Archive for the ‘CONSUMER GOODS’ Category

Gen Z to shop in-store for the holidays

Gen Z is headed to physical stores for the upcoming holiday shopping season, with 55% saying they’ll do the majority of their holiday shopping at brick and mortar shops, according to a Shopkick survey emailed to Retail Dive. Fifty-four percent of Boomers said they will do most of their shopping in stores.

Back-to-school spending expected to reach record highs

Consumer spending is expected to reach nearly $26.2 billion, or $696.70 per household, on K-12 back-to-school items in 2019. The total household spend is up from 2018’s reported $684.70, while spending a year ago was higher — $27.5 billion total — due to more families with children in grades K-12, according to National Retail Federation’s […]

CEO DOUG MCMILLON ON THE FUTURE OF WALMART

The National Retail Federation named Doug McMillon, CEO of Walmart, The Visionary at the NRF Foundation Gala on Sunday, honoring him for his contribution to the retail industry.

What’s in store for 2018

How many retail experts predicted Amazon’s blockbuster acquisition of Whole Foods Market? Based on news reports, one: Scott Galloway, the outspoken and often renegade professor of marketing at New York University’s Stern School of Business. Judging from the shockwaves the announcement created, most never saw it coming.

These Are the Trends to Watch, According to Goldman

From meatless meats to digital twins, the latest “emerging trends” identified by Goldman Sachs Group Inc. include technologies and investing strategies that have been around for a while. “What happens when everything old becomes new again?” the bank asked Wednesday in the second edition of its “Outsiders” series, meant to help investors “separate the hype […]