Retail is leading the way into a new roaring twenties
July 19, 2021
Consumers are spending big at retail as the social distancing and other restrictions created to protect against the spread of COVID-19 have been relaxed. Consumers also have added dollars in their wallets as a result of federal stimulus and child credit payments.
Recent News
Amazon Debuts New Streaming Ads on Prime
Amazon Ads has unveiled new ad formats for Prime Video users.
Babies“R”Us Is Returning to Some Kohl’s Stores
The openings should begin later in 2024.
Reddit Reveals New Policies and AI Licensing Ventures
Reddit Inc. has unveiled fresh guidelines governing data on its platform, aiming to bolster its revenue streams through licensing deals with AI developers and other firms.
April Retail Sales Showed Moderate Growth
Retail sales in April showed a modest uptick compared to the previous month, according to the latest CNBC/NRF Retail Monitor. However, a year-over-year decline was observed, attributed largely to the timing of Easter.