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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. However, the report indicates that consumer fears about inflation have not been inflated.

Consumer 236
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Biryani instead of meatballs: Here’s Ikea’s recipe for success in India

Inside Retail

We’re still in the nascent stages in terms of home furnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. We’ve always taken these nuances into account and worked with it.”. Food is an important part of Indian consumers’ lives,” said Kavitha Rao, India’s chief commercial officer.

Insiders

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A Generational Analysis of Today’s Home Improvement Customers

Retail TouchPoints

During the pandemic, the relationship between homeowners and their homes fundamentally changed, as lockdowns, social distancing guidance and quarantine protocols left many consumers with an abundance of time to stare at their own four walls. This makes them a great target audience for brands in the home improvement space.

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Opinion: Welcome to Walmart, where boring is beautiful

Inside Retail

International: India, Mexico and China lead The big three in Walmart’s sights outside the US are India, Latin America (including Mexico), and China, which the company predicts will account for three-quarters of its international growth over the next several years. In China, year-on-year sales grew by 11.3 per cent on a comparable-store basis.

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November sales dip vs. October, up from last year

Mass Relators

Consumers continued to spend on household priorities and holiday gifts for loved ones this November despite continued inflation and rising interest rates,” NRF President and CEO Matthew Shay said on Thursday. Furniture and home furnishings stores were down 2.6% General merchandise stores were down 0.1% unadjusted year over year.

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NRF: Retail sales rebounded in March

Mass Relators

WASHINGTON – Retail sales rebounded with huge gains in March as government checks fattened consumers’ bank accounts and more vaccination against COVID-19 made it easier for shoppers to get out of the house and lead the acceleration of the U.S. Furniture and home furnishings stores were up 5.9 unadjusted year-over-year.

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Guest Post: Understanding Digital Customer Experience in Retail Industry

Hyken

Did you know that 70% of consumers have stopped doing business with a brand following a poor customer experience? It helps in the identification of the right products for the targeted consumer segment. . Retailers must keep up with consumer demands for new channels, faster service, and a more seamless experience.