Consumer Trends
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Courtesy of Bath & Body Works
New products boost Bath & Body Works in Q1 as candle sales decline
With steeper competition, the retailer is losing market share, including in one of its signature product lines, according to GlobalData research.
By Daphne Howland • June 4, 2024 -
Poike via Getty Images
Global online retail sales to hit $6.8 trillion by 2028
In the U.S. alone, online sales will reach $1.6 trillion by that period, up from $1 trillion in 2023, according to a recent report from Forrester.
By Howard Ruben • June 4, 2024 -
Trendline
Digital innovation and technology trends in retail
From drones to smart fitting rooms, to cashless purchases to virtual meditation, how the consumer engages with retailers continue to evolve.
By Retail Dive staff -
Kendall Davis/Retail Dive
Podcast
The Backroom: Lee Peterson and the hard truth about retail stores
E-commerce keeps growing because it’s easier to shop online. To survive, brick and mortar needs a good reason, too.
By Retail Dive Staff • May 30, 2024 -
jacoblund via Getty Images
Debit cards face rising digital wallet competition: report
Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.
By Patrick Cooley • May 29, 2024 -
Daphne Howland/Retail Dive
Foot traffic expected to rebound to pre-pandemic levels: report
Though not yet fully restored, retailers are reporting a corresponding uptick in sales, which have surpassed pre-pandemic levels, according to CBRE.
By Xanayra Marin-Lopez • May 23, 2024 -
Sam Silverstein/Retail Dive
Target to cut prices on 5K items
The initiative follows several recent moves by the retailer to appeal to value and price-sensitive consumers.
By Nate Delesline III • May 20, 2024 -
Courtesy of Walmart
Walmart wants shoppers across incomes to feast on its new private brand
Findings from Numerator suggest the retailer’s bettergoods line appeals to lower-income and higher-income consumers, but for different reasons.
By Catherine Douglas Moran • May 20, 2024 -
Creative via Getty Images
Consumers ‘trading down’ to cheaper goods online: report
Even as e-commerce spend in the first four months of the year grew to nearly $332 billion, shoppers are buying cheaper goods across categories.
By Tatiana Walk-Morris • May 14, 2024 -
Courtesy of Brooks Running
Brooks Running reports ‘highest quarterly results in brand’s history’
The DTC brand said its Q1 success is due in part to its multichannel strategy and product innovation.
By Suzette Parmley • May 8, 2024 -
Tirachard via Getty Images
Influencers sway consumers but authenticity loses some clout, study says
Attitudes toward AI creators are mixed, and only 35% of Gen Zers say authenticity is what they care most about from influencers.
By Aaron Baar • April 30, 2024 -
Cara Salpini/Retail Dive
Over 45K retail stores may close in next 5 years: UBS
E-commerce penetration is expected to rise, helped in part by third-party players like Temu and Shein, according to a new report.
By Nate Delesline III • April 29, 2024 -
Cara Salpini/Retail Dive
Alo Yoga, Vuori gaining share in activewear market, report finds
The DTC brands, which share shoppers with Lululemon and Nike, are growing as rivals like Under Armour contract, according to an Earnest Analytics report.
By Cara Salpini • April 26, 2024 -
Kendall Davis/Retail Dive
Podcast
The Backroom: With more closures ahead, what’s next for Macy’s?
Under a new CEO, the iconic department store is fielding a $6.6 billion takeover offer, shuttering another 150 stores and fighting to stay relevant.
By Retail Dive Staff • April 25, 2024 -
Courtesy of RTIC
RTIC Outdoors expands into Walmart
The drinkware and cooler brand is selling 55 of its best-selling products in 3,800 of the mass merchant’s stores as well as on its website.
By Suzette Parmley • April 24, 2024 -
Dimensions via Getty Images
What Q1’s retail sales say about the consumer in 2024
In the first three months of the year, a strong job market and wage gains helped buoy consumer spending, but some analysts warn it may not last.
By Daphne Howland • April 24, 2024 -
Courtesy of Universal Standard
Universal Standard launches size exchange program
The campaign, dubbed Fit Liberty, allows customers to replace items with ones in a different size at no cost.
By Howard Ruben • April 22, 2024 -
Courtesy of Under Armour
Deep DiveGolf fashion moves into the mainstream
A new line from Tiger Woods, LVMH's latest collaboration with Tyler, the Creator and indie brands are helping to bring the sport from performance wear to streetwear.
By Howard Ruben • April 16, 2024 -
Storyset
Sponsored by Cart.comThe power of post-purchase engagement: Strategies for lasting customer loyalty
From order confirmations to delivery surprises, the post-purchase experience is where loyalty is forged and advocacy blossoms.
April 15, 2024 -
Sviatlana Zyhmantovich via Getty Images
BNPL users report problems with overspending, missed payments: survey
Consumers are using buy now, pay later services to spread out their cash flow, according to a new Bankrate report.
By Tatiana Walk-Morris • April 12, 2024 -
Daphne Howland/Retail Dive
Nike remains a top brand for teens, but shows signs of wavering interest: survey
The brand is still leading the way in footwear and clothing, but is beginning to lose share to On and Hoka.
By Tatiana Walk-Morris • April 10, 2024 -
gmast3r via Getty Images
Sponsored by SlackAI in retail: Start small and think big
How to start using AI and automation in retail to better serve employees and customers.
April 8, 2024 -
Photo Illustration by Drew Angerer via Getty Images
Shein, Temu have high customer overlap with TikTok Shop: report
Even while facing a potential ban in the U.S., the platform is dominating social shopping, an Earnest Analytics report finds.
By Tatiana Walk-Morris • April 5, 2024 -
Courtesy of Grove Collaborative
Grove Collaborative refreshes core brand Grove Co.
The company is consolidating all of its private brands under one label as it looks to increase its visibility on retail shelves.
By Suzette Parmley • April 2, 2024 -
damircudic via Getty Images
More than half of shoppers would use generative AI for clothing purchases: Adobe
Seventy-one percent of respondents said they think using the technology to try on products virtually would boost their buying confidence.
By Tatiana Walk-Morris • April 1, 2024 -
Rudzhan Nagiev via Getty Images
Sponsored by FireworkThe future of e-commerce is video: 5 undeniable consumer stats
Consumers want more product videos and they want them now. It’s time to start thinking video-first.
April 1, 2024
