As the retail year winds down, the Numerator 2022 Holiday Gifting Shopping Preview provides a revealing overview of what shoppers will buy, how much they plan to spend, and when and where they intend to purchase gifts, according to the market researcher. Among the...
The annual consumer survey from the National Retail Federation and Prosper Insights & Analytics indicated that Mother’s Day spending in 2022 will total $31.7 billion, up to $3.6 billion from record 2021 spending. About 84% of adults in the United States plan to...
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...
Although Covid-19 continues to make its effects felt in the marketplace, results from the Deloitte 36th annual Holiday Retail Survey indicate that consumers will spend an average of $1,463 per household in the festive season this year, up 5% from 2020. Deloitte, as...