Retail sales are expected to grow 6-8% in 2022, a slower pace than last year and with some of those gains attributable to inflation, per the NRF’s annual forecast. Carol VencilMarch 18, 2022
U.S. inflation reached a new four-decade high of 7.9% in February as Russia’s invasion of Ukraine pushed energy prices higher. Carol VencilMarch 11, 2022
Economic effects from Russia’s invasion of Ukraine “have a debilitating domino effect on the economy that will impact consumer purchasing, supply chain, travel, energy ...,” per Allan Ellinger in WWD. Carol VencilMarch 4, 2022
Our thoughts go out to the innocent people in a violent war in Eastern Europe. Investors really liked growth companies in 2021 per PitchBook Data. Carol VencilFebruary 25, 2022
January retail sales up seasonality-adjusted 3.8%, the strongest monthly gain since March 2021, indicating consumers may be shrugging off the impacts of inflation. Carol VencilFebruary 18, 2022
Americans bought a lot of stuff during the pandemic – per the US Bureau of Economic Analysis, the 2021 trade deficit (imports vs. export) reached $859 billion - an all-time high and 27% over 2019. Carol VencilFebruary 11, 2022
Per the Footwear Distributors and Retailers of America (FDRA), footwear spending rebounded an unprecedented 29.8% in 2021 to a record $100.7 billion, confirming FDRA's outlook for a record year. Carol VencilFebruary 4, 2022
US labor costs grew at fastest pace in two decades. Consumer spending was down slightly in December with uncertainties around Omicron and inflation weighing on consumers. Carol VencilJanuary 28, 2022
Jobless Claims rose last week as the labor market faces headwinds while Omicron cases remain high. Carol VencilJanuary 21, 2022
Inflation creates a potential risk to retail sales, as 2021 inflation figures highest since 1982 with December prices up 7% over 2020. Carol VencilJanuary 14, 2022
Welcome to 2022 MMG Advisors M&A news! Per Stephen Sadove & Mastercard Spending Pulse, overall holiday retail sales rose by 8.5% vs. Last Year. Carol VencilJanuary 7, 2022
Greetings, and thanks for following us as we wrap up 2021! Consumer spending slows in November raising risks of a broader economic slowdown amidst a new wave of COVID. Carol VencilDecember 23, 20212021
November retail sales rose 0.3% over October; consumers may be having difficulty keeping up with inflation-driven price increases. Carol VencilDecember 17, 20212021
Metaverse could disrupt the Fashion industry as much as streetwear has, per The LE BOOK Connections Paris Show. Carol VencilDecember 10, 20212021
With holiday sales spread over more weeks and early deals showing up even in October, consumers didn’t wait for Black Friday or Cyber Monday. Carol VencilDecember 3, 20212021
It’s a most wonderful time of the year…. for the news! As Cyber Monday shopping continues, traffic to stores on Black Friday was down about 29% vs. 2019 levels yet up 47% vs. last year. Carol VencilNovember 29, 20212021
Per Commerce Dept., retail sales rose 1.7% in October. Leading retailers to report robust traffic and results. Carol VencilNovember 19, 20212021
Holiday shopping begins and Out-Of-Stock is a real thing. Alibaba Group's Global Shopping Festival “11.11” “Singles Day” posted all time high volume despite supply chain issues. Carol VencilNovember 12, 2021
In-person events gain traction with recent conferences focused on supply chain disruptions, 2022 sales planning, and on what consumer demand might look like going forward. Carol VencilNovember 5, 2021
US Economy grew by 2% with Covid and supply issues dampening gains per Commerce Department. Carol VencilOctober 29, 2021