retail

In: Artificial Intelligence

Businesses today deal with a reality that is increasingly complex and volatile. Companies across retail, manufacturing, healthcare, and other sectors face pressing challenges in accurate planning and forecasting. Predicting future inventory needs, setting achievable strategic goals, and budgeting effectively involve grappling with ever-changing consumer demand and global market forces. InventoryContinue Reading

In: Finance

Walter Bibikow Retail sales showed moderate growth in June, amid a still-solid economy and near-zero inflation for retail goods, according to the National Retail Federation. Total retail sales, excluding automobiles and gasoline, were up 0.47% seasonally adjusted month over month in June and up 3.42% unadjusted year over year inContinue Reading

In: Finance

Manakin/iStock via Getty Images Deutsche Bank turned more positive on UK retailers on Tuesday. The firm said its proprietary UK discretionary spending analysis highlights robust income growth. There is also an expectation for a sequential improvement in consumer confidence. “With consumer confidence stepping up during Q2, political certainty, and inflationContinue Reading

In: Finance

hapabapa/iStock Editorial via Getty Images Microsoft (NASDAQ:MSFT) is consolidating its retail stores in China, the company noted in response to media reports that it is closing its network of authorized physical retailers in the country, Reuters reported. The U.S. company does not directly operate physical retail stores in China andContinue Reading