As the 2018 holiday shopping season hits the home stretch, Amazon is extending its free shipping promotion while also expanding its Prime one-day shipping program.
The website Offers.com conducted a holiday survey of 1,500 consumers in the U.S. that determined the average shopper will spend $625 on seasonal gifts this year.
So, just what does tick off consumers shopping for the holidays?
The Thanksgiving weekend period was busy, particularly cold in some places, and productive from a retail perspective, market research firms analyzing sales data and at least one key retailer already have reported.
If you haven’t gone shopping recently, do so. Shopping at a store, that is. Several retailers are investing in their stores and rolling out major remodel programs.
Analysis from Checkout, an NPD Group receipt mining service, demonstrates that the average amount spent online per buyer on Thanksgiving Day and Black Friday 2017 exceeded what was spent at brick-and-mortar stores on the same days by more than 20%, the market research firm stated.
An estimated 164 million people are planning to shop Thanksgiving Day through Cyber Monday, according to a survey from the National Retail Federation and Prosper Insights & Analytics.
With the holidays approaching, consumers have not slowed their spending in October as retail sales for the month were up 5.6% year-over-year, according to the National Retail Federation.
As consumers hit the stores and e-commerce outlets during the upcoming holiday season, one in three shoppers is expected to purchase products for the home, according to The NPD Group’s 2018 Holiday Purchase Intentions survey.
Consumers said they will spend an average of $1,007.24 during the holiday season this year, up 4.1% from the $967.13 they said they would spend last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
Macy’s and Marxent have partnered on what the two companies said is the largest virtual reality rollout in retail history, with approximately 70 Macy’s VR installations in stores nationwide.
Year-over-year retail sales in September were up 3% as general merchandise stores and electronics and appliance stores reported strong gains in the year’s ninth month, according to the National Retail Federation.
The furniture shopping experience as available to consumers today is changing radically, and Wayfair.com is contributing to that dynamic in a number of ways including, recently, the launch of an interior design service that makes professional help accessible to just about any consumer.
The National Retail Federation said that it expects holiday retail sales in November and December, excluding automobiles, gasoline and restaurants, to increase between 4.3% and 4.8% over 2017 for a total of $717.45 billion to $720.89 billion.
According to Blis, a purveyor of location data technology, consumer gift buying will follow typical lines for the most part this holiday season. But for the 18.7% of shoppers who plan to spend more money this year at the holidays, 64.5% are inclined to spend anywhere from 10% to 40% more than expected if a physical retail location is holding a sale.
Good Housekeeping magazine is teaming with the Mall of America and Amazon on its GH Lab pop-up retail store that will be open for a three month period beginning in early October.
With this year’s independence holiday falling mid-week, according to the National Retail Federation and research partner Prosper Insight & Analytics, consumers in the U.S. plan to spend $6.9 billion on food for Fourth of July cookouts and picnics.
Year-over-year retail sales in April increased 2.8% as online/non-store retailers and furniture and home furnishings stores reported the largest increases in the month.
As members of the Millennial generation age and hit major life milestones, how they shop for products continues to differ from their parents, a new survey from the National Retail Federation shows.
Spending on gifts for Mother’s Day is expected to reach a near-record total of $23.1 billion, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics.