Trends / Statistics News
Digital will dominate holiday shopping, claims research
September 14, 2020
More than half of consumers, 58%, have financial worries due to the ongoing COVID-19 pandemic, yet 59% expect to spend the same on holiday gifts this year as…
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VR market to reach $20B by 2025
September 2, 2020
The virtual reality market will reach $20.9 billion by 2025, according to a report by MarketsandMarkets. It will also grow at a compound annual growth rate of…
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Black Friday will be quite different in the UK this year
September 1, 2020
A hefty majority of U.K. consumers don't plan to spend Black Friday in stores and will be online scouring websites for top deals.
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Retail sales continue on recovery path, albiet a bit slower
August 17, 2020
Retail sales are continuing to recover, though July was not at the same pace as June, which indicates a "positive step in the right direction," according to…
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Lowe’s adding tool rental departments with self-serve kiosks
August 7, 2020
Lowe's will begin rolling out tool rental departments nationwide, creating a one-stop shop for all the tools and equipment Pros and DIY customers need to…
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NRF economist: Big questions loom regarding economic recovery
August 6, 2020
While there are some broad indicators that the U.S. economy is beginning to recover, the nation's biggest and top retail organization is issuing a cautionary…
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Best Buy latest retailer to close on Thanksgiving Day
July 29, 2020
Electronics powerhouse Best Buy is latest retailer to decide to close on Thanksgiving Day.
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AR, AI gain ground in post-COVID retail marketing strategies
July 28, 2020
The COVID-19 pandemic is changing retail marketing strategies with more spend taking place on augmented reality, artificial intelligence and messaging in the…
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Survey reveals consumers prefer contactless
July 23, 2020
A Entrust Datacard survey shows the vast majority of U.S. payment cardholders, or 75%, prefer using contactless cards over other forms of payment, including…
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ACI Worldwide says global e-commerce up 28% in June
July 14, 2020
Global e-commerce sales rose 28% in June, according to ACI Worldwide, marking the largest year-over-year increase since the beginning of the COVID-19 outbreak.
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Online consumer behavior differs among generations
July 10, 2020
Online shopping during the ongoing coronavirus pandemic reveals different shopping behaviors by different generations of consumers, according to a PFS and…
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Consumers want social distancing services, reveals research
July 3, 2020
American shoppers want and expect social distancing services such as curbside pickup, local delivery and contactless payments given the ongoing COVID-1…
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A look at retail's top 7 trends
June 23, 2020
E-commerce, convenience and a changing brick-and-mortar shopping environment are among the top seven trends in retail today, according to a Deloitte report…
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NRF: Sales improvement is an encouraging sign
June 18, 2020
The bump in retail sales last month is "encouraging news," according to the National Retail Federation, and the focus now must be on keeping retail stores open…
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Some shoppers excited to get back to shopping, some are nervous
June 17, 2020
Depending on the region, U.S. consumers are either most excited to get back into retail environments while others are admittedly nervous about the prospect.
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Retail sales on very healthy rebound track
June 17, 2020
Federal figures regarding retail sales reveal consumers are busy, busy, busy shopping at this point in the wake of the coronavirus pandemic.
read nowDigital signage market to grow to $26.3B, despite pandemic
June 11, 2020
Despite the current pandemic, the digital signage market is expected to reach $26.3 billion by 2027, according to a report by ResearchAndMarkets. The market…
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COVID-19 impact on imports easing up, claims NRF report
June 9, 2020
While the COVID-19 impact to import is lessening, projected figures regarding imports are still below last year levels, according to a National Retail…
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Self-service gains traction among consumers
June 3, 2020
A good majority of consumers, 83%, will use self-service options when available, reflecting a spike of 7% from 2019.
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Consumer financial concerns not subsiding
May 27, 2020
The COVID-19 pandemic has more than a quarter of U.S. consumers worried about making payments and nearly half, 43%, are delaying large purchases given the…
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