Retail TouchPoints

JANUARY 29, 2021

The holiday may be serving as a form of release for pent-up consumers: nearly three-quarters ( 73% ) of shoppers celebrating Valentine’s Day this year feel it is important to do so given the current state of the pandemic. Just over half ( 52% ) of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of $21.8

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Retail TouchPoints

JULY 14, 2023

Consumers are expected to spend a record $41.5 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. The firm recorded a 23.7%

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Retail TouchPoints

JULY 8, 2021

consumers to return to some version of normalcy, global sentiment is still mixed, according to Kantar’s Wave 9 survey of more than 10,000 people across 20 countries. Anxiety rates undoubtedly influence consumer behaviors, especially shoppers’ willingness to return to large physical spaces such as malls.

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Payment Services Consumer Shopping Returns 290

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.”

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Retail TouchPoints

JANUARY 5, 2023

Although there are signs that inflation is easing, higher prices and an uncertain economy continue to impact consumer behavior. Although many customers are “brand loyal,” given the economic environment, stressed consumers nowadays will most often make retailer and product choices with price as the main factor. Today’s Consumer Mindset.

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Inside Retail

JULY 12, 2021

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. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

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Retail TouchPoints

MARCH 7, 2023

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations.

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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% ).

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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.

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Inside Retail

DECEMBER 13, 2023

Shein’s low prices — US$5 t-shirts and US$10 sweaters — also draw shoppers who might have otherwise shopped at clothing discount stores. One 2022 study found Shein typically receives orders within five to seven days and can then send the products directly to consumers via air freight.

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Inside Retail

AUGUST 23, 2023

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. million with comparable stores sales growth up 4 per cent. Due to higher cost-of-living strains, the company says customers gravitated towards low-priced consumables that represent value.

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Inside Retail

JUNE 3, 2021

“Anecdotal feedback from the first day of the trial was overwhelmingly positive with more than half of our customers opting to use the new Self-Checkouts,” Robert Eichfeld, store operations director at Aldi Australia, said. They clearly recognise a need to give consumers choices.

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Payment Services Checkout Promotions Supermarket 52

Inside Retail

APRIL 6, 2021

Consumers worldwide spent an additional US$900 billion online last year as the Covid-19 crisis forced people to stay home and observe social distancing through much of the year. With more choices at their fingertips, consumer spending on international e-commerce grew around 25 to 30 per cent year on year from March 2020 through February 2021.

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Discount Store Consumer Marketing Shopping 147

Inside Retail

OCTOBER 26, 2022

Salakas attributes this growth to a desire by consumers to go out, socialise and celebrate the festivities. He believes that the trend is similar to Black Friday, which started as an American shopping tradition, before becoming popular in Australia over time. I’ve grown up observing Halloween from a party shop perspective,” he said. “In

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Promotions Consumer Shopping Discount Store 246

Rangeme

APRIL 17, 2023

Consumers have struggled with rising inflation concerns for well over a year, and the uncertainty has profoundly impacted family spending decisions. As the economic downturn stretches into the second quarter of 2023, consumer confidence is still on shaky ground, even as inflation shows signs of slowing down. In July 2022, only 29.5%

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Retail TouchPoints

MAY 28, 2020

billion in Q1 2020, while same-store sales jumped 21.7% The retailer saw increases in consumables, seasonal home products and apparel, with the company attributing this growth to COVID-19’s impact on consumer behavior. Closed Stores Lead To Losses, But Recovery May Be Right Ahead. during the same period. in Q1 2019.

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Inside Retail

FEBRUARY 2, 2023

Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? Despite the significant drop in month-to-month department store spending, he said there was a $200 million increase in sales between December 2021 and 2022. But we’ve come a long way.

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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. Families and students are eager to get a jumpstart on their shopping for the start of the school year. K-12 shoppers are budgeting $309.35 billion total), $253.29

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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. Regardless of how early consumers start, the majority (62%) expect they won’t finish until December.

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Consumer Discount Store Department Stores Accessories 52

Mass Relators

MARCH 28, 2022

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. Friends and family want to be together, and consumers are willing to spend money to make these events memorable.”. on clothing.

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Consumer Discount Store Department Stores Planning 52

Inside Retail

AUGUST 22, 2022

Despite a rocky start to the financial year, discount variety retailer The Reject Shop says its sales have improved steadily since March. Comparable store sales fell 2.2 Australians are facing significant cost of living pressures driven by interest rate rises, elevated petrol prices and broad-based consumer goods inflation.

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Mass Relators

JULY 13, 2023

WASHINGTON – Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Back-to-class shopping is one of the most important consumer shopping occasions of the year.

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Mass Relators

JANUARY 25, 2023

WASHINGTON – Consumers are expected to spend $25.9 Valentine’s Day is a special occasion to shop for the people we care most about,” NRF President and CEO Matthew Shay said. Valentine’s Day is a special occasion to shop for the people we care most about,” NRF President and CEO Matthew Shay said. This is up from $175.41

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Consumer Jewelry Specialty Store Discount Store 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 percentage points.

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Jewelry Discount Store Department Stores Planning 105

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). . percent and 13.1

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Mass Relators

DECEMBER 12, 2022

million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. It is consumer demand that is driving growth.”. Approximately 72.9

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Mike Anthony

JULY 28, 2021

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). As our work on Shopper Economics™ shows, ‘shopper experience’ is only one of four dimensions that drive shopping behavior.

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Retail Focus

OCTOBER 10, 2023

However, the emergence of department stores revolutionized the retail landscape by offering diverse products and brands under one roof. This shift allowed retailers to reach rural areas, overcoming the disadvantage of distance from city shopping centres. This new retail model focused on competitive pricing, volume, and cost efficiency.

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Inside Retail

JUNE 28, 2022

It recently introduced a brand new store format, with its first flagship store in Selangor, Malaysia. The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. The company also plans to crossover with different industries to create more value for its consumers.

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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. Where are we shopping? Top gifts for Valentine’s Day. In the U.K., Gift recipients.

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Specialty Store Department Stores Jewelry Consumer 72

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. Furthermore, most shopping occurs right before the holiday.

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Inside Retail

SEPTEMBER 6, 2023

Sustainability, but at a price Macro trends pull and push consumers when it comes to how they spend their hard-earned money. These consumers are looking for brand experiences and attributes that are centred around sustainability. But a new consumer dilemma is looming. Sustainability, it seems, has a prioritisation problem.

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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 versus 4.2

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Consumer Supermarket Discount Store Planning 52

Inside Retail

NOVEMBER 17, 2022

It has been stated that Narita Airport, Japan’s biggest international airport some 70 kilometres from Tokyo, remains quiet, with almost half of its 260 shops and restaurants closed. Consumer inflation rose 3.4 Apparently, the chain has already installed translation services in 14 languages to assist foreign shoppers.

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Inside Retail

JUNE 7, 2023

Reputational damage While the alleged safety breaches by the Dollar Store are extensive – they are by no means exclusive to this particular chain, confined to the United States, or limited to budget retailers alone. Meanwhile, he believes consumers are increasingly choosing to align their purchases with their personal values.

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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. Despite all of this negative news, in-person shopping is still expected to thrive this summer. The other component is oil.

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Fashion Shipping Discount Store Consumer 79

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. Meanwhile, more than six in 10 (63 percent) say they are looking for ways to reduce the cost of their weekly shop. percent and 13.1

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Consumer Discount Store Department Stores Finance 52