Consumer Trends: Page 29
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Daphne Howland/Retail Dive
Target takes 87% hit to operating profit as it resets inventory
The retailer resorted to markdowns after facing sluggish demand as consumers grapple with inflation. Was it a speed bump, or a sign of poor planning?
By Ben Unglesbee • Aug. 17, 2022 -
Courtesy of Walmart
Walmart sales rise, profits fall on inflation in Q2
The retailer has gained market share and revenue. But sales and consumer shifts are eating into profits at the same time.
By Ben Unglesbee • Aug. 16, 2022 -
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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Walmart picks Paramount as streaming partner for membership plan
Starting in September, Walmart+ customers can access the ad-supported Paramount+ Essential tier at no extra cost.
By Peter Adams • Aug. 16, 2022 -
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Survey: Nearly three-fourths of footwear spend occurs online
A majority of online footwear customers seek user-generated photos and videos when they shop, according to PowerReviews research.
By Tatiana Walk-Morris • Aug. 16, 2022 -
Daphne Howland/Retail Dive
Best Buy reportedly cuts store jobs
The retailer recently warned of sales declines as consumers pull back on electronics purchases.
By Ben Unglesbee • Aug. 15, 2022 -
Courtesy of ThredUp
ColumnThe Weekly Closeout: Tommy Hilfiger teams with ThredUp, and has inflation finally peaked?
The iconic fashion brand will provide shopping credit for certain items returned to ThredUp. Meanwhile, prices in July were flat month to month.
By Retail Dive Staff • Aug. 12, 2022 -
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Deep DiveBack-to-school challenges marketers as shoppers focus on savings
Brand loyalty is out the window amid economic distress, tasking brands and retailers to find new ways to court once-faithful customers.
By Jessica Hammers • Aug. 11, 2022 -
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E-commerce prices decline for the first time in over two years: Adobe
Online, there may be some relief in sight for high inflation that has rattled both consumers and retailers in recent months.
By Tatiana Walk-Morris • Aug. 10, 2022 -
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US online retail sales to reach $1.6 trillion by 2027: report
Total retail sales are expected to reach $5.5 trillion by that same year, according to Forrester.
By Tatiana Walk-Morris • Aug. 8, 2022 -
Permission granted by Under Armour
Why running brands are finally making shoes for women
As the sport rises in popularity, brands are breaking from tradition and investing in running shoes that are actually manufactured for a woman’s foot.
By Cara Salpini • Aug. 8, 2022 -
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Sponsored by SailthruFrom revenue drain to loyalty driver: upgrading retail return experiences
Returns management is an expensive business. Managed well, it’s also key to retaining customers, curbing losses and fueling revenue for the long haul.
Aug. 8, 2022 -
Courtesy of Kohl's
Cowen downgrades Kohl’s as middle-income shoppers spend less on apparel
The retailer and its peers could lose share to discounters as their customers get squeezed by rising prices and cut back on clothing purchases.
By Daphne Howland • Aug. 5, 2022 -
Courtesy of J.C. Penney
Consumer wariness comes for Simon-owned retailers in Q2
CEO David Simon told analysts that volatility in retail is “just the way of the world” and downplayed the REIT’s investment in the industry.
By Daphne Howland • Aug. 3, 2022 -
Daphne Howland/Retail Dive
Anthropologie launches denim recycling program
The company said customers are invited to recycle any type of denim apparel item as long as it's made of 90% cotton or greater.
By Stephanie Arnold • July 29, 2022 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Planet retail
Retailers know they have an important role in addressing climate change. But navigating sustainability is riddled with challenges.
By Retail Dive Staff • July 28, 2022 -
Courtesy of Amazon
Deep DiveAs consumers return to stores, why would Amazon shut the door?
The e-retailer is expanding its grocery fleet and experimenting with apparel stores. But it has abandoned stand-alone brick and mortar for book sales and other merchandise.
By Daphne Howland • July 25, 2022 -
Courtesy of Urban Outfitters
Urban Outfitters to bring Parade into select stores
On the forefront of inclusive marketing in the competitive lingerie segment, the DTC brand joins others in turning to wholesale to stoke revenue.
By Daphne Howland • July 25, 2022 -
Courtesy of Pottery Barn
Pottery Barn launches accessible home collection
The line, which features select ADA-compliant products, includes desks, pivot mirrors, grab bars and motion lift chairs.
By Caroline Jansen • July 25, 2022 -
Hasbro, Mattel make gains in tough Q2
Sales are up at the toy companies, but margins are still getting squeezed by supply chain costs.
By Ben Unglesbee • July 22, 2022 -
ColumnThe Weekly Closeout: Tractor Supply names chief marketer and Mattel partners with SpaceX
Kimberley Gardiner joins the retailer as its former CMO retires. Meanwhile, the toy company signed a multi-year agreement with Elon Musk’s space firm.
By Retail Dive Staff • July 22, 2022 -
Online prestige beauty sales drop 14%: report
Macy’s and Target have increased in popularity, though, with Macy’s taking market share away from Sephora and Nordstrom’s online channels.
By Kaarin Moore • July 22, 2022 -
Kohl's outlook turns negative at S&P as it faces tough retail environment
After acquisition talks ended, the retailer is under pressure from shareholders and consumers’ tightening wallets.
By Ben Unglesbee • July 21, 2022 -
Cara Salpini/Retail Dive
Bath & Body Works girds for sales, profit decline in 2022
Traffic is falling at the retailer, and lower income consumers are tightening spending as they wrestle with inflation.
By Ben Unglesbee • July 20, 2022 -
Banoart/depositphotos.com
Retail braces for the second half of the year, as cautious shoppers pay more but get less
June’s retail sales reflect a drastic change for consumers, who were supported by the government last year but are now squeezed by inflation.
By Daphne Howland • July 18, 2022 -
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Sponsored by SailthruResearchers: Omnichannel is now a baseline consumer expectation
Shopping experiences that were once considered cutting-edge are now baseline consumer expectations.
July 18, 2022
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