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Retail Statistics You Should Know

Small Biz Trends

The retail market size is continuously growing. According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% What’s more, retail trade added 4.8 trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ).

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Summer 2021 Trends to Look Out For on Retail Shelves

Rangeme

While this summer offers a little more freedom than summer 2020, as COVID-19 restrictions lift in various parts of the country, many consumers are still being cautious and sticking close to home. Grocery store purchases were up across just about every category for 2020, thanks to reduced or complete lack of indoor dining.

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Retail Springs to Life

Independent Retailer

Retail experts are expecting a huge boom in brick-and-mortar sales come the spring and summer months since the vaccine rollouts are making consumers more comfortable to shop in person. Now is the time to get ready to fully reopen and for brick-and-mortar retail to come back to life. Post-Pandemic Retail Trends.

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Tiffany’s Strategy, 3 Things to Consider

Indigo 9 Digital

since it was acquired by luxury conglomerate LVMH in October of 2020. LVMH bought the storied jewellery retailer for $15.8 In July of 2021 Tiffany launched its “Not Your Mother’s Tiffany campaign” which boldly featured those words on social media as well as outdoor signage. “‘Not Do you like this content?

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Springfields Outlet and Leisure sees in the New Year with final week sales up on 2019

A1 Retail

Since the reopening of retail post-lockdown in April 2021, weekly sales have consistently delivered double-digit growth up on 2019, culminating in the final Christmas week with sales up +19%, again vs 2019. Comparable December turnover lifted +30% vs. 2020 outside Covid restrictions periods.

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How Toys, Games, and Puzzles Became Essential During COVID-19

Rangeme

percent growth from 2019 to 2020 in a category that experienced a 4.5 During ECRM’s Toy Program held earlier this month, I participated in virtual meetings with a dozen buyers from a variety of retailers ranging from large national chains to online and specialty retailers, both in the U.S. Outdoor activities.

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The Top Shopping Mall Trends To Watch Over the Next Decade

Indigo 9 Digital

In the past as much as 70% of the stores in a typical mall were allocated to soft goods retailers selling footwear and apparel. By 2020 Americans only spent a paltry 2.4% But that is changing since we simply aren’t spending as much on clothing as we used to. In 1920 Americans spent 17% of their income on clothing.