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NPD: Consumer General Merchandise Spending Bumped Up in 2021

NPD: Consumer General Merchandise Spending Bumped Up in 2021

by Mike Duff | Jan 25, 2022 | Retail Articles

Consumer spending on general merchandise finished 2021 up 15% versus the year earlier, with a 6% increase in unit sales, according to The NPD Group, and it wasn’t all holiday action.  Although holiday shopping brought positive retail results, the early part of 2021...
Visa: Consumer Spending Strong But Headwinds Tell

Visa: Consumer Spending Strong But Headwinds Tell

by Mike Duff | Jan 14, 2022 | Retail Articles

The Visa U.S. Spending Momentum Index came in at 108.4 in December seasonally adjusted, its strongest reading for the month since the index launch, but it’s not all good news as discretionary spending momentum softened. For the last three months of 2021, the SMI was...
Walgreens Posts Big Q1 As COVID-19 Impacts Operations

Walgreens Posts Big Q1 As COVID-19 Impacts Operations

by Mike Duff | Jan 7, 2022 | Retail Articles

The ongoing COVID-19 pandemic helped drive Walgreens Boots Alliance to a Wall Street beat on earnings and sales in the first fiscal quarter, with a strong retail performance partly attributable to coronavirus testing and vaccinations. In the course of a first-quarter...
Numerator: Pandemic, Inflation Impact Consumer New Year’s Goals

Numerator: Pandemic, Inflation Impact Consumer New Year’s Goals

by Mike Duff | Jan 4, 2022 | Retail Articles

Consumers have set improving physical, mental and financial health as key goals in 2022, a New Year’s resolution survey from market research firm Numerator revealed, but half of resolution makers worry that inflation might keep them from reaching their goals. As the...
Numerator: Pandemic, Inflation Impact Consumer New Year’s Goals

Placer: Omicron a Factor in Super Saturday Softness

by Mike Duff | Dec 21, 2021 | Retail Articles

Super Saturday may not have been as super as retailers would have liked, although certain specific factors may have played into somewhat underwhelming results including the date being a full week before Christmas and retailers touting last minute delivery options that...
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