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How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

National Retail Federation CEO Matthew Shay put it best, saying “Retailers are providing great products and experiences at the right price levels to help stretch household budgets.”. Retailers can deliver the personalized experiences shoppers expect by leveraging the data in their loyalty programs and looking at members’ purchase history.

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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. Much of its focus is on what it calls “attractive discount markets” such as the UK, the Republic of Ireland and Spain. The psychology behind bargain hunting.

Consumer 246
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NRF: Record numbers turn out to shop

Mass Relators

million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. Retailers saw a sizable uptick of in-store shoppers. More than 122.7

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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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NRF: Consumers budgeting $875 for holidays

Mass Relators

Retailers have been preparing for months to ensure their inventories will meet demand, while at the same time helping consumers maximize their budgets with shopping events and discounts running throughout the extended holiday shopping season,” according to Matthew Shay, NRF’s president and chief executive officer.

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How can department stores pivot ahead of a spending decline?

Inside Retail

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. Mortimer explained that the quick drop can be attributed to the long lead times for deliveries, and that Christmas shopping is mostly done in November.

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6 Ways Rising Costs are Impacting Consumer Behavior

Rangeme

According to a study by Deloitte, consumer concern for rising prices did not fall below 70% at any point in 2022, a trend that has continued during the first few months of 2023. When we look back at data from our mid-year survey in July 2022, 87% of those surveyed said they expected prices to continue to rise into 2023, with 29.1%