The top retail trends in 2023

Discover the top trends in the retail industry for 2023. 

May 1, 2023

McKinsey: Consumers are trading down — and splurging

Inflation is still impacting shopper behavior, but younger consumers are also spending more on treating themselves.

By Xanayra Marin-Lopez • April 28, 2023

Explore the Trendline➔

How artificial intelligence is shaping retail

More retailers are leaning on AI as a tool, tapping into the tech to improve customer service and support supply chain functions.

By Retail Dive staff

Consumer confidence sinks, implying downturn to come

Weakening optimism among consumers, as measured by the Conference Board, coincides with a decline in credit.

By Jim Tyson • April 26, 2023

How good is secondhand apparel for the planet, really?

Consumers and brands are embracing resale as a way to address fashion’s poor environmental track record, but it may be too little, too late.

By Daphne Howland • April 19, 2023

Resale’s big secret? It may need stores

To join the secondhand market boom, many apparel retailers and brands have turned to third-party platforms that struggle to sustain a profit.

By Daphne Howland • April 17, 2023

Most Gen Z, millennial online beauty shoppers are waiting for a bargain: report

These consumers will risk a product becoming out of stock rather than pay full price, according to a study by ESW. 

By Tatiana Walk-Morris • April 14, 2023

Will National Shopping Outlet Day bring in shoppers amid continued inflation?

Simon’s event will occur in June — and perhaps kick off a summer sale period — as consumers continue to wrestle with the impact of inflation

By Tatiana Walk-Morris • April 13, 2023

More than 50K stores may close by 2027: UBS

Small chains are most at risk due to lack of capital to build an omnichannel offering.

By Nate Delesline III • April 12, 2023

American Eagle jumps into secondhand sales via ThredUp

The retailer is the latest to sign onto the used-apparel site’s quickly expanding resale platform.

By Daphne Howland • April 11, 2023

Online prices fell by 1.7% in March: report

Categories including home and garden, appliances and electronics continue to see price drops. 

By Tatiana Walk-Morris • April 11, 2023

How one retailer is making real customer connections

Creating memorable experiences that capture the attention of your shoppers requires a combination of media solutions that stimulates all of the human senses.

April 10, 2023

Gen Z still loves Nike, American Eagle

Amazon remained teens' favorite e-commerce destination above brands’ direct-to-consumer sites, according to a survey by Piper Sandler.

By Dani James • April 7, 2023

Walmart to install EV chargers at thousands of stores by 2030

The big-box retailer already has around 1,300 chargers at 280 of its sites but plans to further leverage its vast store network. 

By Jessica Loder • April 7, 2023

ThredUp: US resale market projected to reach $70B by 2027

That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.

By Tatiana Walk-Morris • April 5, 2023

Which mall in this California city can survive?

A real estate mogul made his mark on three major shopping centers in Sonoma County wine country. His original vision from 1950 may be the winner.

By Daphne Howland • April 5, 2023

Retailers must reimagine demand planning to unlock forecast accuracy

Springs Window Fashions and Lodge Cast Iron transform demand planning with Anaplan.

April 3, 2023

The Weekly Closeout: Apple introduces a pay later option and Walmart gives early access to Oreos

An initial version of a BNPL service was introduced by Apple, while Walmart+ members get first dibs on the cookie brand’s new Blackout Cake flavor.

By Retail Dive Staff • March 31, 2023

The Backroom: Unearthing financial details about J.C. Penney

The team talks about the treasure trove of information on the department store’s financial health, found thanks to a tip from one of its new owners.

By Retail Dive Staff • March 30, 2023

Sustainable products took more market share last year: report

Despite high inflation and a price premium, shoppers continued to buy products marketed as sustainable, according to a report from Circana and the New York University Stern Center for Sustainable Business.

By Tatiana Walk-Morris • March 28, 2023

Prestige is ‘growth engine’ for beauty industry: report

Shoppers aren’t cutting back on their beauty spending and are turning to prestige products for an emotional lift, according to Circana. 

By Tatiana Walk-Morris • March 27, 2023

75% of marketers expect to spend more on TikTok even as ban looms

As the battle over the future of TikTok intensifies, 56% of marketers believe it is highly or somewhat unlikely that the federal government will ban the platform.

By Chris Kelly • March 24, 2023

BNPL firms snag consumers at checkout: J.D. Power

As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.

By Tatiana Walk-Morris • March 21, 2023

Over half of Gen Alpha watch shopping content: report

Many kids get ideas about new products and brands by viewing haul and unboxing videos, according to a report by Morning Consult. 

By Tatiana Walk-Morris • March 16, 2023

Over 1 in 10 business leaders plan to switch to DTC model in 2023: study

Companies cited better relationships and lifetime value with their customers as the biggest benefits of adopting the model, according to Circuit.

By Howard Ruben • March 13, 2023

What can The Container Store learn from Sephora?

CEO Satish Malhotra joined two years ago, and he’s using his experience at the beauty company to freshen up the home retailer’s strategy.

By Cara Salpini • March 13, 2023