KHD Buzz – Retail Sales Up for October, Brands Keep Supplies Moving, the Big Santa Shortage and More

KHD Buzz – Retail Sales Up for October, Brands Keep Supplies Moving, the Big Santa Shortage and More

November 22, 2021 Off By Koehler Home Decor

Retail Revenues Rose in October, Despite Inflation Concerns

Americans eagerly started their holiday shopping early in October to avoid empty shelves amid shortages of some commodities due to the ongoing epidemic, providing the economy a boost at the start of the fourth quarter.

Even though concerns about growing costs of living drove consumer sentiment to a 10-year low in early November, the Commerce Department’s robust report signaled that high inflation was not yet hurting spending. Read More

Brands are Finding Clever Ways to Keep Supplies Moving

Companies are coming up with new solutions to deal with supply chain bottlenecks. For example, Stanley Black & Decker has transferred production from Asia to Europe and the United States, Colgate Palmolive has switched its toothpaste and toothbrushes from ocean containers to airfreight, and Walmart has chartered its own ships to transport goods. Read More

Amazon Encourages Third-Party Sellers to Keep Prices Low

Amazon has been encouraging third-party vendors on its platform to cut prices so that customers won’t buy the identical items on other websites or in stores. According to reports, the retail and internet behemoth has told some of its top marketplace vendors that they must display rates that are equal to or lower than those offered by Costco, Target, and Walmart. Read More

Even Santas Are In Short Supply

As the first holiday season of the COVID-19 epidemic in 2020 Santas across the country were losing jobs, and Santa visits were largely conducted online. Many folks want to return to their usual visits with Santa now that immunizations are available and national COVID-19 rates are significantly lower than last Christmas season. Except this year, Santas are in short supply. Read More

Analysts: Brands Raiding Price Risk Losing Loyalists

Big-name companies like Nestlé, PepsiCo, and Procter & Gamble are banking on brand loyalty to keep customers buying their products even if prices rise due to inflation. However, analysts warn that this strategy risks alienating erstwhile brand devotees who, as personal finances tighten, may turn to less expensive brand and private label alternatives. Read More

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