Consumer Behavior News
Navori Labs debuts AI marketing analytics software for retailers, DOOH advertisers
February 23, 2021
Digital signage software provider Navori Labs has released Aquaji, an AI-computer vision software platform focused on marketing analytics for the retailer and…
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Online grocery sales hit $9.3B in January
February 23, 2021
January was a busy month at online supermarket sites with total U.S. online grocery sales hitting $9.3 billion for the month.
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Consumers going local, exploring new retail despite pandemic
February 22, 2021
American consumers are supporting small business and local retailers and open to trying new retail brands, according to a Vericast survey on consumer behavior.
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Standard Cognition raises $150M, teams with Compass Group and Circle K on autonomous checkout
February 18, 2021
Standard Cognition, which provides an autonomous checkout solution that can be quickly installed in retailers' existing stores, has raised a $150 million round…
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Chat commerce can boost retail revenue, claims survey
February 16, 2021
Retailers employing chat commerce technology can benefit from higher revenue, improved customer retention, reduced service costs and greater marketing…
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Retailers' pandemic actions influencing consumer perception
February 15, 2021
The actions and messaging by retailers during the past year's COVID-19 pandemic is influencing consumer perception and behavior, according to a Jigsaw study…
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30% of fashion brands will close this year, claims survey
February 15, 2021
More than a third of fashion brands (37%) will close stores this year, 56% of retailers will shutter physical stores and 66% of shoppers won't be hitting a…
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Valentine's Day will be much more homey this year
February 12, 2021
This year's Valentine's Day celebration is likely going to be a home-based experience for many given the ongoing pandemic.
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Consumers loving digital banking engagement, reveals BoA
February 12, 2021
Consumers are embracing mobile banking with one banking institution experiencing record levels of engagement.
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Mall owner optimistic this year will be a better one for business
February 11, 2021
With the U.S. pandemic hitting it's one-year mark, the biggest U.S. mall operator is expressing optimism that business may be returning toward a normal point.
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Not everyone is getting a Valentine's Day gift this year
February 11, 2021
While some reports reveal Valentine's Day shoppers are likely to spend more this year than last, one survey claims 40% of American consumers won't spend a dime.
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Millennials are the biggest Valentine's Day gift spenders
February 10, 2021
When it comes to buying loved ones a Valentine's Day gift the millennials are the biggest and most extravagant spenders — doling out an average of 40% more…
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Valentine's Day business isn't just about romance this year
February 10, 2021
Valentine's Day, the busiest day of the year for florists, isn't just about romance this year as many consumers are using the holiday to express love for those…
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UK consumers feeling big love this Valentine's Day
February 9, 2021
Spending on Valentine's Day gifts in the U.K. will be big this year with one research firm expecting it to double compared to 2020.
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At-home apparel demand drives Target activewear sales way up
February 8, 2021
Target's activewear brand, All in Motion, is getting embraced by shoppers and has hit $1 billion in annual sales.
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Pandemic drives growth for online music retailer
February 2, 2021
The need to chill, relax and de-stress is a major factor in why one online music retailer enjoyed robust record growth in 2020.
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UK shoppers missing the in-store retail experience
February 2, 2021
When it comes to in-store retail activity, a majority, 74%, of U.K. shoppers, are missing the physical brick-and-mortar customer experience.
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Pandemic isn't thwarting love spend this Valentine's Day
February 2, 2021
While the COVID-19 pandemic has greatly changed consumer buying activity and disrupted daily life, it's not going to stop consumers from expressing their love…
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China consumer spend to double in 9 years
February 1, 2021
China consumer spend will more than double by 2030, hitting $12.7 trillion, according to a Morgan Stanley analyst report.
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Retail store closures may hit new record this year
January 29, 2021
There could be as many of 10,000 retail store closures this year, which would set a new record.
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