by admin | Jun 29, 2023 | Brick & Mortar, Consumer Behavior, Merchandising, News, Predictions, Retail Economy, Retail Strategy
Children run to catch a school bus. Inflation continues to eat into parents’ budgets, with many planning to spend more for the same amount of items. FatCamera via Getty Images Dive Brief: With ongoing inflation woes, parents plan to spend 15.7% more this...
by admin | Jun 14, 2023 | Brick & Mortar, Debate, Holiday, Opinion, Predictions
Americans are projected to spend a record $22.9 billion to celebrate Father’s Day this year, following a slightly down year in 2022, according to research from the National Retail Federation and Prosper Insights & Analytics. Father’s Day revenues last year...
by admin | Apr 10, 2023 | News, Predictions, Resources, Retail Strategy, Retail Technologies
As the vernal equinox flips the calendar to Spring, festivals and innovation summits have emerged from hibernation. At the South by Southwest festival in Austin Texas, retail was downgraded from previous headliner presentations to a minor topic, but it did reinforce...
by admin | Mar 28, 2023 | Consumer Behavior, Customer Loyalty, Data Driven Performance, E-Commerce, News, Predictions, Retail Economy, Retail Strategy, Retail Technologies
Credit: Getty Images by primeimages Over the last year, unprecedented inflation has caused dramatic shifts in consumer purchase behavior. According to Gartner research, 45 percent of consumers were extremely concerned about price increases heading into 2023....
by admin | Mar 19, 2023 | Brick & Mortar, Customer Experience, Debate, Predictions, Retail Economy
Photo: Dick’s Sporting Goods Sporting goods is increasingly solidifying its position among the “pandemic winners,” with sales for the three major publicly held chains, Dick’s Sporting Goods, Academy Sports and Hibbett Sports, remaining well-above pre-pandemic...
by admin | Feb 18, 2023 | Brick & Mortar, News, Predictions, Retail Economy, Statistics
Credit: Getty Images by Oatawa U.S. retail sales increased by 3 percent in January, far exceeding expectations for the month, according to the Commerce Department. This is the largest increase since March 2021. The Commerce Department said Wednesday it...