KHD Buzz – US Retail Sales Take a Tumble, Big Brands Feeling the Pain, Retail Casualties Keep Coming and More
US Retail Sales Fall to Lowest Levels Since 2009
The Commerce Department, finally releasing the December 2018 sales figures that had been delayed by the government shut down, says the US retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was emerging from recession. Read More
The Retail Casualties Keep Coming
2019 is not starting well for mall based bricks and mortar retail businesses. Retailers have already announced 2,187 new store closures since Jan. 1, including Gymboree, J.C. Penney, Charlotte Russe and Ann Taylor parent company Ascena Retail, according to Coresight Research. Read More
Big Brands Feeling the Pain As Physical Retail Locations Dwindle
As online retailers push them out in favor of smaller brands big brands like Pepsi, 3M, Sony and Colgate are feeling the pain of an increasing lack of shelf space in their traditional brick and mortar market. Read More
How Important Are Online Reviews for Local Businesses?
To answer that question Bright Local have released a survey conducted in 2018 among 1,000 consumers in the United States age 18 and older and the results seem to indicate the answer is very. Read MoreKoehler Home Decor is a wholesaler of home decor accessories and unique gifts. Source quality wholesale merchandise at KoehlerHomeDecor.com and find tips for promoting your business on our blog.