Consumer Trends
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Best Buy revenue falls 3% in Q2
The electronics retailer is updating in-store merchandising across multiple categories as it increasingly competes with big-box rivals for market share.
By Nate Delesline III • Aug. 30, 2024 -
Podcast
The Backroom: Under Armour’s past — and future — under Kevin Plank
The executive earlier this year returned to the athletics brand he founded nearly 30 years ago. What does that mean for the company?
By Retail Dive Staff • Aug. 29, 2024 -
Explore the Trendline➔
Courtesy of TroveTrendlineHow the circular economy is shaping retail
According to a ThredUp report, growth in apparel resale is outpacing growth in the wider market overall.
By Retail Dive staff -
Gen Z more likely to buy holiday gifts via social media: report
Instagram and Facebook are forecast to be the most popular platforms for gift purchases during the season.
By Tatiana Walk-Morris • Aug. 28, 2024 -
With new leaders and a new plan will Beyond’s ‘gallery of brands’ succeed?
The company is leveraging Bed Bath & Beyond’s deep name recognition and plans to develop a gallery of retail brands ranging from luxury to off-price.
By Nate Delesline III • Aug. 26, 2024 -
Nearly 40% of consumers return an online purchase ‘at least’ once a month: report
The majority of consumers are open to exchanges or store credit instead of full refunds if the returns process is easy, according to Narvar.
By Tatiana Walk-Morris • Aug. 26, 2024 -
Retrieved from Piqsels.
Mobile shopping forecast to drive over half of online holiday sales: report
With more people shopping on mobile devices, a “tipping point” with consumer behavior is on the horizon, according to Adobe Analytics.
By Tatiana Walker-Morris • Aug. 23, 2024 -
Amazon launches annual grocery subscription plan
The yearly option’s debut comes just a few months after the company rolled out its monthly subscription offering.
By Peyton Bigora • Aug. 23, 2024 -
Survey: 31% of back-to-school shoppers will take on debt
While that’s relatively flat to 2022, there are fewer shoppers this year opting for cheaper brands or using other money saving strategies, Bankrate found.
By Nate Delesline III • Aug. 22, 2024 -
Deep Dive
Kevin Plank can’t let go of Under Armour. Is that hampering a turnaround?
Three CEOs have come and gone in the four years since Plank stepped down. Now, the sportswear brand’s founder is back with another plan to revive the brand amid flagging sales and relevance.
By Cara Salpini • Aug. 19, 2024 -
Sponsored by SPS Commerce
5 ways retailers can excel at change management
Learn how top retailers adapt to consumer trends and market shifts with these five proven strategies.
Aug. 19, 2024 -
Toy sales stabilize in first half of year
“The tide is turning for the industry,” according to a new report from Circana. But there are no guarantees for the second half of 2024.
By Kaarin Vembar • Aug. 13, 2024 -
Amazon Prime Day drives the most loyalty among summer sales events
Over 80% of shoppers who made purchases during the recent spate of sales only bought items at Amazon, Earnest Analytics found.
By Tatiana Walk-Morris • Aug. 12, 2024 -
Column
The Weekly Closeout: Amazon delivery speeds up in Canada and Gap Inc. changes its ticker
Prime members in parts of Canada will have faster same-day delivery and the apparel company will trade on the NYSE under the new symbol GAP.
By Retail Dive Staff • Aug. 9, 2024 -
Prestige beauty sales continue to outpace mass with 8% growth in the first half of the year
High-end fragrance was a bright spot, rising 12%, but its popularity is also driving sales of mass products and private-label dupes.
By Tatiana Walk-Morris • Aug. 7, 2024 -
Retrieved from Liquid Death on August 01, 2024Q&A
How Liquid Death cuts through marketing noise without big media buys
Vice President of Creative Andy Pearson explained how the billion-dollar beverage brand helps consumers “murder” their thirst in an expanding market.
By Chris Kelly • Aug. 6, 2024 -
How to win over customers in inflationary times. Hint: It’s not just about price.
Quality and other considerations are in play as shoppers mull whether or not to spend their money on discretionary items.
By Daphne Howland • Aug. 5, 2024 -
55% of Gen Z have made an online purchase while browsing social media
A new survey from Walmart and Morning Consult indicates that social media is becoming a key platform for product discovery.
By Tatiana Walk-Morris • July 30, 2024 -
After a bad first half, US consumer tech sales expected to fall 2% in 2024: Circana
The research firm said the macroeconomic environment remains unchanged, but signaled strength in some categories for the back half of the year.
By Tatiana Walk-Morris • July 29, 2024 -
Sponsored by Dell Technologies
Building the store of the future? Update your IT foundation first
To fully leverage today’s emerging technologies and deliver the experiences customers are expecting, retailers must modernize their stores’ IT infrastructure.
July 29, 2024 -
In-store experience wins out as customers want to see and touch purchases: report
Customers value associates’ advice, particularly for luxury goods, while they feel frustrated by chatbots’ inability to resolve customer service inquiries.
By Bryan Wassel • July 26, 2024 -
Podcast
The Backroom: All of a sudden, a lot is happening at department stores
The team discusses a barrage of news from several players in a retail space that has been written off many times.
By Retail Dive Staff • July 25, 2024 -
TikTok Shop spend jumps during Deals for You Days
U.S. shoppers spent $52 each during the social platform’s July sale, a historic high and a break from recent declines, according to Earnest Analytics.
By Tatiana Walk-Morris • July 24, 2024 -
Knix enlists soccer star Megan Rapinoe for latest campaign
Rapinoe teamed up with the brand to pay athletes to talk about their periods while competing in sports.
By Howard Ruben • July 22, 2024 -
Dollar General to offer over 100 back-to-school products for $1 or less
Notebooks, pencils, glue sticks and folders are among the low-priced offerings. The dollar store will also offer backpacks for $5.
By Tatiana Walk-Morris • July 19, 2024 -
US online retail sales to reach $1.2 trillion this year: report
E-commerce is “maturing” and returning to “pre-pandemic normalcy” as it continues to capture market share, according to FTI Consulting.
By Tatiana Walk-Morris • July 17, 2024