Retail TouchPoints

APRIL 30, 2024

Through AI and other technologies, customers in grocery stores, clothing outlets and other convenience-style shops no longer need to wait in line to check out. As for concertgoers at these same venues, over half of U.S. consumers ages 15-69 anticipate going to a show in 2024, a jump from the 36% who attended one in 2023.

Checkout 285

Checkout Customer Experience Merchandise Store Consumer 285

Retail TouchPoints

SEPTEMBER 17, 2020

While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” said Matthew Shay, President and CEO of NRF. Individual sales results from the retail sectors NRF examined for August include: Clothing and clothing accessory stores: Up 2.9%

Home Furnishings 260

Home Furnishings Sporting Goods Merchandise Store Accessories 260

Retail TouchPoints

APRIL 15, 2021

Results in other categories included: Sporting goods stores: Up 23.5% YoY; Furniture and home furnishings stores: Up 5.9% YoY; Building materials and garden supply stores: Up 12.1% YoY; Online and other non-store sales: Up 6% month-over-month, up 30.7% YoY; Electronics and appliance stores: Up 10.5%

Home Furnishings 290

Home Furnishings Sporting Goods Merchandise Store Accessories 290

Retail TouchPoints

MARCH 2, 2021

Consumers returned $428 billion in merchandise last year, nearly 11% of all U.S. rose to the challenge, instituting a broad spectrum of solutions such as instant credit for online returns, contactless return drop-off points, extended return periods and in some cases just letting consumers keep the products.

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Returns Merchant Services Drop-Shipping Consumer 328

Retail TouchPoints

AUGUST 19, 2022

Faced with an endless number of brands, product options and channels to shop through, consumers are looking for the perfect combination of “value” and “values.” Is it at the price point I’m willing to pay? But consumers aren’t just buying items online and having them shipped to the house.

Consumer 278

Consumer Shipping Management Merchandise Store 278

Retail TouchPoints

JUNE 16, 2020

“Today’s sales report is very encouraging news at a time when we need to focus on what will happen as retail doors open once again,” said Matthew Shay, President and CEO of NRF during an interview on CNBC ’s Squawk Box. What we need to look at is the trajectory of employment and the direction of the virus. unadjusted year-over-year.

Merchandise Store 218

Merchandise Store Returns Accessories Consumer 218

Retail TouchPoints

SEPTEMBER 25, 2023

In general, when you’re trying to speed up delivery and still provide a wide assortment of products, that puts the burden largely on inventory, and getting that inventory positioned close to the end consumer. in-stock commitment would take 6X as much inventory as the original 80% calculation — and it’s still not at 100% !

Returns 306

Returns Supply Chain Management Fulfillment Customer Experience 306

Retail TouchPoints

SEPTEMBER 24, 2024

Nearly three of every 10 purchases by American consumers will be made online as the end of this decade nears, according to projections from Forrester in its U.S. BOPIS sales got a huge boost from the COVID era and have remained popular for many consumers even as the pandemic has faded. Online Retail Forecast, 2024 to 2029.

Consumer 284

Consumer Apparel Accounting Marketing 284

Retail TouchPoints

SEPTEMBER 1, 2023

This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Retailers can more easily demonstrate to buyers that these brands can drive net new consumers to their categories.

Marketing 264

Marketing Consumer Fulfillment Accounting 264

Retail TouchPoints

JULY 21, 2021

By the end of 2021, the retailer will have nine stores nationwide, with new locations set to open in Boston, Los Angeles and New Jersey. But or its latest New York City store at The Shops in Columbus Circle, CAMP is focusing on the power of creativity. This floor is meant to be completely open, free play.

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Location Merchandise Store Apparel Shopping 264

Retail TouchPoints

MAY 18, 2023

Walmart’s comparable sales growth was likewise strong, at 7.4% , while its ecommerce sales growth of 27% was led by pickup and delivery options. Additionally, groceries have become a majority of Walmart’s annual sales, at 60%. One area where Target made significant progress was cutting back on excess merchandise. in Q1 2023.

Fulfillment 261

Fulfillment Advertising Consumer Management 261

Retail TouchPoints

SEPTEMBER 1, 2023

This accessibility has historically allowed emerging brands to scale their businesses, gain widespread distribution and seamlessly find their way into consumers’ hands. Retailers can more easily demonstrate to buyers that these brands can drive net new consumers to their categories.

Marketing 246

Marketing Consumer Fulfillment Accounting 246

Retail TouchPoints

JANUARY 20, 2021

How are consumers rating your product? If the key players in any industry are all touting products with the same features and benefits — which most do — how can sales associates help consumers discern which is truly best for them? Experience the buying journey through the eyes of your customer. Did you even show up on the first page?

Customer Experience 298

Customer Experience Fulfillment Consumer Marketing 298

Retail TouchPoints

APRIL 8, 2024

Bodkins took pains to stress that Boisson’s setback is not a failure for the NA category at large. “No Detailed information about Boisson’s restructuring plans was not available at press time.

Wholesale 264

Wholesale Fulfillment Planning Location 264

Retail TouchPoints

FEBRUARY 1, 2024

“We are constantly looking for ways to better serve our customers and one of our top priorities is to ensure the communities we call home have access to fresh, affordable and convenient food options,” said Emily Taylor, EVP and Chief Merchandising Officer at Dollar General in a statement. “We

Grocer 242

Grocer Management Consumer Merchandise Store 242

Inside Retail

JUNE 25, 2024

A decade after making its debut in Vietnam, Japanese retail giant Aeon is making a move into regional towns, armed with 10 years of data about local consumer behaviour and a renewed commitment to what is now its second-largest international market. The site is expected to be trading by the end of this year.

Specialty Store 147

Specialty Store Supermarket Marketing Shopping 147

Retail Focus

FEBRUARY 21, 2024

Not only will this reduce their own impact on the planet, but help paint their stores, and indeed wider business, in a more sustainable light that will appeal more to consumers that share a similar passion. Retailers must also consider their consumers, and modern consumers are prioritising sustainability.

Shopping 162

Shopping Visual Merchandising Returns Supermarket 162

Mass Relators

AUGUST 17, 2022

WASHINGTON – Core retail sales as calculated by the National Retail Federation rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said Wednesday. percent unadjusted year over year.

Consumer 52

Consumer Shopping Home Furnishings Sporting Goods 52

Retail Minded

FEBRUARY 1, 2024

Retail and 2024 are both in full swing, and both the year and commerce kicked off at the National Retail Federation in New York City in early January. Kicking off the week, I was grateful to return as a judge to the Vendor In Partnership Awards at the iconic Gotham Hall in Midtown. “Retailers should update their merchandising.

Point of Sale 119

Point of Sale Merchant Services Returns Consumer 119

Retail TouchPoints

JANUARY 16, 2023

An NRF 2023 panel discussion with Target CEO Brian Cornell and four of the company’s top executives showed how the retailer is making inclusion tangible at both ends of this spectrum. Sometimes the results of emphasizing diversity and inclusion are big, bold and easy to see; sometimes they’re subtle.

Planning 290

Planning Management Merchandise Store Store Operations 290

Mass Relators

APRIL 12, 2024

WASHINGTON – Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor , powered by Affinity Solutions, released today by the National Retail Federation. “As Health and personal care stores were up 0.03% month over month seasonally adjusted and up 4.5% year over year unadjusted.

Sporting Goods 52

Sporting Goods Home Furnishings ATS Merchandise Store 52

Mass Relators

OCTOBER 17, 2023

WASHINGTON – Reports out today on retail sales in September show that consumers have retained the ability and willingness to spend despite accumulating economic headwinds from higher interest rates and slowing growth, according to the National Retail Federation. unadjusted year over year. • Online and other non-store sales were up 1.1%

Home Furnishings 52

Home Furnishings Merchandise Store Sporting Goods Accessories 52

VMS

JANUARY 14, 2022

The number includes online and other non-store sales, which were up 11.3 percent at $218.9 We closed out the year with outstanding annual retail sales and a record holiday season, which is a clear testament to the power of the consumer and the ingenuity of retailers and their workers,” NRF President and CEO Matthew Shay said.

Sporting Goods 59

Sporting Goods Home Furnishings Visual Merchandising Merchandise Store 59

Mass Relators

JANUARY 14, 2022

billion in online and other non-store sales (up 11.3%) but excludes sales at automobile dealers, gasoline stations and restaurants, set a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic. “We Sporting goods stores, up 20.9%. General merchandise stores, up 15.2%.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Consumer 52

VMS

SEPTEMBER 21, 2021

DENVER — The 21st annual International Retail Design Conference presented by VMSD magazine kicked off on Tuesday, welcoming a throng of visual merchandisers, store designers and retail executives to the Sheraton Denver Downtown Hotel for the two-day conference.

Visual Merchandising 52

Visual Merchandising Sporting Goods Merchandise Store Customer Experience 52

Mass Relators

JANUARY 18, 2023

Consumers shopped in record numbers and retailers delivered positive holiday experiences to inflation-wary consumers, offering great products at more promotional price levels to fit their stretched budgets. The bottom line is that consumers are still engaged and shopping despite everything happening around them.”

Home Furnishings 52

Home Furnishings Merchandise Store Sporting Goods Accessories 52

Mass Relators

APRIL 14, 2022

WASHINGTON – Consumers continued to spend in March despite price hikes driven by a four-decade high in inflation, according to economic data released today. The latest Consumer Price Index showed an 8.5% Consumers are adapting and shopping smarter for themselves and their families. General merchandise stores were up 5.4%

Home Furnishings 52

Home Furnishings Sporting Goods Consumer Merchandise Store 52

Mass Relators

JANUARY 17, 2024

Consumer spending was remarkably resilient throughout 2023 and finished the year with a solid pace for the holiday season,” said NRF chief economist Jack Kleinhenz. from 2010 to 2019, despite 2023’s slower growth rate compared with the past three years, when trillions of dollars of stimulus propped up consumer spending.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

FEBRUARY 16, 2022

WASHINGTON – The omicron variant, inflation and bad weather in much of the country were not enough to stop consumers from shopping in January, the National Retail Federation reported on Wednesday. On top of that, the enhanced child care tax credit ceased at the end of 2021, impacting millions of families. unadjusted year-over-year.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

APRIL 14, 2023

“Continued easing of inflation and the overall strength of the job market and wages are keeping the fundamentals of the consumer economy strong and should support their ability to spend on household priorities through 2023. In addition, tax refunds typically contribute to spending at this time of year but are smaller this year than last.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

MARCH 16, 2022

Retail sales data continues to show impressive consumer resilience,” NRF president and CEO Matthew Shay said. Despite all that’s been thrown at them including inflation, supply chain constraints, market volatility and significant geopolitical events, consumers remain able and willing to spend. Sporting goods stores were up 1.7%

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

365 Retail

MAY 19, 2023

The influx of visitors had an unequivocal impact on sales, with CACI, the consumer and location intelligence specialist, calculating an additional £19.9m of consumer spend in Liverpool ONE as a direct consequence of Eurovision. Footfall for the entire Eurovision period (May 5 to May 14) was up 17.3%

Merchandise Store 52

Merchandise Store Promotions Consumer Location 52

A1 Retail

MAY 19, 2023

The influx of visitors had an unequivocal impact on sales, with CACI, the consumer and location intelligence specialist, calculating an additional £19.9m of consumer spend in Liverpool ONE as a direct consequence of Eurovision. Footfall for the entire Eurovision period (5th May to 14th May) was up 17.3

Merchandise Store 52

Merchandise Store Promotions Consumer Location 52

Mass Relators

DECEMBER 15, 2022

Consumers continued to spend on household priorities and holiday gifts for loved ones this November despite continued inflation and rising interest rates,” NRF President and CEO Matthew Shay said on Thursday. Building materials and garden supply stores were down 2.5% Sporting goods stores were down 0.6% from October but up 6.5%

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

MARCH 12, 2024

Similarly, when looking at unadjusted year-over-year numbers, increases in the total and core retail measures drop to 2.7% There was an effect at the sectoral level as well, as several categories dropped to negative for month over month and year over year, including furniture, electronics and building supplies.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Accessories 52

Mass Relators

JUNE 15, 2021

While there are downside risks related to labor shortages, supply chain bottlenecks, tax increases and over-regulation, overall, households are healthier, and consumers are demonstrating their ability and willingness to spend. There is still pent-up demand for retail goods and consumers are likely to remain on a growth path into the summer.”.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Retail Geek

AUGUST 20, 2021

In episode 272 we break down the US Dept of Commerce July retail data, and Q2 E-Com data, look at Q2 earnings from Walmart, Target, Home Depot, and Lowes, and discuss a potential Amazon Department store concept. At peak of pandemic, restaurants lost nearly $51B/mo of sales to grocery stores. US Dept of Commerce Data.

Department Stores 98

Department Stores Apparel Drop-Shipping Shipping 98