Xander Snyder’s Post

DYK Retail sales from November 1 - December 31 are projected to surge by 3-4% compared to 2022? 💡 Glean more retail insights from the CNBC/NRF Retail Monitor, powered by Affinity Solutions featured in the Forbes article below. We're proud to be at the forefront of this retail evolution, providing critical data and insights that shape industry trends and forecasts!

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

The retail spending numbers for June 2024 are in and they're on the rise, but that doesn't mean that consumers have completely loosened the reins on their spending habits. In fact, according to a recent Algolia survey 49% are waiting for summer sales events to shop in order to get a better deal! Due to this, Algolia's Piyush Patel is predicting that July retail numbers will be even higher with retail sales events dominating the industry so far this month! Find out more about how consumers plan to take advantage of inflation cooling off during these hot months from @Melissa Daniels at @Modern Retail here:

"Retailers who remain flexible to shifting consumer demand and behaviors will likely be poised for growth this holiday season." New Deloitte report forecasting a modest increase YoY in holiday retail sales (outpacing inflation factor). The above line from the article is key! Retailers have to have a strong finger on the pulse of consumers who are still reeling from inflation and have depleted savings. Competition for their wallet is hot - retailers need to be agile to achieve the growth at end of year. #retail #holidayshopping #useconomy https://lnkd.in/gKm-trDM

The retail spending numbers for June 2024 are in and they're on the rise, but that doesn't mean that consumers have completely loosened the reins on their spending habits. In fact, according to a recent Algolia survey 49% are waiting for summer sales events to shop in order to get a better deal! Due to this, Algolia's Piyush Patel is predicting that July retail numbers will be even higher with retail sales events dominating the industry so far this month! Find out more about how consumers plan to take advantage of inflation cooling off during these hot months from @Melissa Daniels at @Modern Retail here:

The retail spending numbers for June 2024 are in and they're on the rise, but that doesn't mean that consumers have completely loosened the reins on their spending habits. In fact, according to a recent Algolia survey 49% are waiting for summer sales events to shop in order to get a better deal! Due to this, Algolia's Piyush Patel is predicting that July retail numbers will be even higher with retail sales events dominating the industry so far this month! Find out more about how consumers plan to take advantage of inflation cooling off during these hot months from @Melissa Daniels at @Modern Retail here:

While many c-store shoppers are feeling a pinch from tighter credit and inflation, the National Retail Federation (NRF) forecast that U.S. retail sales this year will increase between 2.5% and 3.5%. With shoppers citing affordable prices and in-stock products as the top requirements for a positive in-store experience, read more about why it’s imperative for retailers to offer consumers the products they want at the prices they’re willing to pay. #convenience #conveniencestores #cstore #retail #retailers #consumers #consumershopping #forecast #downtrading

With total US retail sales growing by 2 per cent in January, the year is off to a reasonable start. That said, there has been a marked slowdown in growth since the back end of last year which suggests that consumers are starting the year off on a more cautious and frugal note. #InsideRetail #Retail #retailnews #sales #growth #consumer

The #HolidayRetail numbers are in – how did U.S. #retailers close out 2023? 🛍📈 ⬆️ Overall December #retail sales rose 0.6% from November, stronger than expected! ⬆️ #eCommerce sales played a key role in the increase, rising 1.5% as shoppers continued to move from brick-and-mortar to #OnlineRetail. ⬆️ YoY, overall December retail sales increased 5.6% – not adjusted for inflation, reflecting consumer resilience. As Reuters shares, these stats indicate economic momentum as we begin 2024: https://lnkd.in/gGvzPimy #RetailInnovation #OnlineSearch #DigitalCommerce #DigitalCommerceSearch #B2CeCommerce #B2BeCommerce

Consumers pulled out all the stops to enjoy themselves over the holiday period - as the latest US retail sales numbers attest. However - without being overly gloomy - it's important to recognize some of the cracks that are now appearing: higher debt being taken on, higher promotions eating into margins, disinflation affecting headline growth for retailers. 2024 will certainly be an interesting year! Thanks to Inside Retail for including my comments on the latest retail numbers: #retail #retailnews #economy https://lnkd.in/eE3ZGUFG