Affinity Solutions’ Post

Fascinating news from the #retail world: retail sales nearly matched December's holiday spending and have risen significantly year over year. The highest sales were seen in online sales, health and personal care stores, and clothing and accessory stores. I think the future of retail is brighter than we thought! ☀ #RetailSales #Retailers

Retail sales activity surrounding the 2024 Easter season reveals so much more than holiday shopping activity. 🛒🛍️ “Current #retail purchase patterns are being led by the consumer,” says Circana’s Marshal Cohen. Are these lasting changes, or merely short-terms reactions to cumulative financial impacts and looming concerns? That is the big question facing marketers as they wrestle with the decision to make their own changes to chase the consumer, or prepare to adjust and ride the waves of change as they come. https://lnkd.in/diXAQwmK #retailtrends #consumerinsights #genmerch #cpg

Retail sales saw a boost in July, thanks to back-to-school shopping and special promotions. According to the CNBC/National Retail Federation Retail Monitor, sales were up 0.74% from June and 0.92% compared to last year. Online shopping, health and personal care, and clothing stores led the gains. Despite cautious spending, consumers are still finding value in essentials, keeping sales strong. Read more: https://lnkd.in/gTqSCqMi

Retail sales performance is beginning to show signs of stabilization. ⚖ Shoppers are striking a balance in their budgets and are responding to promotions. 💳 However, it is only the older consumers who are increasing their discretionary retail spending. ⭐ As Circana’s Marshal Cohen points out, consumers are willing to spend when the right price aligns with their current needs. 💡 Retail marketers need to think about how to address those unique moments with consumers across all age groups. #RetailSales #RetailTrends #ShopperBehavior

Consumer confidence is still low, but that doesn't appear to be stopping retailers from gearing up for better times hopefully ahead. Some information on October retail sales figures in the link below. #commercialrealestate #retail #christmasshopping

Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor. Dive into the data below via National Retail Federation.

Retail sales activity surrounding the 2024 Easter season reveals so much more than holiday shopping activity.  🛒🛍️ “Current #retail purchase patterns are being led by the consumer,” says Circana's Marshal Cohen. Are these lasting changes, or merely short-terms reactions to cumulative financial impacts and looming concerns? Get the full story below 👇 #Easter #retail #toys

CNBC/National Retail Federation RetailMonitor, powered by #AffinitySolutions just released #February #RetailSales numbers showing a whopping 6.3% growth YOY! Check out #SquawkBox #SteveLiesman 's POV on the #LeapYearEffect in #AffinitySolutions' newsroom: https://lnkd.in/gdjj4vT7 and bookmark the page for the latest in #retaildata and perspectives from the experts. #RetailMonitor #Retailers #Data

The National Retail Federation released its 2024 forecast, predicting that #retail sales will rise between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion, compared with a 3.6% annual sales growth to $5.1 trillion in 2023.

Back to School Shopping and other consumer spending made an impact in July. 📚 “July’s data reflects what we are seeing across the economy, that while consumers remain cautious, they are still spending on essentials when they find value,” says National Retail Federation President and CEO, Matthew Shay. #consumerspending #backtoschool #shopping #retail #retailindustry