Consumer Trends: Page 14
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US online retail sales to reach $1.2 trillion this year: report
E-commerce is “maturing” and returning to “pre-pandemic normalcy” as it continues to capture market share, according to FTI Consulting.
By Tatiana Walk-Morris • July 17, 2024 -
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Back-to-school spending expected to drop from last year: report
Spending per child is projected to be $586, with overall market spend reaching $31.3 billion, according to a recent survey from Deloitte.
By Howard Ruben • July 16, 2024 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
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NRF: 85% of back-to-school buyers plan to shop Prime Day
Sales are expected to be down from last year’s record highs, but shoppers are once again starting early and prioritizing this month’s discounts.
By Tatiana Walk-Morris • July 15, 2024 -
Courtesy of Von Dutch
ColumnThe Weekly Closeout: Von Dutch is acquired and Bath & Body Works partners with Crocs
The fashion company was sold to WSG Brands, while the shoe collab is all decked out in gingham.
By Retail Dive Staff • July 12, 2024 -
Joe Raedle via Getty Images
One-third of consumers cut spending in Q2: report
Inflation concerns continue to weigh on shoppers, with 84% saying it has affected how they spend their money, according to a report from Jungle Scout.
By Howard Ruben • July 12, 2024 -
Catherine Douglas Moran/Retail Dive
Private brands hit record highs in unit and dollar share in first half of 2024
Store brands’ year-over-year growth for both measurements outperformed that of national brands, according to Circana data shared by PLMA.
By Catherine Douglas Moran • July 11, 2024 -
Courtesy of being
New inclusive hair care brand Being launches at Walmart
Monday Haircare and Osāna Naturals founder Jaimee Lupton debuted her latest brand at the retailer in-stores and online.
By Xanayra Marin-Lopez • July 11, 2024 -
Cara Salpini/Retail Dive
Customers want rewards and exclusive perks from loyalty programs, survey finds
Shoppers want the ability to earn rewards points towards discounts, bonuses or exclusive merchandise, according to Snappy.
By Kristen Doerer • July 9, 2024 -
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Parents to spend nearly 22% more on back-to-school shopping this year: report
Walmart, Target and Amazon continue to dominate the top list of places consumers want to shop during the season, a JLL survey found.
By Tatiana Walk-Morris • July 2, 2024 -
Courtesy of Poppi
Poppi lawsuit turns attention and scrutiny to the prebiotic beverage industry
The category's explosive growth with little regulation has led to questions over what makes a product "gut healthy."
By Alexandra Frost • July 2, 2024 -
Courtesy of Sam's Club
Gen Z, millennials drive membership growth at Sam’s Club
Walmart CFO John David Rainey said the digital experience at the club retailer resonates with that cohort.
By Kaarin Moore • July 1, 2024 -
Justin Sullivan via Getty Images
Consumers splurge on cosmetics online despite inflation: report
While shoppers are trading down in categories like electronics and apparel, they’re continuing to buy luxury goods like fragrances and lipsticks, Adobe Analytics found.
By Howard Ruben • June 27, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: What’s going on with Amazon Fashion?
The podcast welcomes Fashion Dive to discuss what the e-commerce giant’s approach means for brands and consumers, and what could be different.
By Retail Dive Staff • June 27, 2024 -
DTC EBIT margins ‘meaningfully below’ wholesale, per report
BMO Capital Markets found that brands that grew DTC did not see a notable increase in revenue, merchandise margins, EBIT margins or EBIT dollars.
By Howard Ruben • June 24, 2024 -
Permission granted by Stanley
Arc’teryx, Stanley among fastest-growing outdoor brands
A report from Circana found the two brands led the apparel and equipment accessories segments, respectively, with strong year-over-year growth.
By Cara Salpini • June 24, 2024 -
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Online shoppers are shifting habits in the face of inflation
Nearly two-thirds of respondents said they had changed behaviors as a result of higher prices, according to a recent survey.
By Tatiana Walk-Morris • June 21, 2024 -
Courtesy of SpartanNash
Private label momentum shows no signs of slowing
Even if grocery prices fall, shoppers plan to continue purchasing store brands, new research from FMI — The Food Industry Association found.
By Catherine Douglas Moran • June 20, 2024 -
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Consumers were still cautious in May. That might be a good thing.
Weaker spending may be helping the Federal Reserve with this year’s balancing act of cooling inflation and staving off a recession.
By Daphne Howland • June 20, 2024 -
Justin Sullivan via Getty Images
US consumers don’t trust Temu, but still shop there: report
The survey, conducted by Omnisend, found that 17.5% of global respondents think Temu could surpass Amazon as the leading e-commerce platform.
By Laurel Deppen • June 14, 2024 -
Courtesy of Lego
Adults account for more toy sales than preschoolers: report
Nearly half of shoppers over the age of 18 purchased a toy for themselves in the past year, according to a report by Circana.
By Kaarin Moore • June 13, 2024 -
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Nearly 90% of consumers bought or sold used items in the last year: EBay
With sustainability at the forefront of their decision-making, the report finds that Gen Z and millennials are the top purchasers of circular fashion.
By Xanayra Marin-Lopez • June 10, 2024 -
Courtesy of Bath & Body Works
New products boost Bath & Body Works in Q1 as candle sales decline
With steeper competition, the retailer is losing market share, including in one of its signature product lines, according to GlobalData research.
By Daphne Howland • June 4, 2024 -
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Global online retail sales to hit $6.8 trillion by 2028
In the U.S. alone, online sales will reach $1.6 trillion by that period, up from $1 trillion in 2023, according to a recent report from Forrester.
By Howard Ruben • June 4, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
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Debit cards face rising digital wallet competition: report
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
By Patrick Cooley • May 29, 2024
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