Articles by tag: Consumer Spending
For some, record sales this last Black Friday may come as a bit of a shock. According to Commercial Observer, in the lead up to Black Friday, “consumers are feeling much more hesitant, and the retail landscape is looking trickier” thanks to inflation impacting consumer confidence. How much is consumer confidence actually impacting discretionary […]
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Warehousers Beware: Peak Demand May Occur Outside the Holiday Season
As evidenced by record sales this last Black Friday, consumer demand for online shopping has never been higher. And thankfully for Christmas shoppers all over the world, retail supply chains are rebounded from pandemic levels. Walmart, Sam’s Club and Target all claimed their inventories are primed to meet peak demand, and will now have those […]
2022 - Past Episodes
Retail Innovations of Today and Tomorrow
The present is fleeting. What consumers want today may not be the same tomorrow, so for retail strategists to stay on top, they must focus on the future ahead. Inflation and rising prices affect consumer spending today. Will those spending habits change long-term behaviors? What innovations will lead retailers to success from now until […]
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Consumers Continue to Dine Out Amid Inflation. How Should Restaurants Respond?
June’s high inflation numbers on both the consumer and producer end have reshaped customer-business dynamics across basically every industry. Various compounding issues, from geopolitical turmoil to lingering pandemic-era disruptions to the supply chain, have put people in a position to become more cautious with their money. The domino effects of inflation onto grocery stores, restaurants, […]
Business Services
Consumer Spending Up 7% says Bank of America Exec.
Bank of America’s Head of Small Business Sharon Miller speaks with Bloomberg’s Alix Steel and Guy Johnson about growing optimism for U.S. small businesses as uncertainty dropped to a 10-month low on “Bloomberg Markets:”. — Host: Sharon Miller, Bank of America’s Head of Small Business, her team provides financial solutions to about three million small […]
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Investing in Water Quality: Florida Takes a Proactive Strategy for Sustainable Infrastructure
Amid a national conversation on infrastructure and environmental sustainability, Florida positions itself at the forefront with a significant financial commitment to investing in water quality. Governor Ron DeSantis’s recent announcement of a $1.5 billion investment, focusing heavily on the iconic Everglades Restoration Project, comes at a critical time. As Florida’s population continues to swell, […]
How to Fortify Healthcare Networks: Training and Collaboration on Cybersecurity Best Practices
Recent cyberattacks on healthcare systems, including a significant breach at Change Healthcare, have underscored the vulnerabilities within the sector, highlighting the potential impacts on patient care and privacy. As healthcare continues its digital transformation, the demand to fortify healthcare networks has grown louder. This heightened focus on securing healthcare data and infrastructure is a […]
Big Box Retailers Must Embrace AR and VR Technologies to Stay Relevant in a Shifting Market
Big box retailers are increasingly focusing on the experience economy, integrating experiential elements to enhance customer engagement and satisfaction as retail landscapes evolve rapidly. This shift toward creating holistic shopping experiences is driven by consumer demands for more than just transactional interactions, a trend accentuated by the widespread adoption of technological innovations in the […]
5 Ways Learning Management Systems Embedded in Your PMS Help Jump-Start Onboarding
Hoteliers planning on new hires and seasonal hires must focus on shorter lessons, interactive experiences, and providing accessible learning tools to workers. By Warren Dehan Independent hoteliers are looking for impactful ways to train tomorrow’s workers – and fast. Hotel leaders must find ways to shorten training time and improve worker decision-making, starting with how […]