Halloween is just around the corner, and this year Americans are predicted to spend nearly $2.6 billion on candy alone. Each year, Americans flock to supermarkets and convenience stores to buy candy to hand out to trick-or-treaters. The National Retail Federation’s seasonal trends report estimates that more than 160 million Americans will buy candy for […]
According to Tinuiti’s 2019 survey of 2,000 U.S. consumers, the number of consumers that indicated they would spend at least $500 increased 10% from last year. Gen X consumers (shoppers aged 35 to 44) are expected to spend the most, with 36.3% of shoppers aged 35 to 44 and 28.6% of those aged 45 to […]
In a fiercely competitive landscape, consumers have high expectations of retailers, both in-store and online. Take the online ordering experience, for example: Forty-seven percent of consumers said the delivery option they want is “sometimes, rarely or never” available. And while 92% said they would like or love to have free one-day delivery, there’s little room […]
Procter & Gamble Co. is breathing new life into the iconic Gleem brand name through a new battery-powered toothbrush, which P&G is touting as an affordable alternative to rechargeable electric toothbrushes. Launched in 1952, Gleem was among the best-selling toothpastes in the United States, reportedly more popular than P&G’s Crest. However, P&G now markets the […]
BMW (BMWG.DE) aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday. BMW hopes to sell around 135,000 premium models such as the i8, 8-series, X7 and 7-series in 2020, up from around […]
In an effort to determine how the trade war, and in particular how price increases, will impact spending habits approaching the holiday seas, JDA software surveyed over 1,000 U.S. consumers. The survey uncovered the following five consumer perceptions and forward-looking plans in response to the ongoing tariffs:
Lego, as part of its ongoing effort to become a greener toy company, is launching a pilot program to make it easier to donate unwanted Lego bricks. The toy maker today is unveiling Lego Replay, a program that will provides free shipping labels for donations. Lego will arrange for the bricks to be cleaned, sorted […]
The point-of-sale (POS) financing provider announced that the new app allows consumers to find and shop with the thousands of merchants that have integrated Affirm into their checkout experience as well as “virtually any retailer.”
PepsiCo Inc (PEP.O) benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and snacks in North America. Shares rose as much as 4% to $139.27 on Thursday, standing out in a weak broader market and boosting the S&P consumer staples sector.
New orders for key U.S.-made capital goods unexpectedly fell in August and shipments rebounded moderately, pointing to continued weakness in business investment after it declined at its steepest pace in 3-1/2 years in the second quarter. The Commerce Department said on Friday orders for non-defense capital goods excluding aircraft, a closely watched proxy for business […]
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