November 9, 2022 by MMR
holiday shopping, NPD Group
Leading Headlines, Retail News, Topics
PORT WASHINGTON, N.Y. — The number of consumers planning to shop online for the holidays fell from 85% last year to 80% this year, which is the largest ever shift favoring stores, according to the annual holiday purchase intentions survey from The NPD Group. This is also the first year, since before the pandemic, that
June 23, 2022 by MMR
consumer spending, NPD Group
Leading Headlines, Retail News, Supplier News
PORT WASHINGTON, N.Y. — A recent NPD survey has found that 83% of U.S consumers are planning to make changes to reduce their spending in the next three to six months. And consumer demand has already become less predictable than it had been during the first two years of the pandemic, according to NPD data,
March 14, 2022 by MMR
NPD Group
Leading Headlines, Retail News, Supplier News
PORT WASHINGTON, N.Y. – It’s not all that shocking to note that over the course of the pandemic consumers focused more intensely on health and wellness. However, what is surprising is the fact that nearly two years after the pandemic hit the U.S. retail sales of products in health and wellness categories continue to match
January 24, 2022 by MMR
NPD Group, prestige beauty
Leading Headlines, Retail News, Supplier News
PORT WASHINGTON, N.Y. – The U.S. prestige beauty industry generated $22 billion in 2021, a 30% increase in dollar sales, versus 2020, according to The NPD Group. By category, fragrance outperformed all others in 2021 with sales up 49%, year-over-year, followed by hair products (up 47%), makeup (up 23%), and skincare (up 18%). In 2021, the
January 24, 2022 by MMR
general merchandise, NPD Group, U.S. consumer spending
Leading Headlines, Retail News, Topics
PORT WASHINGTON, N.Y. – U.S. consumer spending on general merchandise ended the year up 15% compared to 2020, with a 6% increase in unit sales. While the holiday shopping brought positive retail results, the early part of the year delivered more significant year-over-year gains. The fourth quarter of 2021 contributed 9% revenue growth and 1%
May 25, 2021 by MMR
Future of Style, NPD Group
Leading Headlines, Retail News, Topics
PORT WASHINGTON, N.Y. – The retail industry is now doing better than expected after a year in which stores, offices and schools shut down across the country, according to The NPD Group. Compared to last year, discretionary retail sales revenue in the U.S grew 17% from January 1 through May 8, 2021, the NPD Group
May 5, 2020 by MMR
consumer spending, NPD Group
Leading Headlines, Money, Retail News, Topics
PORT WASHINGTON, N.Y.– As consumers settled into their sheltering at home routines, spending improved for the fourth straight week, up 7% compared to the prior week, reports the NPD Group. Retail spending also showed flat year-over-year performance during the week ending April 25, 2020 — the first time sales didn’t decline since early March. As