Retail TouchPoints

SEPTEMBER 21, 2023

In a return to pre-pandemic behaviors, more consumers plan to throw or attend a party ( 32% ) or to take their children trick-or-treating ( 28% ) this year, although the top celebratory activities for consumers will be handing out candy ( 68% ), decorating their home or yard ( 53% ) and dressing in costume ( 50% ). set in 2021.

Discount Store 248

Discount Store Consumer Planning Returns 248

Inside Retail

MAY 2, 2021

Covid-19 hit the reset button on consumer behaviour. Retail brands quickly realised that it was no longer business as usual after the pandemic set in, and marketing plans, execution, creative, and channels had to be re-thought wholescale. This leaves the obvious question: how exactly has Covid-19 altered consumers?

Consumer 200

Consumer Social Commerce Shopping Returns 200

Retail TouchPoints

JULY 20, 2022

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to move toward its goal of opening approximately 100 new brick-and-mortar stores in FY 2022, which ends Jan. off-price apparel retailer plans to open 75 Ross Dress for Less and 25 dd’s DISCOUNTS stores. The Dublin, Calif.

Location 242

Location Discount Store Apparel Planning 242

Retail TouchPoints

FEBRUARY 11, 2022

consumers tune in to the big game. consumers plan to celebrate Valentine’s Day in 2022, up from 52% in 2021. Ecommerce shops will be the most popular destination, visited by 41% of shoppers, followed by department stores ( 32% ), discount stores ( 28% ), small businesses ( 18% ) and florists ( 17% ).

Jewelry 250

Jewelry Department Stores Discount Store Apparel 250

Retail TouchPoints

FEBRUARY 8, 2024

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate. That all creates positive momentum for these retailers.”

Thrift Store 267

Thrift Store Consumer Clienteling Fulfillment 267

Retail TouchPoints

JULY 14, 2023

Consumers are expected to spend a record $41.5 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Families with children in elementary through high school plan to spend an average of $890.07 billion on back-to-school (BTS) shopping this year, up from $36.9

Discount Store 205

Discount Store Department Stores Planning Accessories 205

Retail TouchPoints

AUGUST 27, 2024

BTS purchases certainly are starting earlier: according to the National Retail Federation (NRF) survey conducted by Prosper Insights & Analytics, more than half ( 55% ) of consumers already had started buying school items in July. Retailers should plan for an extended back-to-school season.” in an interview with Retail TouchPoints.

Markdowns 291

Markdowns Drop-Shipping Consumer Discount Store 291

Inside Retail

DECEMBER 19, 2023

A shift in Chinese retailers’ strategy toward lower-priced goods and services to win cost-conscious consumers risks embedding the country’s recent deflationary trends more permanently into the world’s second-largest economy. This stands to create more headwinds for China’s stuttering post-Covid recovery.

Retailing Pricing 263

Retailing Pricing Discount Store Consumer Supermarket 263

Inside Retail

JULY 12, 2021

Discount supermarket Aldi is making a push into convenience with the opening this week of a Corner Store concept in North Sydney. The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips.

Supermarket 264

Supermarket Discount Store Store Layout Returns 264

Wiser

JULY 18, 2023

Factors That Could Influence Consumer Spending Part of developing a successful holiday sales strategy includes forecasting the upcoming season. However, a fifth of respondents indicated a reduced budget for the holiday celebration this year, suggesting a potential shift in priorities or economic factors influencing consumer choices.

Consumer 148

Consumer Promotions Discount Store Apparel 148

Inside Retail

FEBRUARY 20, 2023

Specialty value retailer Best & Less Group has reported a slump in profits as consumer demand softened during the first half. The company plans to open six new stores in this half. The post Weak consumer demand dents Best & Less Group profits appeared first on Inside Retail. per cent to $13.7 per cent to $29.8

Consumer 130

Consumer Planning Management Discount Store 130

Inside Retail

AUGUST 22, 2022

“Australians are facing significant cost of living pressures driven by interest rate rises, elevated petrol prices and broad-based consumer goods inflation. I believe we can have a meaningful impact by offering our customers both branded consumables as well as general merchandise at a low price.”.

Planning 130

Planning Shopping Consumer Location 130

Retail TouchPoints

SEPTEMBER 1, 2023

billion, largely driven by positive sales contributions from new stores. decrease in same-store sales, which was largely due to a decline in store traffic. Even though the retailer saw growth in the consumables category, sales across home, seasonal and apparel categories fell. These sales helped offset a 0.1% in Q2 2022.

Markdowns 229

Markdowns Apparel Planning Consumer 229

Retail Wire

JULY 23, 2024

Big Lots has announced plans to close additional stores due to financial challenges exacerbated by a tough economic environment, including high inflation impacting consumer spending.

Planning 173

Planning Consumer Discount Store 173

Inside Retail

AUGUST 26, 2021

billion, with Scott noting the business’ success was due to its resilient operating model and the ability to adapt to changing consumer needs. No such investments in Target were mentioned, though the planned changes in Target’s store network ( that is, converting them to Kmart stores ) saw trading results “exceed internal expectations”.

Net Profit 246

Net Profit Fulfillment Planning Management 246

Inside Retail

JUNE 3, 2021

Aldi also said that staff will have more time to focus on “creating a quality experience” by maintaining stock levels and keeping the store clean. Australian retail expert and QUT professor of marketing Gary Mortimer expects the move will receive a positive response from consumers. The post Good.

Payment Services 52

Payment Services Checkout Promotions Supermarket 52

Inside Retail

FEBRUARY 14, 2023

Despite prolonged wet weather conditions on Australia’s east coast, resilient consumer demand drove Bunnings’ revenue up 1.5 Further reading: Wesfarmers plans to ‘renew’ its portfolio after profit slips The post Kmart underpins strong quarter for Wesfarmers – but inflation fears loom appeared first on Inside Retail.

Planning 264

Planning Consumer Marketing Discount Store 264

Inside Retail

OCTOBER 26, 2022

It’s going to be happy hauntings for retailers, as one in four Australians plan to celebrate Halloween this year. Salakas attributes this growth to a desire by consumers to go out, socialise and celebrate the festivities. Covid-19 mucked up the waters a bit, but we are smashing last year,” Salakas told Inside Retail. “

Promotions 246

Promotions Consumer Shopping Discount Store 246

Inside Retail

JULY 25, 2023

For now, the businesses will remain separate in the eyes of the consumer, though they will share systems in the back end, such as having a single tech-stack. The business briefly considered rebranding all its Kmart locations to Target stores due to the retailer’s long-standing heritage.

Department Stores 246

Department Stores Apparel Management Fashion 246

Mass Relators

MARCH 28, 2022

WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 Consumers are eager to return to their pre-pandemic holiday traditions, particularly as it relates to purchasing food and gifts for in-person celebrations this Easter,” NRF President and CEO Matthew Shay said. on clothing.

Consumer 52

Consumer Department Stores Discount Store Planning 52

Mass Relators

OCTOBER 19, 2023

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. Survey respondents said they were planning to spend about $620 on gifts. percentage points.

Consumer 52

Consumer Department Stores Discount Store Accessories 52

Mass Relators

JANUARY 31, 2022

Following the historic level of consumer spending over the winter holidays, it appears that the trend will continue into 2022,” NRF President and CEO Matthew Shay said. consumers plan to celebrate the holiday in 2022, up from 52% in 2021. adult consumers was conducted Jan. billion this year, up from $21.8

Jewelry 105

Jewelry Department Stores Discount Store Planning 105

Mass Relators

JANUARY 25, 2023

WASHINGTON – Consumers are expected to spend $25.9 This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices.” More than half (52%) of consumers plan to celebrate and will spend an average of $192.80.

Consumer 52

Consumer Jewelry Specialty Store Department Stores 52

365 Retail

JUNE 6, 2023

Consumer card spending in the UK grew by only 3.6 In response, one-fifth of consumers (20 percent) are opting to purchase products in bulk that offer better value for money, moving away from downsized products by manufacturers. In contrast, discount stores enjoyed a growth of 5.0 percent) as well as on entertainment (7.3

Consumer 62

Consumer ATS Department Stores Discount Store 62

Inside Retail

JUNE 28, 2022

“The dedicated toy section allows every Miniso customer to experience the immense fun and joy brought about by our toys, while enjoying the treasure hunt shopping experience in our store,” said Vincent Huang, VP of the international business department at Miniso in a statement. Expansion plans. The marketplace. Backend intelligence.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Small Biz Trends

JULY 11, 2022

Have a Financial Plan. Having a well-thought-through financial plan can help in challenging times. Your financial plan should include a budget, healthy savings, investments in multiple financial products, and earning goals. Because consumers’ spending decreases you will need to tweak your product or service.

Drop-Shipping 115

Drop-Shipping Finance Payment Services Accounting 115

Inside Retail

AUGUST 23, 2023

Due to higher cost-of-living strains, the company says customers gravitated towards low-priced consumables that represent value. The business opened 15 new stores during the year predominantly in neighbourhood and strip locations in both metro and country areas and closed four.

Shopping 130

Shopping Returns Location Planning 130

A1 Retail

MARCH 7, 2023

Growth of supermarket spending slowed, as consumers continued to find ways to reduce the cost of their weekly shop Produce shortages are impacting grocery shopping behaviour, with tomatoes, eggs, peppers, cucumbers and lettuce the items most difficult to source Spending on public transport jumped 22.6 percent) than in January (10.4

Consumer 52

Consumer Supermarket Discount Store Planning 52

Wiser

FEBRUARY 13, 2019

At Wiser, we were wondering what went through consumers’ heads around this holiday, so we polled more than 2,700 mystery shoppers from across the U.S. Valentine’s Day remains a traditional holiday among consumers, both in terms of gifts and when it comes to where to buy. Instead, they’re better served by being presented in stores.

Discount Store 74

Discount Store Department Stores Shipping Store Operations 74

Rangeme

FEBRUARY 1, 2022

This was primarily due to consumers staying at home, says Neil Saunders, Managing Director and Retail Analyst. Traditionally consumers stick with traditional gifts like chocolates, candy, and flowers, along with jewelry, according to GlobalData. This was followed by online-only retailers (34%) and other specialty stores (19%).

Specialty Store 72

Specialty Store Department Stores Jewelry Consumer 72

Mass Relators

JANUARY 29, 2024

With consumers prioritizing their spouse or significant other this year, retailers expect to see a shift in spending for certain gifting categories.” Over half of consumers (53%) plan to celebrate Valentine’s Day this year, on par with 52% last year. Overall, consumers plan to spend a total of $25.8

Jewelry 52

Jewelry Department Stores Discount Store Planning 52

Mass Relators

JULY 11, 2024

The back-to-school and college season is an important time for retailers and consumers,” NRF Vice President of Industry and Consumer Insights Katherine Cullen said. While shopping is well underway, the majority (86%) of consumers still have at least half of their purchases left to complete. K-12 shoppers are budgeting $309.35

Shopping 52

Shopping Department Stores Discount Store Accessories 52

Inside Retail

SEPTEMBER 6, 2023

And the latest global research from ESW shows that 73 per cent of Millennial shoppers plan to spend the same or more online this year, making this generation the leader in global e-commerce spending. Sustainability, but at a price Macro trends pull and push consumers when it comes to how they spend their hard-earned money.

Marketing 130

Marketing Consumer Accounting Apparel 130

A1 Retail

JUNE 6, 2023

In response, a fifth of consumers (20 percent) are switching away from products which have been downsized by manufacturers in favour of buying products in bulk which offer better value for money. percent) – as half (50 percent) of consumers say they are cutting down on discretionary spending to cope with rising household bills.

Consumer 52

Consumer Department Stores Discount Store Finance 52

Independent Retailer

APRIL 5, 2022

As excited as consumers were to get outside and enjoy in-store shopping, these new complications are not mixing well with summer plans. Consumers Are Showing No Signs of Slowing Down. The shift to pre-pandemic habits as well as inflation may be driving consumers’ inclination to overspend.

Fashion 91

Fashion Shipping Discount Store Consumer 91

Mass Relators

JULY 19, 2021

WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. billion, up from $33.9

Department Stores 52

Department Stores Discount Store Planning Returns 52

Mass Relators

AUGUST 7, 2023

WASHINGTON — Consumers are expected to spend record sums this year on back-to-school and back-to-college shopping, according to the annual survey from the National Retail Federation (NRF) and Prosper Insights & Analytics. Back-to-class shopping is one of the most important consumer shopping occasions of the year. billion in 2021.

Discount Store 52

Discount Store Department Stores Consumer Accessories 52