“Consumers pulled back in January, taking a breather after a stronger-than-expected holiday season”
Shoppers in “choiceful” and value-conscious mode, NRF says
Electronic paying options, digitization making vending machines more popular
Store brands tallied $271 billion for year
But while total number of shoppers dropped, in-store visits grew, NRF finds
“Even though holiday shopping continues to pull forward, some of the busiest shopping days of the year are during the five-day Thanksgiving weekend”
Despite gains by online sellers, 57% of survey’s respondents lean toward buying in physical locales
Brick-and-mortar locales remain a major draw for shoppers, survey shows
Employment, sales up strongly in month
Subway has the most units, while McDonald’s had the most sales
Spots in LA, Chicago and New York among those in highest demand
“Consumers’ behavior and spending power are tied to their financial health, and the consumer sector looks good at the moment”
Outdoor co-op REI commits to the circular economy by giving gear a second lease of life with its new store concept
While enclosed malls undergo an evolution in the U.S., they continue multiplying abroad
Brick-and-mortar locations boost e-sales by nearly 7 percent, ICSC research shows
Overall retail sales in October were down 0.1% from September but up 2.5% year over year
Fierce competition and eco-concerns will impact market
Sales expected to hit $725 billion by 2032, with in-store sales remaining strong
As a result, many are postponing purchases
Rise follows two months of declines