Consumer spending on general merchandise finished 2021 up 15% versus the year earlier, with a 6% increase in unit sales, according to The NPD Group, and it wasn’t all holiday action. Although holiday shopping brought positive retail results, the early part of 2021...
Global market research firm Euromonitor International has released its Top 10 Global Consumer Trends 2022 report, which suggests that the year ahead will require adjusting to consumers who have rapidly diversifying preferences and priorities. Euromonitor designed the...
Market research firm and traffic tracker Placer.ai has identified eight retail trends to watch in the year ahead. In a market fundamentally reshaped by the COVID-19 pandemic, retailers need to understand the value of both digital and physical operations to advance,...
The Conference Board Consumer Confidence Index gained in December after an upward revision in November. The Index now stands at 115.8, up from the revised 111.9 figure for November, the Conference Board stated, with a rating over 100 considered a positive sentiment...
An update to its monthly Consumer Behavior & Sentiment Survey, Numerator looked at shopper concerns regarding the Omicron variant of COVID-19. Among the results: 20% of consumers say they are concerned about the Omicron variant, compared to 27% who say they are...
