BRG today announced the results of its Retail practice’s 2019 back-to-school survey, which found that consumers are ready to visit brick-and-mortar stores.
Spring may feel like an overnight shift to consumers—they wake up one day to find leaves on trees and pastel hues in shop windows—but to retailers it can represent a year’s worth of inventory planning.
BRG Retail writes about operating results, store closures and bankruptcies, the continuing evolution of retail, and critical themes for the C-suite.
Last year, in our review of operating results from the 2017 holiday season, we noted that retailers were “walking a tightrope” when it came to maintaining gross margins in the retail business environment. Guess what? Things didn’t improve much in 2018!
Retailers have felt the rising impact of online shopping generally and of Amazon in particular, and have witnessed a dramatic evolution of consumer buying patterns.
Keith Jelinek discusses customer bargain hunting, pricing and cost drops, and how holiday sales have increased but store earnings have decreased. Listen to the report at Marketplace. Mr. Jelinek speaks at ~1:06.
BRG 2018 Holiday Outlook and Consumer Survey (part 3) As expected, online sales stole the show during the big Thanksgiving shopping weekend, and overall retail sales showed large year-over-year increases. Overall sales on Black Friday and through the weekend and Cyber...
Keith Jelinek writes about best practices to serve customers and increase profitably in a challenging omnichannel retail environment, including understanding customers, leveraging analytics, and optimizing inventory allocation capabilities. Read the article at Total...
2018 Holiday sales forecasts have come in early, with a broad range of 4 percent to 5.5 percent year-over-year sales increase. Based on US Census retail sales data through September and BRG analysis, we expect the final sales increase to fall in the lower end of this...
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