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Early data suggests apparel, groceries drove December retail sales growth

Inside Retail

Consumers spending on apparel rose by 6.7 per cent and home furnishings at 2.4 The post Early data suggests apparel, groceries drove December retail sales growth appeared first on Inside Retail. Despite inflationary pressures and rising living costs, retail spending increased 1.7 per cent, on groceries by 6.6

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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 243
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Parachute Names First Chief Merchandising Officer as it Looks to Grow Assortment

Retail TouchPoints

The multi-category home company was founded as an online-only business in 2014 and has since expanded into brick-and-mortar with 13 storefronts, recently launched in Canada and continues to grow its category assortment, which now includes mattresses, apparel and furniture.

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Wesfarmers to merge back ends of Target, Kmart businesses

Inside Retail

The changes only occur on the business’s back end, with Target and Kmart remaining separate consumer-facing brands and store staff unaffected, Bailey was quoted by the Australian Financial Review (AFR) as saying. Kmart will continue to be price-driven and Target largely centred on affordable apparel and soft home furnishings, he added. “I

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Rising sales are hiding retailers’ anguish, says ARA chief

Inside Retail

Releasing the latest monthly Mastercard SpendingPulse data this morning, that covers June, Zahra says consumer spending continued its strong trajectory, rising 11.1 per cent, on home furnishings by 6.5 per cent, and apparel by 2.4 per cent year on year. per cent and 23.2 per cent respectively. per cent, electronics by 4.8

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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

YoY; Furniture and home furnishings stores: Up 5.9% Conversely, categories like apparel skewed positive last month due to retailers mostly being closed at this time in 2020. For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6% unadjusted YoY.

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Address Labor Shortages by Creating Attractive Retail Career Paths

Retail TouchPoints

In combination with changes in worker attitudes and consumer behavior, these shifts have weakened the industry’s long-standing low-wage model. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and home furnishings verticals.