‘Kidults’ responsible for one quarter of toy sales
Toys bought by adults (not to be confused with those “adult toys” that come in plain brown packages) are driving most…
Author: Rick Moss
Carhartt decides to hire locally, thanks to Michigan grant
Carhartt, the trendy worker-apparel retailer based in Detroit, is taking advantage of a nearly $1 million performance-based grant from the Michigan…
Musk polls Twitter on his fate as CEO and is voted down
Elon Musk, Twitter’s capricious CEO, launched a poll in his Twitter feed on Sunday asking, “Should I step down as head…
With shoppers returning to stores, retail CIOs turn to in-store tech upgrades
Retail technology chiefs pushed their departments to ramp up e-commerce operations quickly during the pandemic in attempts to keep pace with…
New York’s Mayor Adams seeks remedies to retail theft
Mayor Adams put NYC business leaders (including representatives from Target and Starbucks) in a room with law enforcement officials on Friday…
As inflation slogs on, the repo man is working overtime
Car repossessions fell the early months of the pandemic because borrowers took advantage of stimulus checks and got more slack from…
Porch piracy is on the rise, hitting 260 million packages in 2022
According to this year’s report from SafeWise, porch pirates nabbed an estimated $195 billion worth of merchandise from outside homes in…
Last-minute shoppers did their thing on Super Saturday
It will take a while for the numbers to roll in, but anecdotal reports from around the country attest to brisk…
Wall Street eyes earning reports from Fedex and Nike as key indicators
The previous quarterly earnings reports from Fedex and Nike sent investors scurrying. News from the two companies this week are being…
NYC moves put the kibosh on unlicensed weed shops
Would-be merchants of cannabis and THC products in New York say they have been frustrated by the lengthy process and red…
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