to incite demand while making space on your floor for new, full priced inventory. And, many times, markdown
July ’22 Retail Report: Vacations, Special Events Keep Sales Simmering
The Big Picture Retail sales continued to tick up in June, despite the 9.1% increase in inflation recorded over the same period. Total retail sales, excluding autos and gas, rose
Family Enterprises: A Legacy of Success
Family businesses are quite common in the apparel industry, due to their unique history. Up until around 120 years ago most clothing was handmade. Machines could do some work, but
June ’22 Retail Report: Inventory Levels Climb As Sales Cool
The Big Picture Overall retail sales fell 0.3% in May, while sales of clothing and accessories inched up 0.1% over April, according to the National Retail Federation. Last month is
May ’22 Retail Report: Gains Slow As The Sales Cycle Normalizes
The Big Picture Retail sales continued to remain strong in April, notching up 7.2%, with a 10.8% increase in apparel sales, according to MasterCard SpendingPulse figures. What’s more, the growth
April ’22 Retail Report: Despite Brisk Sales, Inventory Starts to Climb
The Big Picture Total retail sales grew 8.4% in March over last year, and 18% compared to pre-pandemic 2019, with travel and services making the biggest comebacks, according to Mastercard
March ’22 Retail Report: War, Inflation Still Haven’t Shaken Demand
The Big Picture Just as we were reaching greater stability amid the pandemic, the escalating war in Ukraine has reintroduced uncertainty into the market. The stock market has dipped as
