Published on CNBC, May 6, 2020 by Author Lauren ThomasCredit: Lea Suzuki | San Francisco Chronicle | Getty ImagesGap Inc. is preparing to reopen 800 of its apparel shops by the end of May, as states such as Texas and South Carolina slowly begin to lift lockdown restrictions that were put into place due to the coronavirus pandemic. The San Francisco-headquartered company, which owns Banana … Read More
Majority of consumers to shop in-store during the holidays
Published in RetailDive, October 15, 2019 by Author Tatiana Walk-MorrisCredit: Photo by Ron Dauphin on UnsplashDive Brief: The International Council of Shopping Centers predicts in a recent report that holiday spending will increase 4.9% over last year, totaling $832.3 billion. Overall, shoppers anticipate spending an average of $683, $496 of which will go toward gifts and $187 on other holiday-related purchases, per the … Read More