Consumer Trends: Page 2
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Walmart to install EV chargers at thousands of stores by 2030
The big-box retailer already has around 1,300 chargers at 280 of its sites but plans to further leverage its vast store network.
By Jessica Loder • April 7, 2023 -
ThredUp: US resale market projected to reach $70B by 2027
That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.
By Tatiana Walk-Morris • April 5, 2023 -
Explore the Trendline➔
RgStudio via Getty ImagesTrendlineRetail 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 -
Deep Dive
Which mall in this California city can survive?
A real estate mogul made his mark on three major shopping centers in Sonoma County wine country. His original vision from 1950 may be the winner.
By Daphne Howland • April 5, 2023 -
Sponsored by Anaplan
Retailers must reimagine demand planning to unlock forecast accuracy
Springs Window Fashions and Lodge Cast Iron transform demand planning with Anaplan.
April 3, 2023 -
Column
The Weekly Closeout: Apple introduces a pay later option and Walmart gives early access to Oreos
An initial version of a BNPL service was introduced by Apple, while Walmart+ members get first dibs on the cookie brand’s new Blackout Cake flavor.
By Retail Dive Staff • March 31, 2023 -
Podcast
The Backroom: Unearthing financial details about J.C. Penney
The team talks about the treasure trove of information on the department store’s financial health, found thanks to a tip from one of its new owners.
By Retail Dive Staff • March 30, 2023 -
Sustainable products took more market share last year: report
Despite high inflation and a price premium, shoppers continued to buy products marketed as sustainable, according to a report from Circana and the New York University Stern Center for Sustainable Business.
By Tatiana Walk-Morris • March 28, 2023 -
Prestige is ‘growth engine’ for beauty industry: report
Shoppers aren’t cutting back on their beauty spending and are turning to prestige products for an emotional lift, according to Circana.
By Tatiana Walk-Morris • March 27, 2023 -
75% of marketers expect to spend more on TikTok even as ban looms
As the battle over the future of TikTok intensifies, 56% of marketers believe it is highly or somewhat unlikely that the federal government will ban the platform.
By Chris Kelly • March 24, 2023 -
BNPL firms snag consumers at checkout: J.D. Power
As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.
By Tatiana Walk-Morris • March 21, 2023 -
Over half of Gen Alpha watch shopping content: report
Many kids get ideas about new products and brands by viewing haul and unboxing videos, according to a report by Morning Consult.
By Tatiana Walk-Morris • March 16, 2023 -
Over 1 in 10 business leaders plan to switch to DTC model in 2023: study
Companies cited better relationships and lifetime value with their customers as the biggest benefits of adopting the model, according to Circuit.
By Howard Ruben • March 13, 2023 -
What can The Container Store learn from Sephora?
CEO Satish Malhotra joined two years ago, and he’s using his experience at the beauty company to freshen up the home retailer’s strategy.
By Cara Salpini • March 13, 2023 -
What to watch in the DTC space in 2023
Increased competition, layoffs and shifting channels are a few challenges direct-to-consumer brands are facing this year.
By Retail Dive Staff • March 13, 2023 -
Column
The Weekly Closeout: Adidas left with $1.3B in Yeezy shoes, Dick’s Sporting Goods, NCAA partner for March Madness
The activewear brand ended its relationship with Ye last October with lots of inventory, while Dick’s is the exclusive partner for the championship season.
By Retail Dive Staff • March 10, 2023 -
Ulta tops $10B in revenue as beauty stays resilient
The retailer saw double-digit growth across all major categories, with new brands and product innovation helping to increase sales in the fourth quarter.
By Dani James • March 10, 2023 -
Carhartt workwear partners with resale company Trove
The heritage workwear and apparel brand plans to pilot the program across six U.S. stores before expanding nationwide later this year.
By Natalie Schwartz • March 7, 2023 -
Column
The Weekly Closeout: Walmart lands $1B a month in orders fulfilled by stores, Parade heads to Target
Store fulfilled delivery sales have nearly tripled in two years at the big-box retailer, and the DTC intimates brand inks another major wholesale deal.
By Retail Dive Staff • March 3, 2023 -
Target to broaden assortment of products priced $15 and under
The retailer is leaning further into its "Tarjay" reputation and will also expand its Apple and Ulta shop-in-shops.
By Kaarin Vembar • March 3, 2023 -
Target profits continue to slide as discretionary purchases slow
The retailer said consumer spending on essentials, like food, helped offset inflation-driven sales slides in discretionary buys.
By Nate Delesline III • Feb. 28, 2023 -
Etsy climbs, eBay earnings slide in Q4 and ‘22
The two marketplaces will benefit from an economic environment where consumers want deals, analysts say.
By Nate Delesline III • Feb. 24, 2023 -
Podcast
The Backroom: What the ‘MetaBirkin’ NFT verdict means for art and commerce
The team chats about how Hermès' legal win impacts retail at large, and why Mason Rothschild plans to appeal.
By Retail Dive Staff • Feb. 23, 2023 -
2023 will be a ‘reset year’ for the footwear industry: NPD
Sales might finally stabilize in the sector, and casual shoes will continue to grow as shoppers prioritize necessities.
By Tatiana Walk-Morris • Feb. 21, 2023 -
Credit card debt surpasses pre-pandemic levels: Fed
Despite a pause in payments required for federal student loans, younger borrowers particularly are showing higher credit card delinquencies.
By Tatiana Walk-Morris • Feb. 21, 2023 -
‘I wanted to go back to building’: Why Lively’s founder pivoted from selling bras to functional beverages
Michelle Cordeiro Grant is focused on bringing wellness to the energy drink category through the launch of her new brand, Gorgie.
By Dani James • Feb. 21, 2023