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NRF 2022: 4 Big Session Themes from Retail’s Big Show

ToolsGroup

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Here’s a look at four mega- themes from NRF 2022 sessions.

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Black Friday 2022

Enterra Insights

Business reporter Jordyn Holman ( @JordynJournals ) explains, “In 2020, it was pandemic closures and social distancing. They conclude, “This means that, even as the internet and smartphones have revolutionized the way we shop, the seasonal timing of our purchases hasn’t changed much.” Now, the problem is demand.

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Trends 2022: Retail

Enterra Insights

Justin Swanson ( @ejsnyt ) reports, “Retail sales in the United States jumped nearly 11 percent this season compared with the holiday period in 2019, the year before the pandemic upended the global economy.”[1] Digital Path to Purchase taken more often. Swanson reports, “Online sales made up 20.9 Journalist E.

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. reported for June, and 2.59

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The Cost of Supply Chain Sustainability Legislation?

QAD

The first World Sustainable Procurement Day was held this year on March 21. With the increasing focus on sustainability, I guess we should not be surprised that sustainable procurement now has its own day on the calendar. It’s often been reported that consumers have been the primary factor in pushing for change in this area.

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Grocery Prices: How High Will They Go?

Enterra Insights

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] compared to a year ago, and inflation in these categories is rising at a higher rate than previously reported by officials.” ” Rising prices are changing consumer behavior. ”[4].

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Not So Happy Returns This Post-Holiday Season

Enterra Insights

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].