Retail Minute

Prices are dropping for new cars and food sourced at home, including key grocery categories.

Bed Bath and Beyond's filing for bankruptcy protection is another example of a specialty retailer that has shut down during the last decade, indicating that even those industries with one remaining dominant player still faced increased competition.

Slow growth supports the notion that unease amongst consumers and focus on other discretionary categories are chipping away at sales.

The deal represents the need for innovation in the beauty space, which often comes from small, innovative brands.

Elizabeth Lafontaine gives her top takeaways for retailers to Connor Perrett on the show floor at Shoptalk 2023 in Las Vegas.

Consumers, even without deep knowledge of the collapse of Silicon Valley Bank, may pull back on spending almost immediately, and the retail industry will feel the effects.

Consumers are changing their habits to be more conservative – a trend expected to continue this year.

If disposable income vanishes, consumers will be even less immune to inflationary pressures. Plus, what happens when student loan payments resume?

Using Just Walk Out technology to recreate and alter the consumer retail experience may still be too futuristic for the average grocery shopper in the U.S.

Growing retail sales coupled with the lowest inflationary growth are a bright spot within consumer spending.

Brands that are growing and headed for IPOs in the future must consider product lines in multiple channels to create that brand ecosystem for consumers to build loyalty.

Automation of the retail industry across all sectors, from supply chains to fast food restaurants to e-commerce AI took over the news this week. All of this is centered around making retail more efficient and more cost effective in retailers daily activities.