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News and thoughts from our staff

Filtered by Category: retail

 
Retailers projected to grow in 2025

Retailers projected to grow in 2025

By Brittney Sherman

Location analytics company Placer.ai published their list of top 10 retailers to watch in 2025, identifying brands that their data collection and analysis platform predicts will be growth accelerators. In the grocery industry Sprouts is the front runner, while the Big Box category features Sam’s Club and H Mart. Mediterranean-based Cava and chicken sensation Raising Cane’s topped the quick service restaurant category and Life Time won the health & wellness award. As it relates to retail, Ashley Furniture, Nordstrom, Barnes & Noble, and Bluemercury were all frontrunners. The brands mentioned above have continued to evolve and respond to the ever-changing consumer market keeping, them relevant and primed for growth in 2025.

Read the full Placer.ai white paper HERE.

 
Where culture, community, and hospitality thrive

Where culture, community, and hospitality thrive

By Brittney Sherman

When Dan McCranie decided to build an art gallery in Downtown Morgan Hill, he made clear he wanted none of the white walls and sharp lines found in traditional galleries. Instead, he mixed materials, shapes, colors and used mass-timber to design a building that in itself is a piece of art. Cura Contemporary Art Gallery exhibits both emerging and mid-career artists from the Bay Area and beyond in an open and engaging environment. Representing a large variety of styles and mediums, the featured artwork gives a fresh perspective and often has a deep connection to process and materiality. In addition to thoughtfully curated exhibitions, the gallery will host artist workshops, unique culinary experiences, and special events. It is truly a space where culture, community, and hospitality are blended and celebrated.

Read the full article on Architectural Record HERE!

 
A rose is just a rose; except on Valentine's Day!

A rose is just a rose; except on Valentine's Day!

By Brittney Sherman

Consumers are expected to spend an average of $188 each on Valentine’s Day purchases this year, according to a survey published by the National Retail Federation and Prosper Insights & Analytics. Top gifts include candy, flowers, cards, an evening out, and jewelry, which are all expected to result in $25.7B in sales.

FUN FACT: According to the Society of American Florists, 83% of flowers purchased for Valentine’s Day in 2022 were roses; 2/3 of which were red. Approximately 1B roses will be imported into the United States, mostly from South America, to support the high demand for Valentine’s Day.

Read the full National Retail Federation article HERE!

 
Back-to-back growth for retail sales

Back-to-back growth for retail sales

By Brittney Sherman

According to the National Retail Federation (NRF), year-over-year retail sales grew 1.69% in July and 1.93% in August. When restaurants are added into those core retail sales results, the year-over-year increase for August jumps to 2.11%. Five out of nine retail categories experienced growth in the month of August, driven mainly by clothes/accessories, garden/building, and sports/hobby purchases. Retailers are hoping this increase in consumer spending continues into the holiday months.

Read the full report HERE.

 
Port strike warnings for the East and Gulf Coast

Port strike warnings for the East and Gulf Coast

By Brittney Sherman

The existing contract between maritime employes, represented by the United States Maritime Alliance (USMX), and the International Longshoremen’s Association (ILA) will expire on September 30, 2024. Negotiations are currently at a standstill, mainly attributed to the implementation of gate automation and a lack of recognition for longshoremen’s contributions during the pandemic. With the potential of a supply chain disruption growing stronger every day, retailers are placing bulk orders earlier than usual to sidetrack any delivery delays during the holiday season.

Read the full article in the Maritime Executive HERE.

 
10 Bills passed to combat retail theft

10 Bills passed to combat retail theft

By Brittney Sherman

In an effort to reduce the plague of retail theft on California businesses, Governor Gavin Newsom recently signed 10 bills into law. One of the bills allows prosecutors to add up retail crimes across several areas to achieve a felony grand theft charge, and another removes loopholes to allow for the prosecution of organized retail criminals who assault employees and cause store damage.

Read the full overview in the Morgan Hill Times HERE.

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