Members of Generation Z influence a significant amount of household purchases and enjoy spending their own money, according to the latest issue of the Consumer View report released by the National Retail Federation.
With the back-to-school/back-to-college shopping season in full swing across many parts of the country, the challenge of finding the right products for those heading back to class is again facing students and their families.
Retailers with brick-and-mortar and e-commerce operations continue to benefit from having both, according to a recent study from the International Council of Shopping Centers (ICSC).
According to consulting firm Deloitte, 2019 back-to-school spending should come in flat to slightly higher versus last year, likely up about 1.8%, with gains largely occurring online.
Consumers are embracing the use of retail technology to improve their shopping experience, according to the latest consumer view survey released by the National Retail Federation.
Mixed-use properties that include retail stores, entertainment venues and residential housing continue to gain favor with consumers, according to a recent survey by the International Council of Shopping Centers (ICSC).
Consumers are prepared to reward manufacturers, retailers and others offering products that benefit the environment as long as that doesn’t mean higher prices, according to market research firm A.T. Kearney.
Despite issues including the U.S./China trade war, a volatile stock market and the effects of the government shutdown, the NRF is forecasting sales to increase between 3.8% and 4.4%.
China is the world’s largest country in terms of population, and this year could become the planet’s top retail market, displacing the United States.
American adults will spend an average of $81.30 for items related to watching Super Bowl LIII set for February 3 in Atlanta, according to results of a survey from the National Retail Federation.
According to eMarketer, Millennials are more social when it comes to media than they are in person, at least when it comes to shopping.
Euromonitor International has released its list of Top 10 Global Consumer Trends for 2019 that touches on a host of hot topics including digital trends and environmental issues that are expected to impact how people shop for products in the year ahead.
ShopperTrak store traffic data for the Sunday before Thanksgiving Day, November 18 through Saturday, December 29, 2018, came in with slightly lower overall totals versus the period in the year earlier, but late season shoppers helped ensure that brick-and-mortar retailers saw a relatively successful holiday sales period before the calendar flipped to 2019.