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Closures and bankruptcy filings have ticked up this year despite relatively steady consumer spending.
Data like credit card swipes and parking lot satellite photos show trends long before many measures of consumer sentiment.
Some retailers are having to adapt to climate change.
And all of those supply chain issues during the pandemic taught some businesses valuable lessons.
When a retailer buys a product from a manufacturer as is and slaps its own label and price tag on it, the practice is called white labelling.
It’s targeting Target.
The retailer can only raise prices so much — households that earn less than $35,000 a year account for 60% of its sales.
“If you don’t have any idea when or why a price might change, it creates a sense of urgency and a sense of scarcity,” says Amanda Mull at Bloomberg.
Chains that offer sales for members don’t just bring in customers. They also get valuable data for better-targeted advertising.
As you might expect, it’s hard to say.