Holiday sales hit new record — so do full-year salesDespite inflation and high interest rates, consumers ramped up their spending in December, helping to end the holiday season and full year on an upbeat note. Uber to shutter Drizly liquor delivery serviceUber is pulling the plug on a Boston-based alcohol delivery platform it purchased for $1.1 billion. NRF 2024: AI isn’t plumbing, but it’s universal There was one dominant topic of conversation at the NRF 2024 “Big Show,” and it wasn’t the cold, snowy weather. Restaurants bullish on expansion in 2024 Despite economic uncertainty and high interest rates, 2024 is looking like a year of growth for full-service restaurants. Brand Finance: Apple is world’s most valuable brand U.S. companies dominated the upper tier of an annual ranking of the world’s top 500 most valuable and strongest global brands. U.S. online grocery sales down 1.2% in 2023 year-over-year The U.S. e-commerce grocery market edged down in 2023 amid a decline in order frequency by online grocery shoppers. Proposed Kroger, Albertsons merger delayed The proposed merger between two U.S. supermarket giants is no longer expected to be completed in March. Study: In-store grocery shopping trumps online; self-checkout gains steam Self-checkout continues to gain traction — particularly with certain demographics. Study: Consumers undeterred by stricter policies as returns continue to increase Higher restocking and shipping fees and shorter windows aren’t stopping customers from making returns, which are eating into retailers’ profitability. Mid-market retailers optimistic about growth in 2024 Executives and C-suite professionals at mid-market retail and consumer packaged goods companies are nearly universally optimistic about 2024, with few anticipating a recession. First Previous 126 127 128 129 130 Next Last
