Consumer Trends: Page 2

  • Adidas CEO Bjørn Gulden speaking in front of a white background with a Yeezy logo on it.
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    REUTERS/Heiko Becker

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    Deep Dive

    Yeezy was only part of Adidas’ problems. The retailer has been falling further behind Nike for years.

    Since 2013, Adidas’ net sales have grown by less than $5 billion as it struggles to keep pace with the broader market. Could a new CEO and a clean slate reverse those trends?

    By • July 24, 2023
  • A storefront of a Pac1980 location.
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    Courtesy of Pacsun
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    Column

    The Weekly Closeout: Pacsun opens dedicated activewear store, FTC proposes new guidelines for mergers

    The Pac1980 store will open at the Mall of America, while the Federal Trade Commission and Justice Department unveiled changes to M&A guidance.

    By Retail Dive Staff • July 21, 2023
  • An online shopper is sitting outside on the street and is ordering something on her mobile phone with a credit card in hand. Explore the Trendline➔
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    RgStudio via Getty Images
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    Trendline

    Retail Dive's DTC outlook for 2023

    A look at DTC trends and predictions for what direct-to-consumer brands can expect in the year ahead.

    By Retail Dive staff
  • This is the silhouette of two college graduates in cap and gown climbing up a set of steps. This shot is backlit with bright morning sunshine in the background.
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    Aaron Hawkins/iStock via Getty Images
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    As student debt relief ends, millions of consumers will have $300 less each month to spend at the holidays: report

    Peloton, HomeGoods and Old Navy, along with most apparel and department stores, will be among the hardest hit, according to Earnest Analytics.

    By • July 21, 2023
  • Two blue bags with groceries on a doorstep.
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    Courtesy of Walmart corporate blog
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    Walmart rolls out half-price Walmart+ memberships for people on government assistance

    The retailer's expansion into servicing financially stressed customers may give it an even larger share of America's grocery market.

    By • July 21, 2023
  • Inside of a Zales showroom.
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    Courtesy of Signet Jewelry
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    Zales, Rocksbox partner on jewelry rental

    The program is available by appointment at select stores and tailored to offer shoppers affordable fine jewelry options for special occasions and weddings.

    By • July 19, 2023
  • Clouds build behind a dormer window that reads "Sur La Table."
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    Daphne Howland/Retail Dive
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    Sur La Table expands national footprint, private label offering

    Three years after surviving a pandemic-era bankruptcy, the culinary experiential retailer is back in growth mode on multiple fronts.

    By • July 18, 2023
  • Actor Randall Park stars in Amazon’s back-to-school campaign and is seen standing, wearing a dark jacket and holding a phone, in front of a school.
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    Courtesy of Amazon
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    Amazon resurfaces ‘spend less’ messaging for back-to-school ads

    Actor Randall Park stars in a comedic spot touting the e-commerce giant’s plethora of deals as parents grapple with tight budgets.

    By Jessica Deyo • July 18, 2023
  • Sign in shopping mall
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    Sam Silverstein/Retail Dive
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    Buy now, pay later app downloads decline

    In the U.S., total BNPL app downloads for the second quarter fell 19% compared to the year-ago period, Bank of America Securities analysts said.

    By Caitlin Mullen • July 18, 2023
  • Consumer Prices Climb Higher Than Expected For January
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    Joe Raedle via Getty Images
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    Column

    The Weekly Closeout: Layoffs at The Children’s Place and inflation dips to lowest levels since March 2021

    The kids retailer said it’s ending the lease on its New Jersey headquarters, and in June the consumer price index rose just 3% year over year. 

    By Retail Dive Staff • July 14, 2023
  • Students sit in desks in a classroom facing a backboard and a teacher who is handing out papers.
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    Daniel de la Hoz via Getty Images
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    Back-to-school spending to hit record highs, NRF says

    Although some consumers plan to spend more on school shopping this year, they’re still looking for deals, the report found.

    By • July 14, 2023
  • A person with a cardboard box marked "Amazon" going up steps outside.
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    Courtesy of Amazon
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    Prime Day helped push US e-commerce more than 6% to $12.7B: Adobe

    Several retailers jumped on Amazon’s summer event, and inflation-weary shoppers took the opportunity to stock up on household essentials.

    By • July 13, 2023
  • A student and teacher work together on a laptop in a classroom.
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    Stock Photo via Getty Images
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    Back-to-school spending to tumble 10%: Deloitte

    Inflation showed signs of easing markedly in June, but it will take consumers time to adjust, and discounts are in focus, according to the researchers.

    By • July 12, 2023
  • Person laying back on a couch with a computer and a credit card shopping.
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    pixdeluxe via Getty Images
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    US e-commerce sales to exceed $1.1 trillion in 2023: report

    FTI Consulting predicts that the rate of online sales growth will slow to 10% or less over the next few years.

    By Tatiana Walk-Morris • July 11, 2023
  • Nine bottles of hand soap are lined up and cast their shadows on the pale pink background.
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    Courtesy of Bath & Body Works
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    Bath & Body Works reformulates hand soaps, offers refills

    The retailer, famous for its candles, has shaken up its assortment and its C-suite since former Unilever executive Gina Boswell became CEO last year.

    By • July 6, 2023
  • Several cars parked in a lot in front of a "BuyBuy Baby" store.
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    "buybuy Baby" by ajay_suresh is licensed under CC BY 2.0
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    BuyBuy Baby gets a bid from one of its vendors

    Dream on Me, which runs a direct-to-consumer business and sells baby gear through the Bed Bath & Beyond-owned retailer, is a stalking horse bidder, according to bankruptcy court documents.

    By • June 30, 2023
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    Kendall Davis/Retail Dive
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    Podcast

    The Backroom: Target’s silent Pride Month

    The team talks about the realities of the backlash, including who is fomenting it and how other retailers’ Pride campaigns stack up.

    By Retail Dive Staff • June 29, 2023
  • A Sephora storefront in Georgetown
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    Cara Salpini/Retail Dive
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    ‘People just love the birthday gift’: How Sephora maintains loyalty by focusing on what shoppers want most

    The beauty retailer has a history of frequent loyalty updates, but that’s what makes the program so successful, loyalty head Emeline Berlind says.

    By • June 28, 2023
  • A multi-ethnic group of elementary age children are getting on a school bus.
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    FatCamera via Getty Images
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    Back-to-school spending to rise 15.7% this year: JLL

    Though back-to-school budgets are higher this year, shoppers continue to search for discounts, a new survey from JLL found.

    By Tatiana Walk-Morris • June 28, 2023
  • A graduation cap sits on rows of money.
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    Rawf8 via Getty Images
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    Changes to student loan policies set to hit retail around the holidays

    Apparel retailers have the most to lose from the end of the pandemic-era payment pause, especially if the Supreme Court strikes down debt forgiveness.

    By • June 26, 2023
  • A seated down Retail Manager examines a tablet while a Square mobile device is placed on the desk they're at.
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    Permission granted by Square
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    Sponsored by Square

    Omnichannel commerce: 5 strategies to grow your business in 2023

    To stay competitive in 2023, businesses need to provide a seamless omnichannel commerce experience across sales platforms. Here are five strategies to start.

    June 26, 2023
  • Faherty's Second Wave resale marketplace webpage
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    Permission granted by Faherty
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    Faherty launches resale program

    In partnership with Archive, the DTC apparel brand launched Second Wave to allow customers to buy and sell secondhand goods from the company.

    By • June 22, 2023
  • Three shoppers looking at different things in a brightly lit retail store.
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    Permission granted by Square
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    Sponsored by Square

    The future of the retail POS is expanding beyond the counter

    Portable POS solutions are a way to meet the evolving needs of the retail industry.

    June 20, 2023
  • On the brown tile floor of an indoor soccer pitch, a white scuffed up gear bag with the word PUMA sits behind a pair of blue and white soccer cleats. One cleat leans against a soccer ball.
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    Courtesy of Puma
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    Column

    The Weekly Closeout: Puma’s CEO overhauls marketing, Fanatics acquires Fexpro

    The athletics retailer underwent a reorg in its marketing division, while Fanatics bought the Latin America-based sports wholesaler. 

    By Retail Dive Staff • June 16, 2023
  • Person uses credit card to buy online
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    Nastasic via Getty Images
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    Adobe: Online prices fell 2.3% in May, the biggest drop since the pandemic began

    Overall inflation has slowed in recent months and grocery price hikes are easing, the research firm found.

    By Tatiana Walk-Morris • June 13, 2023
  • Two people, one of whom is holding a tablet, are doing a delivery check in a warehouse.
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    zeljkosantrac via Getty Images
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    Sponsored by Citizens Pay®

    Is buy now, pay later financing right for your retail business?

    Find out if consumer installment financing is right for your business.

    June 12, 2023