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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...
Euromonitor: Consumer Priorities Are More Personal

Euromonitor: Consumer Priorities Are More Personal

by Mike Duff | Jan 18, 2022 | Retail Articles

Global market research firm Euromonitor International has released its Top 10 Global Consumer Trends 2022 report, which suggests that the year ahead will require adjusting to consumers who have rapidly diversifying preferences and priorities. Euromonitor designed the...
NPD: Consumer General Merchandise Spending Bumped Up in 2021

Placer: Eight Retail Trends to Watch

by Mike Duff | Jan 11, 2022 | Featured News, Retail Articles

Market research firm and traffic tracker Placer.ai has identified eight retail trends to watch in the year ahead.  In a market fundamentally reshaped by the COVID-19 pandemic, retailers need to understand the value of both digital and physical operations to advance,...
Consumer Confidence Continues Rise in December

Consumer Confidence Continues Rise in December

by Mike Duff | Dec 23, 2021 | Featured News, Retail Articles

The Conference Board Consumer Confidence Index gained in December after an upward revision in November. The Index now stands at 115.8, up from the revised 111.9 figure for November, the Conference Board stated, with a rating over 100 considered a positive sentiment...
Numerator: Consumers Adapting to COVID-19 Realities as Omicron Spreads

Numerator: Consumers Adapting to COVID-19 Realities as Omicron Spreads

by Mike Duff | Dec 22, 2021 | Retail Articles

An update to its monthly Consumer Behavior & Sentiment Survey, Numerator looked at shopper concerns regarding the Omicron variant of COVID-19. Among the results: 20% of consumers say they are concerned about the Omicron variant, compared to 27% who say they are...
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