Consumer Trends: Page 15
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pixdeluxe via Getty Images
Online prices fell 1.6% in July: report
It marked the 11th consecutive month of year over year price decreases, with notable drops in appliances and electronics, according to Adobe.
By Tatiana Walk-Morris • Aug. 10, 2023 -
Permission granted by Target
Target to expand Starbucks curbside pickup service nationwide
The retailer is leaning in on providing a more full-service curbside experience for customers.
By Nate Delesline III • Aug. 9, 2023 -
Explore the Trendlineâž”
Thai Liang Lim via Getty Images
TrendlineHow retailers are deploying in-store technology
Payment systems, self-checkout stations and home visualization tech are just a few of the areas getting attention from retailers as they rethink the store experience.
By Retail Dive staff -
Courtesy of American Eagle
Deep DiveBack to school 2023: Can marketing transcend the turbulence?
Top marketers from American Eagle and Amazon weigh in on strategy as the season’s spending forecast paints a gloomy picture.
By Jessica Deyo • Aug. 9, 2023 -
FG Trade via Getty Images
Retailers need to ‘competitively promote’ the rest of the year: report
Though consumers are still spending, a Numerator report suggests that they continue to search for markdowns.
By Tatiana Walk-Morris • Aug. 7, 2023 -
Permission granted by AAFES
‘We want all the brands the customer is used to’: How the Army & Air Force Exchange Service approaches retail
The Exchange, which is celebrating its 128th birthday, forges partnerships with retailers like Old Navy and The Home Depot — making for a loyal military customer base.
By Nate Delesline III • Aug. 7, 2023 -
Joe Raedle via Getty Images
Forrester predicts offline retail sales will surpass $4 trillion by 2028
Though e-commerce has grown during the COVID-19 pandemic, brick-and-mortar stores remain a crucial, yet challenging part of retailers’ strategies.
By Tatiana Walk-Morris • Aug. 3, 2023 -
"Holiday Shopping - Downtown Crossing" by Massachusetts Office Of Travel & Tourism is licensed under CC BY-ND 2.0
What’s working for — and against — retailers heading into the holidays?
This shopping season isn’t likely to be like last year, or the year before, or the year before that, experts say.
By Daphne Howland • Aug. 2, 2023 -
Courtesy of REI
The Weekly Closeout: REI expands travel offerings and Amazon, iRobot modify merger price
The outdoors retailer is expanding rentals, day tours and multiday adventures, while the e-commerce giant and iRobot amended the terms of their agreement.
By Retail Dive Staff • July 28, 2023 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Jason Del Rey and ‘Winner Sells All’
One of the most prolific journalists covering the retail industry leverages his deep sourcing for an in-depth book about Amazon versus Walmart.
By Retail Dive Staff • July 27, 2023 -
REUTERS/Heiko Becker
Deep DiveYeezy was only part of Adidas’ problems. The retailer has been falling further behind Nike for years.
Since 2013, Adidas’ net sales have grown by less than $5 billion as it struggles to keep pace with the broader market. Could a new CEO and a clean slate reverse those trends?
By Cara Salpini • July 24, 2023 -
Courtesy of Pacsun
ColumnThe Weekly Closeout: Pacsun opens dedicated activewear store, FTC proposes new guidelines for mergers
The Pac1980 store will open at the Mall of America, while the Federal Trade Commission and Justice Department unveiled changes to M&A guidance.
By Retail Dive Staff • July 21, 2023 -
Aaron Hawkins/iStock via Getty Images
As student debt relief ends, millions of consumers will have $300 less each month to spend at the holidays: report
Peloton, HomeGoods and Old Navy, along with most apparel and department stores, will be among the hardest hit, according to Earnest Analytics.
By Daphne Howland • July 21, 2023 -
Courtesy of Walmart corporate blog
Walmart rolls out half-price Walmart+ memberships for people on government assistance
The retailer's expansion into servicing financially stressed customers may give it an even larger share of America's grocery market.
By Nate Delesline III • July 21, 2023 -
Courtesy of Signet Jewelry
Zales, Rocksbox partner on jewelry rental
The program is available by appointment at select stores and tailored to offer shoppers affordable fine jewelry options for special occasions and weddings.
By Kaarin Moore • July 19, 2023 -
Daphne Howland/Retail Dive
Sur La Table expands national footprint, private label offering
Three years after surviving a pandemic-era bankruptcy, the culinary experiential retailer is back in growth mode on multiple fronts.
By Nate Delesline III • July 18, 2023 -
Courtesy of Amazon
Amazon resurfaces ‘spend less’ messaging for back-to-school ads
Actor Randall Park stars in a comedic spot touting the e-commerce giant’s plethora of deals as parents grapple with tight budgets.
By Jessica Deyo • July 18, 2023 -
Sam Silverstein/Retail Dive
Buy now, pay later app downloads decline
In the U.S., total BNPL app downloads for the second quarter fell 19% compared to the year-ago period, Bank of America Securities analysts said.
By Caitlin Mullen • July 18, 2023 -
Joe Raedle via Getty Images
ColumnThe Weekly Closeout: Layoffs at The Children’s Place and inflation dips to lowest levels since March 2021
The kids retailer said it’s ending the lease on its New Jersey headquarters, and in June the consumer price index rose just 3% year over year.
By Retail Dive Staff • July 14, 2023 -
Daniel de la Hoz via Getty Images
Back-to-school spending to hit record highs, NRF says
Although some consumers plan to spend more on school shopping this year, they’re still looking for deals, the report found.
By Nate Delesline III • July 14, 2023 -
Courtesy of Amazon
Prime Day helped push US e-commerce more than 6% to $12.7B: Adobe
Several retailers jumped on Amazon’s summer event, and inflation-weary shoppers took the opportunity to stock up on household essentials.
By Daphne Howland • July 13, 2023 -
Stock Photo via Getty Images
Back-to-school spending to tumble 10%: Deloitte
Inflation showed signs of easing markedly in June, but it will take consumers time to adjust, and discounts are in focus, according to the researchers.
By Daphne Howland • July 12, 2023 -
pixdeluxe via Getty Images
US e-commerce sales to exceed $1.1 trillion in 2023: report
FTI Consulting predicts that the rate of online sales growth will slow to 10% or less over the next few years.
By Tatiana Walk-Morris • July 11, 2023 -
Courtesy of Bath & Body Works
Bath & Body Works reformulates hand soaps, offers refills
The retailer, famous for its candles, has shaken up its assortment and its C-suite since former Unilever executive Gina Boswell became CEO last year.
By Daphne Howland • July 6, 2023 -
BuyBuy Baby gets a bid from one of its vendors
Dream on Me, which runs a direct-to-consumer business and sells baby gear through the Bed Bath & Beyond-owned retailer, is a stalking horse bidder, according to bankruptcy court documents.
By Daphne Howland • June 30, 2023 -
Kendall Davis/Retail Dive
Podcast
The Backroom: Target’s silent Pride Month
The team talks about the realities of the backlash, including who is fomenting it and how other retailers’ Pride campaigns stack up.
By Retail Dive Staff • June 29, 2023
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