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An activist group, The People’s Union USA, is calling for a complete boycott of consumer spending in the U.S. on Feb. 28.
Its quarterly report shows ad sales, membership income and its third-party marketplace expanded. Their margins may help keep store prices low.
Some call shifts in the industry a retail apocalypse as more companies close locations or file for bankruptcy.
The growth of online shopping means returns may rise to $890 billion for 2024. Retailers, though, are trying to impose costs on the practice.
The Nordstrom family will have a majority ownership stake.
Closures and bankruptcy filings have ticked up this year despite relatively steady consumer spending.
Data like credit card swipes and parking lot satellite photos show trends long before many measures of consumer sentiment.
Some retailers are having to adapt to climate change.
And all of those supply chain issues during the pandemic taught some businesses valuable lessons.
When a retailer buys a product from a manufacturer as is and slaps its own label and price tag on it, the practice is called white labelling.