More than half of consumers began shopping for the holiday by the first week of November and almost a quarter of purchases were made by then, according to an annual survey published by the National Retail Federation and Prosper Insights & Analytics.
Weeks before the Thanksgiving holiday and what traditionally was the start of the holiday shopping season, consumers have been out buying gifts. But for many, the annual trek to their favorite store or local mall has not yet begun.
The consumer spend will gain but experiences continue to weigh against product purchasing as the holiday season approaches, according to Deloitte’s annual Holiday Survey. Two-thirds of respondents stated that they plan to spend on travel or socializing outside their homes as part of their year-end festivities.
With the holiday shopping season on the horizon, Target is building on several current programs officials with the retailer said will make finding the right gift for family and friends easier.
Consumers are expected to spend more this holiday season, according to data from The NPD Group, but how shoppers allocate their dollars could present new challenges for retailers.
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.