Home Industry News

Industry News

recommerce

The Rise of Recommerce — Discount and Thrift Retail Booming

Inflation has been eating away at consumers’ wallets for nearly three years and some retailers are starting to see a tide change as more...
shopping

Restaurants Experience a Decline as Shopping Centers Thrive

With the first half of 2024 officially behind us, it’s time for retailers to look forward to and prepare for the shopping trends to...
omnichannel

New Report Reveals Omnichannel Shopping Preferences

The post-pandemic omnichannel retail landscape looks vastly different than it did in 2019. With consumers stuck inside their homes for months on end, online...
back-to-school

Back-to-School Shopping Has Already Begun

As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, according...
holiday

Black Friday and Cyber Monday are Not Critical for Most Holiday Shoppers

A new survey from Basis Technologies found that 54% of holiday shoppers don’t view Black Friday and Cyber Monday as essential for their needs....
small business

Small Business Sales Slow as Consumers Pull Back

Fiserv, Inc. just published the Fiserv Small Business Index for June 2024, which found that on a year-over-year basis, both small business sales (+1.6%)...
marketing

Digital Platforms and IARD Enhance Online Marketing for Alcohol

In response to an initiative from alcohol advertisers, leading digital platforms Meta, TikTok, Snap, X, Pinterest and YouTube are taking robust steps to strengthen...
spaving

Spaving: The New Consumer Trend

Despite a slight ease of inflation in April, the consumer price index remained elevated, showing a 3.4% increase compared to the previous year. Nevertheless,...
retail

Retail Sales Data for May Shows a Reasonably Healthy Consumer

Data released by the U.S. Census Bureau last week shows retail sales grew again in May and helped drive a still-expanding economy, National Retail...
gift card

Men Emerge as Primary Gift Card Purchasers in the U.S.

New research from Blackhawk Network (BHN) reveals shifting gift card and gifting preferences among U.S. consumers. Among the most notable shifts found in the research: men...