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Retail

My Economy

A mobile bookstore in the Bronx “is where my heart is” 

by Anais Amin
Apr 13, 2022
Storefront prices were too high, so Latanya DeVaughn of Bronx Bound Books used savings, a grant and a bus to realize her dream.
Courtesy Latanya DeVaughn
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Inflation expectations are causing this toy store owner to stock up

by Sean McHenry
Apr 1, 2022
Irene Kesselman, owner of Ali Cat Toys, said her store's inventory is high leading up to Easter — partly because she wants to avoid future inflation.
"We have everything from plush Easter bunnies to Easter chocolate," said toy store owner Irene Kesselman. "As well as other things that are non-Easter that will go into a basket, like bath bombs and pencils and that kind of thing."
Andy Lyons/Getty Images
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The question the retail world is asking right now: Sell cheap or hold?

by Lily Jamali
Feb 22, 2022
Rising inflation will change the calculus for some apparel wholesalers.
Inflation may allow wholesalers to turn a profit on older goods that would ordinarily be sold at a discount.
Brandon Bell/Getty Images
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Lowe's to test mini Petcos in stores

by Savannah Maher
Jan 27, 2022
E-commerce is driving the stores-within-stores trend.
Lowe's will try incorporating miniature Petcos into some locations, following a trend of similar retail partnerships.
Bruce Bennett/ Getty Images
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Buy now, pay later services replace layaway

by Janet Nguyen
Jan 10, 2022
Services like Affirm and Klarna charge interest for allowing consumers to pay for their purchases in installments.
Layaway has become a relic of retail's past.
Brandon Bell/Getty Images
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What might consumer spending look like in 2022?

by Marielle Segarra
Dec 31, 2021
Retailers are making a calculation about what to put on shelves. And it comes down to supply and demand.
Throughout the pandemic, consumers have shopped quite a bit. It doesn't look like the spread of omicron is going to hamper that.
Paul Ratje/AFP via Getty Images
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After 18 months on lists of Black-owned businesses, her clothing company is "leveling out"

by Andie Corban
Dec 23, 2021
Aliya Wanek's clothing line is still more popular than it was in 2019, so she reduced her hours at her day job.
Aliya Wanek now works part-time as a speech therapist to devote more time to her clothing business.
Photo courtesy Aliya Wanek
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Inflation is hiding within retail sales spikes

by Mitchell Hartman
Nov 16, 2021
While prices are rising for consumers, that's not discouraging them from making purchases.
A woman shops at a Miami Target in September. While retail sales were up 16.3% year over year in October, inflation is eating up a lot of that increase.
Joe Raedle via Getty Images
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Not everyone is planning to spend money on gifts this holiday season

by Caroline Champlin
Nov 16, 2021
A Deloitte seasonal survey finds the percentage of people who say they are not planning to buy gifts or pay for holiday experiences is at a 10-year high.
Holiday shoppers in New York City. Many lower-income households are skipping out on holiday spending altogether, according to a Deloitte survey.
Scott Heins/Getty Images
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With shipping costs sky-high, is importing products even worth it?

by Justin Ho
Nov 8, 2021
For some businesses, the answer is no, but it depends on the value of the product in question.
With costly manufacturing and delayed shipping timelines, the value of certain products is shifting in the eyes of retailers. Above, people watch a container ship at the Port of Los Angeles.
Mario Tama via Getty Images
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