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    Tillerman Retail Roundup | News

  • August 2023

    August 2023

    August opened with a little good news for stores with a nice year over year increase in foot traffic thanks to some positive back to school traffic. Too soon to say whether this is a sign of better than expected performance, but at least it’s a bright spot! A report on July Retail Sales...
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  • July 2023

    July 2023

    Kicking off July with a bang, retailers offered heavy markdowns to help clear their inventories over the Fourth of July weekend. Despite some concerns about the potential impact of the resumption of student loan payments in the latter half of 2023, the increased promotions were designed to make room for new back-to-school merchandise amid growing optimism for brighter days ahead.
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  • June 2023

    June 2023

    Summer is in the air and AI is causing a major buzz! WWD recently published an in-depth piece about the explosion of AI-driven technology in retail. It's mind-blowing to think about how AI is set to revolutionize the way we do business in the coming years..
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  • May 2023

    May 2023

    The recap of May begins with earnings reports from Wal-Mart, Target & Home Depot. Wal-mart reported increases while Target and Home Depot showed decreases. Diving into the results reveals that discretionary categories are trending softer which helps to explain the Target and Home Depot numbers...
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  • April 2023

    April 2023

    We'll kick off April with a piece about Tillerman Insight, our new interactive dashboard tool that is getting a great reaction and already delivering benefits across a number of our clients. Also in April, NRF predicted a total retail increase of 4-6% for 2023. While the expectation is for unemployment to increase, the consumer's resilience, so far, is shining through.
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  • March 2023

    March 2023

    Some good news to kick off our March 2023 round-up as PVH delivered stronger than expected results for the 4th quarter. The market response was very positive as the company continues to execute the PVH+ strategy..
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  • February 2023

    February 2023

    A key factor coming out of a disappointing 2022 was how things would get started in January 2023. WSJ reported that we've started off on the right foot-hopefully this is a sign that we can clear out the excess 2022 inventory and look forward to a reset for 2023.
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  • January 2023

    January 2023

    The first month of 2023 began with a reflection on Holiday 2022 and some predictions for what may lie ahead for the coming year. Nordstrom announced a softer than expected 2022 performance, and WWD reported a mixed bag of results. ...
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  • December 2022

    December 2022

    December started the 2022 Holiday shopping season with a mixed bag of results. Retail Dive reported that, according to the NRF, 196.7M people shopped over the Thanksgiving Holiday which was a record high
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  • November 2022

    November 2022

    With the November weather finally turning cold, all eyes were on Black Friday to close out the month. According to the Wall Street Journal, early signs were pointing to a more muted shopping day than last year. But surprisingly they found that people spent $5.3 billion online on Thanksgiving Day, up 2.9%...
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  • October 2022

    October 2022

    Holiday is on the mind of retailers everywhere heading into November, Black Friday and beyond, as the looming recession, increasing interest rates and election will likely have a big impact on retail performance as we wrap up 2022. CNBC reports that shoppers will see more deals and discounts this holiday season than the last two years, and low inventory is not as big an issue.
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  • September 2022

    September 2022

    School is well underway across the country and Halloween is already in the air. Things continue to be busy in the retail industry. Amazon announced it will be holding a second Prime Day on October 11-12 to get a big jump start on the holiday season...
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  • August 2022

    August 2022

    The end of summer 2022 brought a mixed bag of news. With gas prices falling, consumers took those savings to spend in retail. However, inflation continues to be a concern. Here are some of the other stories we've been paying attention to this month...
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  • July 2022

    July 2022

    It's the dog days of summer and with it comes a mixed bag of retail news from July. Looking ahead, retailers are focused on back to school and getting a jump start on the holiday season. In June, retail sales were...
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  • June 2022

    June 2022

    June brought the end of school and the start of vacation, along with some real fears about growing inflation, the bear stock market and trouble in the job market. While some industries are still desperate to fill open employment, the tech industry is seeing early signs of trouble...
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  • May 2022

    May 2022

    We are about halfway through the calendar year that has seen some highs and lows in the retail world. Many retailers reported earnings this past month. Target and Walmart posted profit declines for the quarter, spooking analysts and sending stocks into a tizzy...
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  • April 2022

    April 2022

    There were more ups and downs in the retail world this April. With Shanghai still in a lockdown due to China's zero-Covid policy..
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  • March 2022

    March 2022

    As we rounded out the last month of Q1, now two full years since the start of COVID, March 2022 brought some much needed bright spots in retail..
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  • February 2022

    February 2022

    We ended February with more uncertainty in the retail world as inflation and supply chain issues remain a cause of concern...
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  • January 2022

    January 2022

    The Commerce Department reported that retail sales fell in December 1.9 percent from November, but overall total sales..
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