Content about Forecasting

January 28, 2013

NRF forecasts slower sales for 2013

Retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4%, down slightly from 4.2% in 2012 and 5.8% in 2011, according to the National Retail Federation’s 2013 economic forecast.

November 8, 2012

Customer Growth Partners forecasts sluggish 2.8% rise in holiday sales; apparel and accessories strongest categories

Holiday sales will reach a record $556.8 billion, a sluggish 2.8% increase from 2011, according to retail consultancy Customer Growth Partners’ 11th annual Holiday Forecast.

October 30, 2012

Retailers hit hard by superstorm, economy expected to rebound

While it may be days, even weeks, before the full extent of the damage caused by Hurricane Sandy is known, economists are forecasting that retail sales will be impacted in October and November but that the economy overall will experience an uptick.

September 26, 2012

Deloitte forecasts ‘modest’ 3.5% to 4% increase in holiday sales; non-store sales to rise 15% to 17%

Total holiday sales are expected to climb to between $920 and $925 billion, representing a modest 3.5% to 4% increase in November through January holiday sales (excluding motor vehicles and gasoline) over last season, according to Deloitte’s holiday forecast.

May 16, 2012

Target Q1 beats estimates, raises forecast

Target Corp. reported a better-than-expected 1.2% increase in first-quarter profit as warm weather and an early Easter helped drive sales.

December 21, 2011

Consumer Trendspotting

It’s a new year, and with it comes the opportunity for a fresh start for retailers as well as consumers. As in new years past, I’m inundated with a flurry of trend forecasts, surveys and predictions. One of the more interesting ones to cross my desk comes from JWT, New York, one of the world’s biggest marketing communications brands. It is the firm’s seventh annual year-end forecast of trends that will impact consumer behavior going forward.

December 1, 2011

Oakley selects 7thonline planning and assortment solution

Cross-channel merchandise planning and assortment solution provider 7thonline said that sports brand Oakley has selected 7thonline Merchandise and Assortment Management to increase the productivity of its inventory and merchandising process.

September 26, 2011

Retail CFOs expect 3% increase in total 2011 sales, M&A activity rises

Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA.

September 23, 2011

Retail CFOs expect 3% increase in total 2011 sales

Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA, LLP.

May 10, 2011

Weis Markets selects Retalix to reduce out-of-stocks

Weiss Markets has selected Retalix's Demand-Driven Replenishment solution to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores.

January 26, 2011

Customer Growth Partners projects 5.1% retail growth in 2011

The retail industry will grow by 5.1% in 2011, the strongest growth in four years, according to Customer Growth Partners’ 2011 Forecast and Outlook.

January 11, 2011

Harrods taps Predictix to improve planning and decision making

Harrods is implementing a series of merchandise planning applications from Predictix.

November 24, 2010

Tiffany raises forecast as profits surge 27%

Tiffany & Co. reported a 27% gain in third-quarter profit, topping analysts’ estimates, as sales rose globally.

November 1, 2010

Survey: Holiday sales to hit $519 billion; strongest growth will be in electronics

Holiday retail sales will grow by a strong 4.5% [+/- 0.5%] year-over-year to a record $519 billion, according to retail consulting and research firm Customer Growth Partners, New Canaan, Conn.

October 31, 2010

Focus on: Demand Forecasting

Demand forecasting has taken on increased importance now that retailers nearly across the board...

May 25, 2010

Study predicts consumer electronics and appliances growth

Retailers of electronics and appliances in the United States are expected to grow sales of...

March 18, 2010

Hannaford Brothers data-management initiative receives award

Hannaford Brothers was honored with the Gold Award by the Information Integrity Coalition for the...

September 10, 2008

Survey: Price Hikes Cut Spending

As a two-thirds majority of Americans brace for recession by cutting spending, an ominous forecast...