Retail News

August 5th, 2024

1. Consumer Spending Boosts Retail Occupancies to Record Lows

Rising U.S. consumer demand drives record-low retail vacancies and rising rents nationwide, according to Globest.

2. Fed Holds Interest Rates Steady, but Hints at Cut Ahead

The Federal Reserve kept interest rates at a two-decade high on Wednesday, while leaving the door open for rate cuts as soon as its next meeting in September.

3. What First Half 2024 Visit Trends Tell Us About What to Expect in the Second Half

Now that we’ve cleared the halfway point for 2024 with retailers preparing for back-to-school shopping (and Q2 2024 reporting season), Placer.ai takes stock of where we stand from a retail category perspective. 

4. Majority of Back-to-Class Shoppers Have Already Begun Purchasing School Items

As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year.

5. 7 Burning Questions Facing the Grocery Industry

As consumers continue to battle inflation and the Kroger-Albertsons merger looms, several industry challenges are top of mind for food retailers.

6. Denny’s and IHOP: An All-Day Breakfast Matchup

Explore the similarities – and differences – between Denny’s and IHOP.

7. Daiso to Expand U.S. Store Count – Here’s Where

Japanese retailer Daiso is expanding its footprint in the United States with three new openings this week.