Trends / Statistics News
Holiday sales growth will hit at least 3.8%, claims NRF
October 16, 2019
Holiday retail sales in November and December will increase between 3.8% to 4.2%, compared to 2018, according to the National Retail Federation.
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Consumers are shopping early for holiday gifts
October 10, 2019
Nearly half of consumers, 45%, expect to start shopping for holiday gifts before November and 25% already started in September.
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Retailers value AI but adoption remains scarce, reveals study
October 7, 2019
The benefits of artificial intelligence technology, specifically around merchandise management, is clear to most retailers but just 16% have deployed an AI…
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Halloween spend will be robust thanks to social media
October 1, 2019
Social media is expected to influence this year's Halloween spend which is predicted to be near a record-breaking figure.
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Consumers won't be very patient on Black Friday, claims research
September 27, 2019
Retailers should strive hard to meet e-commerce consumer expectations this holiday season as shoppers will be quick to ditch brands if performance doesn't meet…
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High consumer optimism will spur holiday season sales
September 27, 2019
An OpenX survey reveals high consumer optimism about the economy will fuel bigger holiday season spend and online shopping may grab more share than physical…
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Shoppers loving the gift card these days
September 19, 2019
There is a consistent 10% year-over-year growth in gift card sales and online-bought cards (in retail and restaurants) are reflecting a 6% increase in check…
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Report: Most retailers not too sure who's browsing around
September 4, 2019
More than half, 64%, of retailers can't identify the majority of website visitors and 57% aren't collecting offline customer relationship management data…
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Solid growth ahead for transparent signage market
August 30, 2019
The transparent digital signage market will grow at a 33% compound annual growth rate, according to a report by ReportLinker.
read nowAverage consumer back-to-school spend expected to break records
August 29, 2019
Consumer spending for back-to-school needs and college items will break records this year, according to a National Retail Federation survey conducted by…
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Convenience, compassion top consumer wants, reveals survey
August 29, 2019
Today's consumers want convenience, compassionate in-store customer service and happy store associates to engage with when in a retail environment.
read nowThe physical retail experience is king with jewelry buyers
August 22, 2019
When it comes to buying a bauble, a good majority of consumers trek to a brick-and-mortar jewelry store, according to a Citi Retail Services study.
read nowRetailers feeling pretty good
August 21, 2019
A Yieldify report expects the retail segment to enjoy a 28% spike in revenue growth this holiday season compared to last year's revenue.
read nowPlus-size clothing retailer shuttering all its stores
August 20, 2019
Women's plus-size retailer, Avenue, is getting ready to close all its stores across 33 states as part of its liquidation activity.
read nowReport: DOOH market to grow by 11%
August 16, 2019
The DOOH advertising market is expected to grow at a compound annual growth rate of 11% from 2019 to 2024, according to a report entitled "Digital Out of Home…
read nowConsumers not sure how brands are using data
August 15, 2019
Despite an increased focus on consumer privacy, data security and data protection, more than half of consumers — 65% — weren't sure what brands were using…
read nowHoliday season may not be so jolly warns analyst
August 15, 2019
Not every retailer may have a jolly holiday season as one industry watcher said it may be a "sobering" one for department chains.
read nowMost retailers worry about Amazon pricing threat
August 14, 2019
Nearly three-quarters of retailers are worried they're going to be outpriced by Amazon, with 41% of those "very concerned."
read nowTarget, Walmart leading hourly wage increases
August 6, 2019
The hourly retail minimum wage is the highest it has been since the end of 2003, primarily due to top retailer support for increased pay.
read nowSurvey: Consumers like BOPIS, mobile browsing, AI
August 5, 2019
A good majority of shoppers who are Amazon Prime members are likely to shop in-store every week, enjoy buying online and picking up in the store, and prefer…
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