Jonathan Levinson 🟩’s Post

💡 5 Reasons people leave your stores without buying anything (and how to fix it) We’re shedding light on the most common reasons consumers leave a store without buying anything, along with handy advice on how to improve📈. #RetailSales #Retail #RetailOperations https://lnkd.in/dD5nR5rh

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

💳 🛍 May's Retail Surge: Retail sales soared by 1.35% month-over-month, highlighted in the latest CNBC/National Retail Federation Retail Monitor, powered by Affinity Solutions. A standout performance was seen in online sales, which leapt by an impressive 17.91% YoY, demonstrating the growing consumer preference for digital shopping experiences. Want to understand what’s fueling this shift and its impact on other retail categories? Read more to uncover the consumer trends driving the retail market forward. https://lnkd.in/er_h8sh9 #retailintelligence #consumerpurchaseinsights #onlineshopping

Value retail is having its moment as consumers “trade down” and search for value. Here’s a look at who’s thriving

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

RSR Research (Retail Systems Research) sheds light on the status of the physical store in its upcoming report: ✅ the majority of sales still take place in store ✅ the store remains the primary strategy for growth ✅ customers want access to the same product information in store as they get across other channels But, as they conclude, 'without significant effort on the part of retailers to improve the in-store shopping experience, taking this reality for granted seems short-sighted'. Contact us to find out how to take action to improve your in-store shopping experience: https://lnkd.in/eH82MNzN #retailing #technology #customerexperience

More than ever, consumers are prioritizing quality in their purchases and experiences, and it is crucial that mall businesses seek to stand out not only with their products but also in their understanding of guests' purchasing decisions. Learn more about the importance of quality via Retail Dive's article: https://bit.ly/4ekQYHs #CBLProperties #MallIndustry #Retail #ChainStoreAge #CustomerExperience #ShoppingHabits

Retailers are investing in both online and physical stores, creating hybrid shopping experiences aimed at driving consumer loyalty. 🛍️ Our CEO, Jonathan Silver, tells Forbes: "In the face of fluctuating economic tides, 2024 is shaping up to be a year of strategic consumer adaptation. The robust growth in the online sector underscores a consumer trend favoring convenience, with incentives such as complimentary shipping and hassle-free returns proving to be key differentiators." Read the full article 👉 https://lnkd.in/eDWzQfRe #retailintelligence #retailtrends

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

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