spending

Retail
CTA: Tech To Boost Holiday Spending Growth

New technology including smart home devices and wearables will help drive consumer electronics sales up by about 3.1% to $36.05 billion this holiday season, according to a projection from the Consumer Technology Association.

Retail
NPD: Consumer Holiday Spending To Grow 3%

The latest survey on consumer holiday spending intentions was again good news for retailers, as The NPD Group’s 2016 “Holiday Purchase Intentions Survey” found that shoppers would spend 3% more this year than 2015.

Retail
RetailNext: Election Not A Huge Holiday Deal

The presidential election shouldn’t have a major impact on holiday shopping, according to a survey by RetailNext, although a significant proportion of consumers contend they will spend less depending on which candidate becomes president.

Retail
eMarketer: Digital Sales Surge To Boost Holidays

Retailers in the United States should gear up for the holidays not only with merchandise and additional employees but also with more supply and fulfillment center resources as, according to eMarketer, digital sales will jump 17.2% in November and December.

Retail
LIRA: Home Improvement Activity Picking Up

Over the coming year, homeowner remodeling activity is projected to accelerate, keeping the rate of growth above its long-term trend, according to the Leading Indicator of Remodeling Activity (LIRA) recently released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
A.T. Kearney: Back-To-School Sales Could Improve

After conducting a study of adults planning to shop for back-to-school merchandise, A.T. Kearney, a strategy and consulting firm, said that almost 80% of consumers plan to spend the same or more on back-to-school shopping this season versus the 2015 period, despite a 3.4% drop in consumer confidence from this time a year ago.