More Companies are Manufacturing Nearshoring
Manufacturing overseas is becoming increasingly complicated. Between higher shipping costs, longer wait times and an increased risk of problems arising with the shipments, more companies are turning to manufacturing nearshoring.
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.
Small Business Index for July 2024: Sales Regain Momentum
Payments and financial services technology provider Fiserv, Inc. has published the Fiserv Small Business Index™ for July 2024. Nationally, the seasonally adjusted index for July rose to 141. This jump in consumer spending followed a four-point decline in June.
NRF Reports Economy is Still Growing
Key elements of the economy are still growing but appear to have slowed enough to be on track for the Federal Reserve to lower interest rates later this year, according to the National Retail Federation (NRF).
eTail Boston 2024 to Explore All Things Future Technology
eTail Boston is set to take place from August 12-15, 2024 at the Boston Mariott Copley Place. This e-commerce and digital marketing event will feature an agenda jam packed with presentations, panel discussions and interactive roundtables for retail professionals, all offering insight into navigating the rapidly evolving digital world.
The Rise of Recommerce — Discount and Thrift Retail Booming
Inflation has been eating away at consumers’ wallets for nearly three years and some retailers are starting to see a tide change as more...
Restaurants Experience a Decline as Shopping Centers Thrive
With the first half of 2024 officially behind us, it’s time for retailers to look forward to and prepare for the shopping trends to...
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...
Back-to-School Shopping Has Already Begun
As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, according...
Black Friday and Cyber Monday are Not Critical for Most Holiday Shoppers
A new survey from Basis Technologies found that 54% of holiday shoppers don’t view Black Friday and Cyber Monday as essential for their needs....
