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Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Meanwhile in the US, discount store chain Dollar General pulled in approximately $33.75 All consumers love a good bargain. Primed for growth.

Consumer 246
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Independence Day Trends: What Consumers Purchased Fourth of July 2023

Wiser

This year’s Fourth of July was no exception—shoppers were out in full force, taking advantage of discounts and special sales. In this blog post, we will take a look at the shopper data from this past Fourth of July holiday weekend so you can make more informed decisions during the next key selling period.

Consumer 148
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How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

Although there are signs that inflation is easing, higher prices and an uncertain economy continue to impact consumer behavior. Although many customers are “brand loyal,” given the economic environment, stressed consumers nowadays will most often make retailer and product choices with price as the main factor. Today’s Consumer Mindset.

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NRF: Consumers budgeting $875 for holidays

Mass Relators

WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. Regardless of how early consumers start, the majority (62%) expect they won’t finish until December.

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Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

“We want to be the first port of call for brand-conscious and value-conscious Gen Z and millennial consumers,” said Justin Seskin, one of TheDOM.com’s co-founders, along with Thrills director Howard Blend and It Works managing director Paul Downs. . Taking the offline experience online. Our reach is going to be far wider,” he said. “If

Consumer 246
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6 Ways Rising Costs are Impacting Consumer Behavior

Rangeme

Consumers have struggled with rising inflation concerns for well over a year, and the uncertainty has profoundly impacted family spending decisions. As the economic downturn stretches into the second quarter of 2023, consumer confidence is still on shaky ground, even as inflation shows signs of slowing down. In July 2022, only 29.5%

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How can department stores pivot ahead of a spending decline?

Inside Retail

Especially in department stores, where the consumer appetite to spend appears to have fallen so dramatically between November and December? Despite the significant drop in month-to-month department store spending, he said there was a $200 million increase in sales between December 2021 and 2022. “I