Consumer Spending

Petco Aims to Be the Go-to Retailer for All Things Pets
Petco Aims to Be the Go-to Retailer for All Things Pets
November 29, 2023  |  Earnings

As every retailer looks to define what value means to their customer, pet health and wellness company Petco is finding that offering pet parents solutions...

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Black Friday Becomes Bleak Friday for Some Retailers
Black Friday Becomes Bleak Friday for Some Retailers
November 29, 2023  |  Retail

So far, this year’s holiday has been one of superlatives. Record online spending on Black Friday. Record Cyber Monday sales. The most people ever to shop during Thanksgiving weekend....

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Brands Target Families With Children to Boost Cross-Sales and Loyalty
Brands Target Families With Children to Boost Cross-Sales and Loyalty
November 29, 2023  |  Loyalty & Rewards

Families with children constitute the largest group of consumers with merchant or store credit cards — more than millennials, baby boomers, childless couples or high-income...

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42% of Consumers With Retail Subscriptions Shop Less Often at Physical Stores
42% of Consumers With Retail Subscriptions Shop Less Often at Physical Stores
November 29, 2023  |  Subscription Commerce

Retail subscriptions represent a key growth segment for online merchants. Not only do 4 in 10 millennials satisfy most or all their shopping needs via...

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NRF Reports Record 200 Million Consumers Shopped During Thanksgiving Weekend
NRF Reports Record 200 Million Consumers Shopped During Thanksgiving Weekend
November 28, 2023  |  Retail

The Thanksgiving holiday weekend saw a record-breaking number of consumers engaging in shopping. Over the five days from Thanksgiving Day through Cyber Monday, 200.4 million...

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MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
November 28, 2023  |  Retail

Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious...

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Black Friday Sees Spending Surge Despite Inflation
Black Friday Sees Spending Surge Despite Inflation
November 28, 2023  |  Consumer Insights

Despite inflationary pressures and all the voices warning that this year’s Black Friday was going to be one of restraint, nearly 8.6% more consumers say...

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Consumers Show Improved Confidence in November but Fear Recession
Consumers Show Improved Confidence in November but Fear Recession
November 28, 2023  |  Consumer Insights

The latest data from The Conference Board showed that consumer confidence rebounded a bit in November. The question remains as to how long, or whether,...

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Cyber Monday Spending Projected to Reach Record $12 Billion
Cyber Monday Spending Projected to Reach Record $12 Billion
November 28, 2023  |  Retail

This year’s Cyber Monday spending is projected to top $12 billion as consumers seek deals. That spending amount — a record — marks a 9.7%...

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