Loss Prevention Magazine’s Post

“People just generally like to go to the stores during this time of year, it puts them in the mood. They go get some hot chocolate or something from one of the food stands. There’s just something about it.” It’s that special time of year for retailers – holiday shopping season. And it’s a fact – stores do spark joy during the holidays. More from Retail Dive on the holiday shopping vibe and how stores can encourage foot traffic: https://lnkd.in/dmraKEJM   #peoplefirstretail #customerservice #retailin2024 #knowyourcustomers #brickandmortar

In the home stretch for holiday shopping. Interesting read on holiday shopping trends.

Check out these insights from Circana's annual Holiday Shopping Intentions study. While 37% said they will buy on promotion, consumers also say they will be spending MORE this year compared to last year. #toynews #holiday #retail #toyindustry

Retailers are gearing up for a big holiday shopping season, with an expected $989B in sales across November and December, a 3.5% increase from last year. According to Bisnow’s “The First Draft” e-newsletter, brick-and-mortar is making a big comeback! The National Retail Federation predicted 131.7 million people would shop in-store on Black Friday — that’s a solid 65% of shoppers who prefer the in-person experience and many choosing locations in neighborhood strip centers that shoppers can easily swing into. With consumer confidence reaching two-year highs and the economy looking up, people are feeling more optimistic and ready to spend this season. To subscribe to the newsletter, visit https://lnkd.in/etFMExtH #mpshoppingcenters #cre #HolidayShopping #brickandmortar #RetailTrends

Last year was a festive rush and nail-biting retail race to the finish due to low consumer confidence and that extra weekend before Christmas enabling more delivery time and last-minute purchases. (And, grandparents stepping in to make sure that Christmas was magical for the whole family!) Juli Lennett and the Circana team just published their annual Holiday Shopping Intentions study and we see a more optimistic outlook as consumers actively seek out holiday traditions that bring us back to a sense of normalcy and much needed joy and plan to lean into gift giving and ‘retail therapy’ to alleviate stress. And yes, it’s also about the deals, deals, deals! As we stand on the brink of Amazon Prime’s Big Deal Days starting tomorrow, it promises to be a fascinating unfolding. Will the early deals spread out the shopping frenzy or intensify it? How will other retailers respond to this early start to the discount season? This evolving dynamic offers invaluable insights into consumer behavior and retail strategies. It’s a crucial time for us in marketing to observe, learn, and adapt. It begins! Let’s go! #Circana #HolidayShopping #ConsumerBehavior #MarketingStrategy #AmazonPrimeDay #RetailTherapy

✨ Why Physical Retail Stores Still Shine Bright This Holiday Season ✨ In an age of one-click purchases and lightning-fast deliveries, there's something undeniably magical about stepping into a physical retail store during the holidays. According to a recent Retail Dive article, 45% of consumers say shopping in-store brings them joy—from soaking in festive decorations to discovering unique finds on the shelves. https://hubs.ly/Q02Zx_s_0 Stores aren’t just places to shop; they’re spaces to connect. Whether it’s the personal touch of a recommendation from a friendly associate, the excitement of seeing and touching a product before buying, or the nostalgic charm of holiday displays, brick-and-mortar stores continue to offer experiences that online shopping simply can’t replicate. This holiday season, retailers can harness this unique appeal by: 🎄 Creating immersive, festive atmospheres 🎁 Offering exclusive in-store promotions 🤝 Focusing on exceptional customer service Let’s celebrate the magic of physical retail! What’s your favorite part of holiday shopping in-store? #RetailTrends #HolidayShopping #CustomerExperience #RetailInnovation

📈 Retail #REITs Optimistic About Strong Holiday Shopping Season – What It Means for 2025 🎄 The holiday shopping season this year was short, with only 27 days between Thanksgiving (Nov. 28) and Christmas. Despite this, holiday spending is projected to reach up to $989 billion – a 3.5% increase from last year. Here’s a look at how Retail REITs are reacting to this season’s trends and their outlook for 2025. 🎁 Holiday Spending Surge: * National Retail Federation forecasts $989B in sales, up 3.5% from 2023. * 78% of consumers made in-store or online orders for in-store pickup (ICSC survey). * Consumers are still returning to brick-and-mortar shopping despite inflation and debt concerns. Urban Edge Properties: * Retail properties between Washington, D.C. and Boston show strong foot traffic and sales growth. * "The consumer is more resilient than expected," says Jeff Mooallem, COO. Tanger: * Promoted Black Friday sales early, starting in November to increase foot traffic. * Leslie Swanson, EVP, highlights higher-than-expected traffic well before Black Friday. Macerich: * Tysons Corner, Scottsdale Fashion Center, and FlatIron Crossing saw 5.6% higher traffic over Black Friday weekend. * Michael Guerin, EVP of Leasing, notes shoppers remain value-driven and respond well to promotions. CBL Properties: * Mid-single digit increases in traffic, even on traditionally slower days like Cyber Monday. * Stephen Lebovitz, CEO, points out strong sales from retailers like American Eagle and Lululemon. Brands Winning This Holiday Season 🏷️✨ Top Performers: * Legacy brands like Gap and Abercrombie are seeing a strong comeback. * Activewear brands like Lululemon, TJ Maxx, Burlington, and Nike generating solid traffic. Successful Categories: * Beauty products, department stores like Dick's Sporting Goods, and restaurants performing well. * Movie theaters benefiting from blockbuster hits like Gladiator II, Wicked, and Moana 2. Retail REITs are Feeling Optimistic: * Tanger’s Leslie Swanson sees positive momentum, focusing on value and expanding retailer portfolio. * Urban Edge Properties’ Jeff Mooallem sees great supply-and-demand metrics, positioning REITs for long-term success. * CBL’s Stephen Lebovitz sees consumer preferences influencing future investment decisions. https://lnkd.in/gUrAKb9v

The holiday retail season is no longer a sprint; it’s a marathon. Deal days now stretch from early October through Christmas, reshaping how consumers shop and how retail properties operate. According to JLL’s Holiday Shopping Report 2024, nearly 50% of consumers begin shopping before Halloween, and 95% will have made their first purchases by mid-December. While the season now spans months, traditional big deal days like Black Friday still hold strong appeal. Gen Z shoppers, in particular, show renewed interest in the in-store experience, with over 70% planning visits on Black Friday. High-income buyers also continue to prioritize these key shopping days. Retail property managers are meeting the moment by prioritizing seamless, safe, and enjoyable experiences to keep shoppers engaged all season long. Want to learn more about the shifting retail landscape this holiday season? Check out Forbes’ latest article: