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Consumers Just Keep Spending Online: Here’s How to Keep it Going this Holiday Season and into 2024

Retail TouchPoints

However, the overall data masks some key data points that may be of concern to retailers, including data showing declines in discretionary categories such as furniture (-1.0%) and sporting goods (-1.6%). And with less inflation, consumers will regain some spending power. But there are possible headwinds on the horizon.

Consumer 292
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Dick’s Sporting Goods’ preps new outdoors concept for city dwellers

Retail Wire

Dick’s Sporting Goods is launching a new outdoors concept called Public Lands with two stores: one in Columbus, OH, and the other in Pittsburgh. Shops within the store will feature products for dedicated activities such as biking, camping and hiking.

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Q2 2020 Results: Digital Still Dominates As Consumers Reduce Shopping Trips / Minimize Shopping Trips

Retail TouchPoints

Some companies are still doing well despite a relative lack of e-Commerce infrastructure, but even they are expected to level up as consumer behaviors continue to evolve. Retailers riding current consumer trends can make the most of the moment by investing in omnichannel services. and a same-store sales increase of 18.8%.

Consumer 132
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POST COVID-19 Outlook on Sporting Goods Industry & Market Trends: The Good, The Bad and The Greatest Opportunities Ahead

RETAIL MANAGEMENT SOFTWARE

Over the next five years towards 2025 , according to IBISWorld’s analysts’ early forecasts the sports participation was expected to spur the pent-up demand for Sporting Goods and supplies. First what do we know about the sporting goods industry and who are the main players? Industry Definition and Categories.

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Q2 2021 Roundup: How Target, Macy’s and Foot Locker Harnessed Consumer Optimism

Retail TouchPoints

The spring and early summer was an optimistic time for many consumers who finally emerged from lockdowns looking to refresh their wardrobes and find items suited for smaller local outings during the warmer months. Retail rode strong into Q2 2021 as shoppers returned to stores even as digital sales remained elevated.

Consumer 313
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Why Wilson is bringing its A-game to physical retail in the US market

Inside Retail

Wilson Sporting Goods Co recently unveiled its first retail store in California, located within the well-known Third Street Promenade shopping district in Santa Monica. The store will feature an in-store area for consumers to trial products, including a basketball hoop, hitting wall and on-site racquet stringing.

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#TBT: Service Merchandise Was the OG Multi-Channel Shopping Experience

Retail TouchPoints

Service Merchandise was a bit more fun than today’s similar IKEA shopping experience because it carried more than mediocre DIY housewares and furniture. (No They offered a breadth of inventory that included fine jewelry, toys, sporting goods and electronics. At its peak, the company achieved more than $4 billion in annual sales.