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The Reject Shop sales increase, positive momentum in January

Inside Retail

Discount retailer The Reject Shop says it is pleased with the ongoing “positive momentum” in sales following a strong Christmas trading period. In a trading update citing preliminary unaudited accounts for its December half, sales are expected to be up 3.5 million while comparable store sales improved by 2.4

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NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

Unsurprisingly, ecommerce will be the most popular destination for Valentine’s Day shopping, accounting for 39% of the total. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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NRF: Electronics Will Drive Back-to-School Spending to Record $41.5 Billion

Retail TouchPoints

billion on back-to-school (BTS) shopping this year, up from $36.9 More than 55% of respondents who are planning to shop for school supplies said they had already started buying as of early July — on par with 2022 and up from 44% in 2019. Consumers are expected to spend a record $41.5 billion in 2022 as well as the previous high of $37.1

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How Rising Prices Shape Consumer Behavior

Retail Focus

Retail data proves coupon use spikes during high inflation, and discount stores see more traffic. The Role of E-Commerce in Inflationary Periods During times of inflation, online retailers have an advantage over physical stores. Price jumps create worry even among people not yet financially stressed.

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Analysis: The rise of the purposeful consumer

Inside Retail

Consumers are shopping with purpose, and consumers are shopping for purpose. Shopping with purpose. How consumers shop has radically changed and effective targeting in retail means coming to grips with the detail of those changes. Consumers are engaging in more deliberate shopping behaviour. Shopping for purpose.

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Ethical Commerce: How to Overcome 3 Top CSR Hurdles (With Examples)

Retail TouchPoints

This category includes discount stores, mass merchants (“big box stores”) and businesses focused on specialty hardlines. According to the NRF , the total rate of returns in 2021 was just over 16% — up 6 percentage points from 2020 — and the online portion accounted for almost 21% , or about $218 billion.

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Retail Channel Strategy – Don’t forget the discounters

Mike Anthony

The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). But when we talk about shopping experience, it isn’t all about ‘bells & whistles’ (though discounters have made huge strides in improving the shopper experience in their stores).

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