3 min read
Megan Honan: Feb 10, 2023
It is no secret that department stores have struggled over the last decade. The rise of ecommerce and evolving consumer demands put pressure on the traditional department store model, leading to bankruptcies and closures.
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4 min read
Megan Honan: Feb 8, 2023
We’re in the middle of engagement season, and wedding bells are ringing. Despite a record-breaking 2022, more couples are expected to get engaged in...
2 min read
Megan Honan: Feb 1, 2023
For the home furnishings industry, the last three years have brought unprecedented change. The acceleration of ecommerce, a volatile housing market,...
4 min read
Megan Honan: Jan 26, 2023
Despite the acceleration of ecommerce, physical stores continue to be an essential channel for retailers in 2023. Today, 85% of all retail sales...
3 min read
Megan Honan: Jan 18, 2023
Over the last three years, retailers have battled economic uncertainty. Record-high inflation, global conflicts and the impact of the pandemic have...
3 min read
Megan Honan: Jan 3, 2023
For retailers, 2022 has been a tumultuous year. Record high inflation, continued supply chain issues and the war in Ukraine have contributed to an...
3 min read
Megan Honan: Dec 22, 2022
Despite fears of a recession, finding and retaining retail workers remains challenging. In 2022, 74% of retailers faced shortages in customer-facing...
4 min read
Megan Honan: Dec 1, 2022
The home furniture industry is thriving. This past April, industry sales hit a 20-year high. From April 2021 to April 2022, U.S. consumers spent over...
4 min read
Megan Honan: Nov 25, 2022
This year's hottest beauty trend is not TikTok's famous “sunburn blush” or “laminated brows.” Instead, brands are betting big on beauty tech.
4 min read
Megan Honan: Nov 18, 2022
Today, physical retail is a powerful channel for building relationships with customers. But with more and more customers shopping online, retailers...
