The 2024 Presidential Election’s Impact on Consumer Spending

The 2024 election has people wondering — will it change how we spend our money? Expert opinions differ on how the U.S. presidential election will affect consumer spending, with some predicting a return to normal economic cycles, suggesting that weather, unemployment and interest rates will influence spending more than the election. But, with all the extra election noise, will our favorite stores get lost in the shuffle as the holidays approach? Read More on The 2024 Presidential Election’s Impact on Consumer Spending

From Crisis to Opportunity: Retail’s Post-Pandemic Transformation

Despite post-pandemic hurdles lingering into 2024 — inflation, increased theft, high executive turnover and layoffs — the retail sector is finding resilience through innovative approaches. Whether adopting off-mall concepts or employing technologies like artificial intelligence, social media and shoppable content, retailers can harness the trends and predictions in this roundup to succeed in the year ahead. Read More on From Crisis to Opportunity: Retail’s Post-Pandemic Transformation

Retail Industry Experts Predict the Big Trends to Watch Out for in 2024

In 2024’s tight labor market and competitive talent landscape, retail trends focus on data analytics for workforce management and customer service. Intense marketing and supply chain recovery drive reliance on data while using AI to understand consumer behavior is vital for multichannel retailing and consistent pricing. Read More on Retail Industry Experts Predict the Big Trends to Watch Out for in 2024