The figure is below last year’s record-setting sales
More beauty and cosmetic companies have joined the delivery platform as it continues to expand beyond food services
While generative AI tools are becoming more common in retail, executives still have concerns related to bias and data security
Beauty and cosmetics retailers are falling short of customer expectations
Brand loyalty does not always mean there is a “fandom”
Online sales gained the most traction, with sporting goods and hobby categories not far behind
Increasing rent prices also a concern for brick-and-mortar retailers
Food and beverage private brands gained traction in 2023, while nonedible brands saw a steady increase
Luxury consumers' optimism about the economy is not increasing sales on luxury goods
The new study found a big disconnect between how retail CEOs and management teams think of Artificial Intelligence