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US Office Supplies Sales Revenue Declined 2% in 2022, reports NPD

Retrieved on: 
Tuesday, February 28, 2023

PORT WASHINGTON, N.Y., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Following year over year sales revenue and unit sales gains in 2021, the U.S. office supplies industry faced increasing economic headwinds, including double-digit average sales price (ASP) increases across a number of categories. In 2022, U.S. office supplies industry sales (excluding janitorial and breakroom sales) fell 2% year over year but remained 12% ahead of 2019, according to The NPD Group. Unit sales were down 10% year over year and 12% when compared to 2019 sales.

Key Points: 
  • PORT WASHINGTON, N.Y., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Following year over year sales revenue and unit sales gains in 2021, the U.S. office supplies industry faced increasing economic headwinds, including double-digit average sales price (ASP) increases across a number of categories.
  • In 2022, U.S. office supplies industry sales (excluding janitorial and breakroom sales) fell 2% year over year but remained 12% ahead of 2019, according to The NPD Group .
  • Unit sales were down 10% year over year and 12% when compared to 2019 sales.
  • Sales revenue during the 2022 back-to-school season (July through September) remained flat, compared to 2021, while sales in 2021 were 13% higher than 2020.

Highly Anticipated Pool Residences at Sunflower Beach Resort in Port Aransas Now Open

Retrieved on: 
Monday, February 27, 2023

PORT ARANSAS, Texas, Feb. 27, 2023 /PRNewswire/ -- Building One of the highly anticipated Pool Residences at Sunflower Beach Resort & Residences in Port Aransas is now open and welcoming guests who wish to enjoy an upscale beach vacation experience on the Texas Gulf Coast.

Key Points: 
  • PORT ARANSAS, Texas, Feb. 27, 2023 /PRNewswire/ -- Building One of the highly anticipated Pool Residences at Sunflower Beach Resort & Residences in Port Aransas is now open and welcoming guests who wish to enjoy an upscale beach vacation experience on the Texas Gulf Coast.
  • The Pool Residences at Sunflower Beach Resort make extensive use of glass and windows to maximize the gorgeous views.
  • Architect Jay Corder of Austin, Texas, who attended high school in Port Aransas designed the one-, two- and three-bedroom Pool Residences at Sunflower Beach Resort using a more modern, clean design than is typically found on Mustang Island.
  • The developer for the Pool Residences at Sunflower Beach Resort & Residences is taking sales reservations for phases two and three.

January Retail Spending Down 3% Despite Rising Promotions, Reports NPD

Retrieved on: 
Wednesday, February 15, 2023

PORT WASHINGTON, N.Y., Feb. 15, 2023 /PRNewswire-PRWeb/ -- Discretionary U.S. general merchandise retail sales revenue in January 2023 was 3% lower than it was in January 2022, and unit sales were down 5%. Overall, the general merchandise average selling price exhibited some leveling in January, increasing just 2% compared to 2022. However, higher prices on consumer packaged goods (CPG), particularly food and beverage, still dragged down the consumer's spending power, according to The NPD Group, which recently merged with Information Resources, Inc. (IRI).

Key Points: 
  • Overall, the general merchandise average selling price exhibited some leveling in January, increasing just 2% compared to 2022.
  • However, higher prices on consumer packaged goods (CPG), particularly food and beverage, still dragged down the consumer's spending power, according to The NPD Group , which recently merged with Information Resources, Inc. (IRI).
  • "Rising prices have been a persistent component of the recent evolution of retail trends, and 2023 is starting off with more of the same," said Marshal Cohen , chief retail industry advisor for NPD.
  • "Without new product to inspire purchasing, and a more complete understanding of consumer spending patterns, general merchandise sales will continue to be negatively affected by the consumer's response to elevated prices."

Crowley Takes Key Step Toward Becoming One of Port Fourchon's Newest Tenants

Retrieved on: 
Wednesday, February 8, 2023

PORT FOURCHON, La., Feb. 8, 2023 /PRNewswire-PRWeb/ -- Crowley has reached a Right of First Refusal agreement to potentially lease and develop an offshore wind terminal during Wednesday's Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off, Louisiana.

Key Points: 
  • PORT FOURCHON, La., Feb. 8, 2023 /PRNewswire-PRWeb/ -- Crowley has reached a Right of First Refusal agreement to potentially lease and develop an offshore wind terminal during Wednesday's Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off, Louisiana.
  • Located on Slip C, adjacent to Flotation Canal, the site is primed to help service the burgeoning offshore wind marketplace in the Gulf of Mexico.
  • "We are thrilled to take the next step to welcome Crowley to Port Fourchon and our amazing slate of tenants and users," GLPC Executive Director Chett Chiasson said.
  • "The port is strategically located to serve as a hub for the supply chain and transportation required to create clean, renewable wind energy.

US B2B Technology Reseller Sales Grew 10% in 2022, Reports NPD

Retrieved on: 
Wednesday, February 8, 2023

PORT WASHINGTON, N.Y., Feb. 8, 2023 /PRNewswire-PRWeb/ -- According to The NPD Group, sales revenue growth continued in the U.S. B2B technology reseller channel in 2022, rising 10%, year over year, following 12% growth in 2021. As a comparison, consumer technology sales in the retail channel declined 8% in 2022, after 9% growth in 2021. While both hardware and software sales experienced strong gains, NPD's Reseller Tracking Service data, which tracks sales from the top national solution providers and B2B e-commerce sites, reveals software revenue growth doubled that of hardware, up 14% and 7%, respectively.

Key Points: 
  • PORT WASHINGTON, N.Y., Feb. 8, 2023 /PRNewswire-PRWeb/ -- According to The NPD Group, sales revenue growth continued in the U.S. B2B technology reseller channel in 2022, rising 10%, year over year, following 12% growth in 2021.
  • As a comparison, consumer technology sales in the retail channel declined 8% in 2022 , after 9% growth in 2021.
  • While both hardware and software sales experienced strong gains, NPD's Reseller Tracking Service data, which tracks sales from the top national solution providers and B2B e-commerce sites, reveals software revenue growth doubled that of hardware, up 14% and 7%, respectively.
  • In 2022, hardware sales made up 63% of channel revenue, down from 65% the previous year, as software and cloud services gained share.

KISS Colors & Care is Excited to Announce Rap Sensation JT from CITY GIRLS as their NEW BRAND PARTNER and the introduction of its latest styling collection.

Retrieved on: 
Wednesday, February 8, 2023

I love having options that cater to my texture and creativity, so being the face of KISS Colors and Care was the perfect collaboration.

Key Points: 
  • I love having options that cater to my texture and creativity, so being the face of KISS Colors and Care was the perfect collaboration.
  • As the KISS Colors and Care brand partner, JT will champion our products through her unique content creation for editorials, press, and events.
  • Because KISS Colors and Care celebrates creativity and style versatility, we could not think of a more iconic brand partner to represent the brand and its philosophy.
  • SRP $8.49
    With KISS Colors & Care, everyone can express themselves and showcase their different sides, styles, and attitudes.

Three NexCore Group developments named 2022 HREI Insights Award™ Finalists

Retrieved on: 
Friday, February 3, 2023

DENVER; HOUSTON; PORT ORANGE, Fla., Feb. 2, 2023 /PRNewswire-PRWeb/ -- Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real estate investment and development company that focuses on purpose-built care facilities for healthcare, seniors housing, and science and technology, have been honored as Finalists in the Healthcare Real Estate Insights (HREI) magazine's annual awards program. Headquartered in Denver, NexCore developed the projects in Houston, Port Orange, and Livonia, a suburb of Detroit.

Key Points: 
  • Headquartered in Denver, NexCore developed the projects in Houston, Port Orange, and Livonia, a suburb of Detroit.
  • Jarrod Daddis, President of NexCore, remarked, "NexCore is pleased to once again be acknowledged by HREI with three finalists this year.
  • The 2022 NexCore Group HREI Insights Awards Finalists are:
    As a Finalist in the "Best New Development, MOBs and Other Outpatient Facilities, More than 100,000 square feet" Category, Doctors' Pavilion is a four-story, 112,505 square foot Medical Office Building (MOB) in the Houston suburb of North Cypress, Texas.
  • NexCore is headquartered in Denver, with regional offices in Bethesda, Charlotte, Dallas, Detroit, Houston, Indianapolis, Los Angeles, Orlando, Phoenix, and Seattle.

U.S. Prestige Beauty Shines in 2022 as Sales Revenues Grow by 15%, Says NPD

Retrieved on: 
Monday, January 30, 2023

PORT WASHINGTON, N.Y., Jan. 30, 2023 /PRNewswire-PRWeb/ -- U.S. prestige beauty industry sales revenue grew 15%, year over year, to reach $27.1 billion in 2022, according to The NPD Group. All prestige beauty categories grew by double digits with makeup rising 18%, skincare growing 12%, fragrance increasing 11%, and hair products up 22%.

Key Points: 
  • PORT WASHINGTON, N.Y., Jan. 30, 2023 /PRNewswire-PRWeb/ -- U.S. prestige beauty industry sales revenue grew 15%, year over year, to reach $27.1 billion in 2022, according to The NPD Group .
  • All prestige beauty categories grew by double digits with makeup rising 18%, skincare growing 12%, fragrance increasing 11%, and hair products up 22%.
  • Prestige beauty was the fastest-growing industry segment, across more than $4 trillion in U.S. general merchandise consumer spending tracked by NPD and IRI.
  • "In more ways than one, the prestige beauty industry had an epic year," said Larissa Jensen , beauty industry advisor at NPD.

Dr. Kushal Bhakta Appointed to LactaLogics Clinical Scientific Advisory Board

Retrieved on: 
Tuesday, January 24, 2023

PORT ST. LUCIE, Fla., Jan. 24, 2023 /PRNewswire-PRWeb/ -- Dr. Kushal Bhakta, a leading neonatologist, has been appointed to the Clinical and Scientific Advisory Board (CSAB) of LactaLogics, a company focused on human milk-based nutrition for at-risk infants.

Key Points: 
  • PORT ST. LUCIE, Fla., Jan. 24, 2023 /PRNewswire-PRWeb/ -- Dr. Kushal Bhakta, a leading neonatologist, has been appointed to the Clinical and Scientific Advisory Board (CSAB) of LactaLogics, a company focused on human milk-based nutrition for at-risk infants.
  • A passionate physician educator, he is an Associate Clinical Professor at the UC Irvine School of Medicine.
  • "We are thrilled to welcome Dr. Bhakta to LactaLogics.
  • He received his Executive MBA from University of Southern California Marshall School of Business and is board certified in pediatrics and neonatal-perinatal medicine.

Traction Complete secures growth financing after recent spin-out from Salesforce-acquired consulting firm Traction on Demand

Retrieved on: 
Tuesday, January 24, 2023

Following the spin-out from Salesforce-acquired Traction on Demand, the company has secured $5 million in growth financing led by Vancouver's Pender Ventures and San-Francisco-based Thomvest Ventures.

Key Points: 
  • Following the spin-out from Salesforce-acquired Traction on Demand, the company has secured $5 million in growth financing led by Vancouver's Pender Ventures and San-Francisco-based Thomvest Ventures.
  • "Our revenue operations solutions are engineered from over a decade of consulting experience, understanding the complex data challenges of Salesforce users," explains David Nelson, CEO of Traction Complete.
  • Complete Hierarchies is the first automated account hierarchies solution for Salesforce, built to make sales territory planning more efficient and effective.
  • "Traction Complete is automating manual data entry and tracking to provide superior organizational insights for sales professionals in order to drive better processes and revenue growth.