Consumer Trends: Page 2
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How good is secondhand apparel for the planet, really?
Consumers and brands are embracing resale as a way to address fashion’s poor environmental track record, but it may be too little, too late.
By Daphne Howland • April 19, 2023 -
Deep Dive
Resale’s big secret? It may need stores
To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.
By Daphne Howland • April 17, 2023 -
Trendline
Retail Dive's DTC outlook for 2023
A look at DTC trends and predictions for what direct-to-consumer brands can expect in the year ahead.
By Retail Dive staff -
Most Gen Z, millennial online beauty shoppers are waiting for a bargain: report
These consumers will risk a product becoming out of stock rather than pay full price, according to a study by ESW.
By Tatiana Walk-Morris • April 14, 2023 -
Will National Shopping Outlet Day bring in shoppers amid continued inflation?
Simon’s event will occur in June — and perhaps kick off a summer sale period — as consumers continue to wrestle with the impact of inflation
By Tatiana Walk-Morris • April 13, 2023 -
More than 50K stores may close by 2027: UBS
Small chains are most at risk due to lack of capital to build an omnichannel offering.
By Nate Delesline III • April 12, 2023 -
American Eagle jumps into secondhand sales via ThredUp
The retailer is the latest to sign onto the used-apparel site’s quickly expanding resale platform.
By Daphne Howland • April 11, 2023 -
Online prices fell by 1.7% in March: report
Categories including home and garden, appliances and electronics continue to see price drops.
By Tatiana Walk-Morris • April 11, 2023 -
Sponsored by Mood Media
How one retailer is making real customer connections
Creating memorable experiences that capture the attention of your shoppers requires a combination of media solutions that stimulates all of the human senses.
April 10, 2023 -
Gen Z still loves Nike, American Eagle
Amazon remained teens' favorite e-commerce destination above brands’ direct-to-consumer sites, according to a survey by Piper Sandler.
By Dani James • April 7, 2023 -
Walmart to install EV chargers at thousands of stores by 2030
The big-box retailer already has around 1,300 chargers at 280 of its sites but plans to further leverage its vast store network.
By Jessica Loder • April 7, 2023 -
ThredUp: US resale market projected to reach $70B by 2027
That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.
By Tatiana Walk-Morris • April 5, 2023 -
Deep Dive
Which mall in this California city can survive?
A real estate mogul made his mark on three major shopping centers in Sonoma County wine country. His original vision from 1950 may be the winner.
By Daphne Howland • April 5, 2023 -
Sponsored by Anaplan
Retailers must reimagine demand planning to unlock forecast accuracy
Springs Window Fashions and Lodge Cast Iron transform demand planning with Anaplan.
April 3, 2023 -
Column
The Weekly Closeout: Apple introduces a pay later option and Walmart gives early access to Oreos
An initial version of a BNPL service was introduced by Apple, while Walmart+ members get first dibs on the cookie brand’s new Blackout Cake flavor.
By Retail Dive Staff • March 31, 2023 -
Podcast
The Backroom: Unearthing financial details about J.C. Penney
The team talks about the treasure trove of information on the department store’s financial health, found thanks to a tip from one of its new owners.
By Retail Dive Staff • March 30, 2023 -
Sustainable products took more market share last year: report
Despite high inflation and a price premium, shoppers continued to buy products marketed as sustainable, according to a report from Circana and the New York University Stern Center for Sustainable Business.
By Tatiana Walk-Morris • March 28, 2023 -
Prestige is ‘growth engine’ for beauty industry: report
Shoppers aren’t cutting back on their beauty spending and are turning to prestige products for an emotional lift, according to Circana.
By Tatiana Walk-Morris • March 27, 2023 -
75% of marketers expect to spend more on TikTok even as ban looms
As the battle over the future of TikTok intensifies, 56% of marketers believe it is highly or somewhat unlikely that the federal government will ban the platform.
By Chris Kelly • March 24, 2023 -
BNPL firms snag consumers at checkout: J.D. Power
As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.
By Tatiana Walk-Morris • March 21, 2023 -
Over half of Gen Alpha watch shopping content: report
Many kids get ideas about new products and brands by viewing haul and unboxing videos, according to a report by Morning Consult.
By Tatiana Walk-Morris • March 16, 2023 -
Over 1 in 10 business leaders plan to switch to DTC model in 2023: study
Companies cited better relationships and lifetime value with their customers as the biggest benefits of adopting the model, according to Circuit.
By Howard Ruben • March 13, 2023 -
What can The Container Store learn from Sephora?
CEO Satish Malhotra joined two years ago, and he’s using his experience at the beauty company to freshen up the home retailer’s strategy.
By Cara Salpini • March 13, 2023 -
What to watch in the DTC space in 2023
Increased competition, layoffs and shifting channels are a few challenges direct-to-consumer brands are facing this year.
By Retail Dive Staff • March 13, 2023 -
Column
The Weekly Closeout: Adidas left with $1.3B in Yeezy shoes, Dick’s Sporting Goods, NCAA partner for March Madness
The activewear brand ended its relationship with Ye last October with lots of inventory, while Dick’s is the exclusive partner for the championship season.
By Retail Dive Staff • March 10, 2023 -
Ulta tops $10B in revenue as beauty stays resilient
The retailer saw double-digit growth across all major categories, with new brands and product innovation helping to increase sales in the fourth quarter.
By Dani James • March 10, 2023