Consumer Trends: Page 30


  • Kanye West at Milk Studios
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    Getty Images
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    Column

    The Weekly Closeout: Kanye West files trademark for retail stores and Laffy Taffy turns to NFTs

    The rapper filed trademarks for the name “YZYSPLY,” while the candy maker turned jokes found on its wrappers into non-fungible tokens.

    By Retail Dive Staff • July 15, 2022
  • Amazon's Prime Day logo for 2022.
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    Courtesy of Amazon
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    Inflation reshapes Amazon Prime Day

    Shoppers used the two-day sale to stock up on household essentials and take care of some holiday lists, sticking mostly to smaller purchases.

    By July 14, 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
  • Primary school students sitting in an art classroom talking to a teacher.
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    Getty Images
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    Back-to-school spending set to be an all-time high, amid inflation concerns: report

    Deloitte found that 37% of shoppers intend to spend more than last year, but brand loyalty is at risk with price increases and inventory issues.

    By July 14, 2022
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    The RealReal
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    Shoe companies pause hiring and investing as they brace for weaker sales

    Concerns have shifted from supply chain to inflation and consumer behavior, according to the Footwear Distributors and Retailers of America.

    By July 11, 2022
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    Getty Images
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    Report: E-commerce sales to exceed $1 trillion this year

    Online shopping is expected to grow despite concerns about inflation and a potential economic downturn, according to FTI Consulting.

    By Tatiana Walk-Morris • July 11, 2022
  • A child in front of an entrance to a shopping center.
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    Daphne Howland/Retail Dive
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    Inflation the latest challenge for malls

    The retail model was on the decline even before the pandemic. Now shoppers are staying away again as gas prices rise, according to Placer.ai research.

    By July 7, 2022
  • Exterior shot of a Target store with a closeup on the Target logo.
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    Daphne Howland/Retail Dive
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    Target deepens back-to-school offers amid inventory headaches

    The retailer is adding to promotions for students and teachers as back-to-school sales are forecast to exceed pre-pandemic numbers.  

    By Tatiana Walk-Morris • July 7, 2022
  • Patrik Frisk was tasked with turning around Under Armour. He lasted 2 years.

    As CEO, some analysts say he didn't drive enough growth for founder Kevin Plank. So, what is the company looking for next?

    By July 6, 2022
  • Person using a self-checkout station at a supermarket
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    Getty Images
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    Self-checkout shipments could surpass 300K by 2027: report

    Cashless systems are growing in popularity, and retailers are testing new features like facial recognition.

    By Tatiana Walk-Morris • June 28, 2022
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    Photo Illustration: Shaun Lucas/Industry Dive; Getty Images 

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    How retailers are grappling with sustainability

    In an industry that inevitably generates waste, the path to a more environmentally friendly future is littered with difficult choices.

    By Retail Dive Staff • June 28, 2022
  • Picture of the Port of Charleston shared with Supply Chain Dive on July 22, 2020
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    Courtesy of South Carolina Ports Authority
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    Inventory in 2022: Normal is still nowhere in sight

    With Target taking the vocal lead, retailers are flushing out excess inventory to reset for the holidays. How much they’ll sell then is anybody’s guess.

    By June 27, 2022
  • Young adult female grocery shopping
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    aquaArts studio/stockphoto.com

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    Sponsored by Vericast

    As the future of retail shifts, shoppers have high expectations

    Vericast's 2022 Retail TrendWatch defines consumers' expectations and their alignment with those of retailers.

    June 27, 2022
  • Gas prices
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    Justin Sullivan / Staff via Getty Images
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    As consumers spend more on gas and food, a shadow looms over retail

    The second half of the year will be tough for retailers as shoppers hunt for lower prices, opt for experiences and shift their loyalties.

    By June 24, 2022
  • Employee at a bio grocery shop helping a customer
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    Getty Images
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    Sponsored by Shell Energy

    Why decarbonization offers retailers a chance to lower costs and increase revenue

    Retailers need to develop a holistic sustainability strategy and action plan to engage and attract customers while improving financial performance.

    June 21, 2022
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    Astrid Stawiarz / Stringer via Getty Images
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    Column

    The Weekly Closeout: Deckers' COO steps down and Swarovski names CEO

    David Lafitte exited the footwear retailer to pursue another opportunity, while the jewelry brand appointed its first chief outside of the founding family.

    By Retail Dive Staff • June 17, 2022
  • Forever 21's metaverse venture lets Roblox players customize virtual fashion stores
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    Courtesy of Virtual Brand Group
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    McKinsey: Metaverse may create $5 trillion in value by 2030

    The research firm found that up to $2.6 trillion of that value could be in e-commerce.

    By June 17, 2022
  • FabFitFun box
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    Courtesy of FabFitFun
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    75% of DTC brands may offer subscriptions by 2023: report

    Though subscription services once attracted investors, some brands have had to trim their workforce and end investor partnerships.

    By Tatiana Walk-Morris • June 13, 2022
  • Target
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    Courtesy of Target
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    Target moves to reduce inventory, taking markdowns and canceling orders

    Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.

    By June 7, 2022
  • Textile rolls in a warehouse
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    Getty Images; Industry Dive

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    Deep Dive // Sustainability in retail

    Retail is fundamentally bad for the environment. And doing better isn't easy.

    Improving sustainability is a web of complexity for retailers. Ultimately, it may mean sidelining growth.

    By June 6, 2022
  • A selection of skincare products lined up against a dark background.
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    Courtesy of Skkn by Kim
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    Column

    The Weekly Closeout: Kim Kardashian launches new skincare line and GameStop's losses spike

    The celebrity shut down her previous KKW Beauty brand last year, and the gaming retailer's operating loss tripled to $153.7 million.

    By Retail Dive Staff • June 3, 2022
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    Courtesy of Trunk Club A Nordstrom Company
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    What Trunk Club's demise says about apparel subscriptions

    Customers who engage with Nordstrom's stylists, online or in stores, spend more time and money at the retailer. So it's going outside the box.

    By June 2, 2022
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    Daphne Howland/Retail Dive
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    In Q1, Victoria's Secret firmly in control against apparel headwinds

    The lingerie retailer said it's regaining market share and maximizing margins, but may cut prices in order to make a sale.

    By June 1, 2022
  • Prada NFT shirt capsule
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    Permission granted by Prada
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    Prada plans monthly product, NFT drops

    The brand will host 24-hour online events, starting June 2, where shoppers in select areas can buy limited-edition items and receive accompanying NFTs.

    By Tatiana Walk-Morris • June 1, 2022
  • Miami Design District
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    Courtesy of Miami Design District blog
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    In boon to retail, office workers and tourists are heading back downtown

    Nordstrom and Glossier are among the retailers following a recovery pattern described in a recent report from commercial real estate firm JLL.

    By May 31, 2022
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    Michael M. Santiago via Getty Images
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    Bed Bath & Beyond launches new private label for the home

    Everhome, the retailer's ninth owned brand launch, comes as consumers pull back on discretionary spending and demand for the home category declines.

    By May 31, 2022