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Income of Consumers Budgeting More For Holidays Affects Spending Priorities

Income of Consumers Budgeting More For Holidays Affects Spending Priorities

by Mike Duff | Oct 1, 2024 | Retail Articles

Americans plan to spend big this holiday season, tapping budgets that are 31.7% higher than in 2023, according to the Holiday Shopping Report from JLL. However, how the holiday spend is spread differs by income, JLL noted. The commercial real estate researcher and...
Shopping Center Operator Simon Launches Campaign Promoting ‘Mall Culture’

Shopping Center Operator Simon Launches Campaign Promoting ‘Mall Culture’

by Mike Duff | Oct 1, 2024 | Retail Articles

Real estate investment trust and JCPenney owner Simon Property Group is launching a new nationwide campaign to highlight the shopping mall’s continuing cachet as a go-to destination for consumers across generations in the United States. Dubbed “Meet Me...
Mintel: Consumers Plan To Discount Their Holiday Spend

Mintel: Consumers Plan To Discount Their Holiday Spend

by Mike Duff | Oct 10, 2023 | Retail Articles

A new Mintel research study reveals 44% of consumers in the United States who intend to shop in the 2023 winter holiday season said they plan to do so during a pre-season sales event such as Amazon Prime Day. Despite such events, which have helped push holiday...
GenZers, Millennials Take Their Own Approaches to Omnichannel

GenZers, Millennials Take Their Own Approaches to Omnichannel

by Mike Duff | Sep 11, 2023 | Retail Articles

Gen Zers, Millennials, Gen Xers and Boomers all have distinctly different expectations from brands, shopping preferences and patterns, and outlooks for the future, according to a study by Near Intelligence, a global data platform, including the upcoming holidays. In...
Euromonitor: Harness Home Product Reliability During Uncertain Times

Euromonitor: Harness Home Product Reliability During Uncertain Times

by Peter Giannetti | Mar 15, 2023 | The Inspired Home Show 2023

Euromonitor’s Nick Stene, during an Innovation Theater presentation at The Inspired Home Show 2023, said consumers are waiting for the next big shock, but they are also looking for reliability. As such, consumers are prepared for the worst but looking over the horizon...
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