Juli Lennett’s Post

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

💳 🛍 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

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

Dismal weather and disappointing sales led to a depressing start to spring for retailers, even accounting for the change in timing of Easter, according to data from the British Retail Consortium https://lnkd.in/ezqkuQPu #retail #retailnews #retailsales #shopping #consumerbehaviour #consumerinsights #consumerspending

How did retail sales do at the start of 2024? Pretty well, we think! 🙌🏻 January saw the biggest monthly growth since April 2021, with a 3.4% jump in retail volumes. From food to non-food sectors, the market is buzzing. 📈 It's great to see the retail sector come back, and we hope to see more over the course of the year. What's on your shopping list? Let us know in the comments. #Retail #eCommerce #RetailSales #OnlineShopping

Dismal weather and disappointing sales led to a depressing start to spring for retailers, even accounting for the change in timing of Easter, according to data from the British Retail Consortium https://lnkd.in/ezqkuQPu #retail #retailnews #retailsales #shopping #consumerbehaviour #consumerinsights #consumerspending

Retail sales volumes fell by 3.2% in December 2023, the largest monthly fall since January 2021 when lockdown restrictions were in place, according to the latest figures from the Office for National Statistics (ONS). #retailsales #retail #retailing

📈 #Retail sales surprised everyone with a 0.3% boost in November, as Americans turned up their spending for the holiday season! Despite challenges like higher prices, shoppers hit the stores, restaurants, and online platforms. 🛍️💻 #RetailSales #HolidayShopping #EconomicUpdate #RetailStat

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