Category: Retail Trends

October 23, 2020

The coronavirus pandemic will have a profound impact on holiday shopping due to dramatically changed shopping behaviors. Customers want to feel safe shopping in stores and are spending money in different categories than last year, as we go into the […]

October 23, 2020

Fashion retailers claiming to prioritise sustainability will have to start providing evidence to convince consumers who are “no longer willing to take green efforts at face value”. According to leading data and analytics company GlobalData, consumers increasingly “want proof” from […]

October 20, 2020

By this time each year, the National Retail Federation (NRF) would be out with its holiday retail forecast. But 2020 has been a year like no other, so NRF begged off making their prediction until November. Comparing the forecasting process […]

October 16, 2020

Consumers spent at a much faster pace than expected in September, with retail sales rising 1.9% in a sign that the U.S. economy’s biggest driver remains healthy. Economists surveyed by Dow Jones expected sales to increase 0.7%, up from a […]

October 15, 2020

ASOS CEO Nick Beighton is concerned about Christmas despite ASOS profits increasing by 329% to £142m in the year to August 31, with group revenue up 19% to £3.26bn. His customers have seen their lives change significantly – less glam […]

October 12, 2020

After months of speculation around just when Amazon would go through with its annual Prime Day sale, usually held in July, it has finally landed in mid-October. That timing could turn out to be a boon not just for Amazon, […]

October 9, 2020

Health and wellness is a broad opportunity embraced by everyone from CVS to Lululemon and Whole Foods. Petco wants in on the action. The pet chain announced it is rebranding itself as “Petco, The Health + Wellness Co” from the […]

October 8, 2020

The coronavirus pandemic disrupted virtually every segment of the retail industry and created an incomparable sense of uncertainty. Between dealing with both supply and demand issues, an economic downturn and temporary store closures en masse, the effects of the past […]

October 7, 2020

While the president seemed to walk back his worrisome tweet later in the evening Tuesday, his chief of staff, Mark Meadows, reiterated Wednesday morning that the talks between the administration and Congressional leaders are indeed off, according to a tweet […]

October 6, 2020

Walmart is launching health plans through a new brokerage that will be available for the first time for seniors signing up this fall for Medicare medical and drug benefits in 2021. The move announced Tuesday by Walmart comes at a […]