Consumer Trends: Page 37
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Cara Salpini/Retail Dive
Shein surpasses H&M, Zara in US fast fashion sales
As the e-commerce site leads the U.S. fast-fashion market, environmental sustainability concerns could drive consumers away from fast-fashion brands.
By Tatiana Walk-Morris • July 12, 2021 -
Courtesy of Tiny Jewel Box
As collectors seek out luxury watches, Tiny Jewel Box expands showrooms
The Washington, D.C., business has expanded its Patek Philippe showroom, and an additional Rolex space will open next year to cater to growing demand.
By Kaarin Moore • July 12, 2021 -
Trendline
Gen Z and the next-generation consumer
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
"The parking lot outside of the now closed Boscov's at Monroeville Mall." by Steven Miller is licensed under CC BY 2.0
Malls may not even need anchors. Here's why.
Department stores used to drive traffic, but now they're just a drag.
By Daphne Howland • July 12, 2021 -
Courtesy of ThirdLove
ThirdLove doubles down on comfort with inclusive seamless collection
The DTC lingerie brand is not only a rival of market leader Victoria's Secret but also one of its fiercest, and loudest, critics.
By Daphne Howland • July 9, 2021 -
Courtesy of Amazon
Nearly all the top e-commerce companies grew revenue by double digits in 2020: GlobalData
The biggest players saw outsized sales gains as consumers flocked to their sites. Wayfair came in at No. 5, with revenue up 55% last year.
By Ben Unglesbee • July 9, 2021 -
Jon Cherry via Getty Images
Back-to-school shopping could reach nearly $33B: Deloitte
As consumers become increasingly optimistic about the economy, 40% of parents expect to spend more this year, according to the report.
By Tatiana Walk-Morris • July 9, 2021 -
Courtesy of Gap Inc.
Is Yeezy Gap a billion-dollar brand?
The retailer that once defined American casual fashion is trying to regain attention by collaborating with one of the world's most idiosyncratic artists.
By Daphne Howland • July 8, 2021 -
Stuart C. Wilson via Getty Images
Despite online growth, stores will still account for three-fourths of retail sales in 2024, Forrester says
The research firm estimates that e-commerce in the U.S. grew 30% in 2020, its fastest pace since 2002. But physical retail hasn't lost its relevance.
By Ben Unglesbee • July 6, 2021 -
Courtesy of Pabst Blue Ribbon
ColumnRetail Therapy: Beer brands go all out this July 4th
Natural Light set its sights on breaking a slip and slide world record, while Pabst Blue Ribbon created a pack of beer inspired by America's founding.
By Caroline Jansen • July 2, 2021 -
Daphne Howland/Retail Dive
Urban Outfitters enters men's makeup category in partnership with Hims & Hers
More veteran retailers are partnering with DTC brands to appeal to younger, digitally savvy consumers.
By Tatiana Walk-Morris • July 2, 2021 -
Back-to-school shopping to rise 9% in 2021: KPMG
Amid economic recovery from the pandemic, a new survey predicts parents will spend more this year on school supplies, apparel and footwear.
By Tatiana Walk-Morris • July 1, 2021 -
Courtesy of Farfetch
Farfetch, ThredUp partner on clothing donation service
In an expansion of its existing program, U.S. customers can now donate gently used clothes to raise money for charity and earn Farfetch shopping credits.
By Kaarin Moore • June 30, 2021 -
Justin Sullivan via Getty Images
New consumer tech gadgets modernize payments
As technology evolves, so do modes of payment. Consumers are migrating to more advanced tech payment tools like wearable devices, connected cars and in-home systems, a new study finds.
By Vaidik Trivedi • June 29, 2021 -
Tractor Supply CEO: 'The challenge of all retailers is to stay ahead of their customer needs'
The company gained millions of new customers in the last five quarters. Now it's on a mission to maintain them.
By Maria Monteros • June 29, 2021 -
Courtesy of Target
ColumnRetail Therapy: Target rolls the dice on a themed Monopoly set
The retailer and Hasbro teamed up to produce a Bullseye edition of the classic game.
By Maria Monteros • June 25, 2021 -
Courtesy of Ntwrk
Ntwrk's shopping festivals highlight the potential of livestream commerce
Opting for cultural connection over awareness, big brands like Mtn Dew and Adidas create memorable moments with fans by selling limited-edition merch in livestreams hosted by celebrities.
By Robert Williams • June 25, 2021 -
Courtesy of Walmart
Will virtual fitting rooms push Walmart to the fashion forefront?
The big-box retailer and other brands have joined the space in hopes consumers find the perfect fit before purchase.
By Maria Monteros • June 24, 2021 -
Courtesy of ThredUp
With used apparel sales set to reach $77B in 5 years, more retailers join in, ThredUp finds
The segment, which may outpace the wider market eleven-fold in that time, is upending fast fashion, according to a report from the secondhand site.
By Daphne Howland • June 23, 2021 -
Courtesy of Instagram
NPD: 51% of Facebook and Instagram users bought products while scrolling
The two companies ranked the highest in a list of platforms where consumers discover and purchase products, a report indicates.
By Maria Monteros • June 23, 2021 -
Courtesy of Target
Target commits to new sustainability, equity goals
The retailer plans to make 100% of its private label products "designed for a circular future" by 2040.
By Maria Monteros • June 22, 2021 -
Westfield turns over Florida mall to lenders
The mall operator has been reducing its portfolio of malls in the U.S. to focus on Europe.
By Ben Unglesbee • June 21, 2021 -
Courtesy of Amazon
Prime Day is just another summer sale
Amazon is destined to sell its own devices and collect new memberships, but competing sales from retailers make it less special.
By Daphne Howland • June 21, 2021 -
Shutterstock / Cavan Images
Sponsored by Oracle RetailOmnichannel retail and the evolution of the retail store
Gain agility by adopting an omnichannel retail strategy that puts the customer at the core of every business decision for long-term success.
By Christopher Sarne, senior director of product management strategy • June 21, 2021 -
Courtesy of Whole Foods
ColumnRetail Therapy: Whole Foods, The Weather Channel team up to guarantee summer fun
With the help of meteorologist Stephanie Abrams, the Amazon-owned grocer will give away prizes if consumers' plans are spoiled by rain.
By Caroline Jansen • June 18, 2021 -
Courtesy of Walmart x UOMA by Sharon C. via email
Sharon Chuter's Uoma teams up with Walmart on exclusive beauty line
Chuter's Pull Up for Change has demanded that corporate America in general and beauty companies in particular do right by Black brands and entrepreneurs.
By Daphne Howland • June 18, 2021
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