To say that the last two years have been ones of transition and transformation for brick-and-mortar retailers would be a dramatic understatement. The year of 2017 was one of the worst for brick-and-mortar retail, with several big-name bankruptcy filings and analysts comparing the market to Great...Read more
According to the Q4 2018 Consumer Connect survey from predictive analytics data provider IRI, consumers at the close of 2018 were buoyed by their strong household financial health and were spending online accordingly. Results find that nearly 55% of consumers report their households were in good...Read more
YouTube ranked the most intimate brand among Millennials for the first time, climbing up from third last year, according to MBLM’s Brand Intimacy 2019 Study. MBLM defines brand intimacy as a new paradigm that leverages and strengthens the emotional bonds between a person and a brand.Read more
According to “Crossing the Grocery E-commerce Rubicon,” a new study of the online grocery industry from Israeli AI/robotics technology provider Commonsense Robotics, curbside pickup and online delivery both saw significant growth in 2018. Rollout of curbside pickup locations by major retailers...Read more
Results of an annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics indicate Americans are expected to spend a record amount on Valentine’s Day this year, despite a years-long decrease in the percentage of people celebrating the holiday.Read more
According to the “Digital Commerce Benchmark 2019” from retail research firm Incisiv, the top 200 U.S. retailer sites are lagging consumer expectations for omnichannel commerce. For example, 90% of shoppers like to check local store inventory online and 73% of shoppers prefer buy online pickup...Read more
Data indicates that 28% of consumers say receiving a print and digital ad encourages them to shop a new a store or website or one they don’t shop very often, so integrate print and digital campaigns. Read more
Retail sales in 2019 will rise 5.0%, the fastest growth pace since pre-recession 2006, according to consumer research firm Customer Growth Partners. (The National Retail Federation forecast sales predicted that retail sales in 2019 will increase between 3.8% and 4.4%.)Read more
PSA Group, which manufactures brands including Peugeot, Citroen and DS Automobiles, wanted to re-engage local garages with the brand as it looked to boost its share of the £21.6bn aftermarket sector.Read more
The 76-year-old Swedish furniture giant is poised to make its first foray into the rental economy with a pilot project leasing office furniture to businesses in Switzerland. Based on the success of the pilot, the subscription model could be extended other Ikea products from kitchens to sofas....Read more
Millions of Chinese people across the world are celebrating Chinese New Year today. It is the most important holiday in the Chinese calendar and, according to the 12-year cycle of the Chinese zodiac, 2019 is the Year of the Pig.Read more
Survey results indicate that e-commerce shoppers take care of themselves first. Thirty percent of total U.S. consumers purchase home care products online. This includes 43% of Millennials, 36% of Gen Xers, 27% of Baby Boomers and 19% of seniors.Read more
