Consumer Behavior News
Record sales for PGA Tour Superstore
February 3, 2022
The year 2021 was a record setter when it came to sales for PGA Tour Superstore and, in addition, the retailer also hit its 50-store milestone and is busy…
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Metaverse proving alluring to retail shoppers
January 31, 2022
A hefty majority, 70%, of all consumers who have shopped in a virtual store have made a purchase, and nearly 75% of Gen Z shoppers have bought a digital…
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Retailers need to understand consumer sustainability preferences
January 31, 2022
Retailers need to get educated on consumer sustainability sentiment in order to adapt to consumer wants and needs, according to a First Insight report.
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Consumer confidence ebbs as new year kicks off
January 28, 2022
Consumer confidence dipped moderately in January though consumers are thinking of buying homes, cars and appliances, according to a Conference Board survey.
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New year, new consumer retail resolutions
January 27, 2022
More than half, 66%, of U.S. consumers are making a retail resolution this year to change their shopping habits.
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Target CEO: Gas costs, inflation could deter consumer in-store visits
January 25, 2022
Target CEO Brian Cornell expects ongoing inflation, resulting in higher retail goods costs, and increased gas prices are likely going to reduce consumer…
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Retailer teams with AiFi on unattended stores
January 21, 2022
Żabka Group, a retailer based in Poznan, Poland, operates the largest chain of autonomous stores in Europe after launching 25 AI-powered stores in partnership…
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2021 retail holiday sales hit $887B
January 20, 2022
Total retail holiday sales hit $887 billion, according to the National Retail Federation, despite ongoing supply chain hiccups and the ongoing COVID-19 Omicron…
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2021 holiday online spend was record-setting
January 18, 2022
Consumers spent $204.5 billion online during the 2021 holiday season — a spike of 8.6% compared to the year prior, according to the Adobe Digital Economy Index…
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Supply chain, inflation still a concern for a consumers
January 17, 2022
The state of the U.S. economy, specifically inflation and supply chain issues, are still top of mind for consumers, according a Shopkick survey.
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Scan-and-go is a lure for shoppers
January 13, 2022
A good majority, 77%, of shoppers are more willing to shop at a store if it offers a scan-and-go option, according to a Researchscape survey conducted on…
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Gift card sales up over last 2 years
January 12, 2022
The restaurant industry sold 6% more gift cards during the 2021 holiday season compared to 2019, and 57% more than 2020, according to a Paytronix study.
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Crypto use on rise, most will use it for mobile purchases
January 11, 2022
More than a third of consumers between the age 18-54 own cryptocurrency according to a recent study by Cantaloupe — a digital payments and software services…
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Consumers increasingly adopting digital banking
January 6, 2022
Customers are increasingly embracing digital banking, with 73% claiming they use it once a week or more, according to JP Morgan Chase's digital banking…
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Consumers piled on holiday season debt in 2021
January 5, 2022
An increased number of consumers built up debt this holiday season, an average of $1,249, and one in three admit to spending more than they could afford.
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Revamped return policy may prove costly for retailers
January 4, 2022
During the past year of the COVID-19 pandemic many retailers extended the return policy from the traditional 30 day to 60 and 90 days but the move may prove…
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Healthy retail sales bump this holiday season
January 3, 2022
Retail sales spiked this holiday season, increasing 11% compared to 2019's holiday season, according to a Mastercard report.
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Saving money top New Year’s resolution
December 21, 2021
When it comes to New Year's resolutions the top goal is losing weight.
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Consumers spending at faster rate claims BofA chief
December 21, 2021
Consumers are spending "at a faster rate" than Bank of America Chairman and CEO Brian Moynihan has ever seen, and he's concerned about impacts from the ongoing…
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E-gift cards pretty popular this holiday season
December 20, 2021
One of the notable trends for the 2021 holiday season is consumer love for the e-gift card.
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