MoCRA Prompts Strict Regulations for Cosmetics Industry
The cosmetics industry is undergoing a major shift that will impact manufacturers, retailers and consumers. Signed into law in December 2022, the Modernization of Cosmetics Regulation Act (MoCRA) aims to enhance consumer safety by introducing stricter regulations for the manufacturing, distribution and safety assessment of cosmetic products.
New Report Reveals Omnichannel Shopping Preferences
The post-pandemic omnichannel retail landscape looks vastly different than it did in 2019. With consumers stuck inside their homes for months on end, online...
Men Emerge as Primary Gift Card Purchasers in the U.S.
New research from Blackhawk Network (BHN) reveals shifting gift card and gifting preferences among U.S. consumers. Among the most notable shifts found in the research: men...
Retail Sales Grew in April
Retail sales grew modestly from the month before in April, but a shift in the timing of Easter appeared to be behind a slight...
Navigating Walmart’s RFID Mandate as a Specialty Retailer
Since 2020, Walmart has required suppliers to add RAIN RFID tags to certain categories of goods as part of an ongoing digital transformation aimed...
2024 Outlook on the Retail Industry
During the National Retail Federation’s fourth annual State of Retail & the Consumer virtual discussion yesterday, Walmart U.S. President and CEO John Furner and...
Census Retail Sales Data Shows Consumers ‘Still Engaged’
Data released by the U.S. Census Bureau last week revealed that even though retail sales slowed in January, households continued to spend.
“Retail sales...
Census Data Shows 2023 Holiday Sales Grew to Record $964.4 Billion
U.S. Census Bureau recently released data which shows that core retail sales during the 2023 holiday season grew 3.8% over 2022 to a record...
The Impact of Beyoncé and Taylor Swift’s Tours on Beauty Businesses
Two recent surveys conducted by Vagaro unveil the influence of the “Taylor Swift: The Eras Tour” and Beyoncé’s “Renaissance World Tour” on beauty businesses....
Visa/Mastercard Fraud Rates on the Rise
An increase in fraud rates on Visa and Mastercard’s networks shows the need to pass the Credit Card Competition Act to provide merchants with...