Consumer Trends: Page 24
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75% of DTC brands may offer subscriptions by 2023: report
Though subscription services once attracted investors, some brands have had to trim their workforce and end investor partnerships.
By Tatiana Walk-Morris • June 13, 2022 -
Target moves to reduce inventory, taking markdowns and canceling orders
Just weeks after lowering its guidance, the retailer now expects an even deeper hit to profit margins as consumers pull back on discretionary spending.
By Ben Unglesbee • June 7, 2022 -
Explore the Trendline➔
Zapp2photo via Getty ImagesTrendlineHow 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 -
Deep Dive // Sustainability in retail
Retail is fundamentally bad for the environment. And doing better isn't easy.
Improving sustainability is a web of complexity for retailers. Ultimately, it may mean sidelining growth.
By Cara Salpini • June 6, 2022 -
Column
The Weekly Closeout: Kim Kardashian launches new skincare line and GameStop's losses spike
The celebrity shut down her previous KKW Beauty brand last year, and the gaming retailer's operating loss tripled to $153.7 million.
By Retail Dive Staff • June 3, 2022 -
What Trunk Club's demise says about apparel subscriptions
Customers who engage with Nordstrom's stylists, online or in stores, spend more time and money at the retailer. So it's going outside the box.
By Daphne Howland • June 2, 2022 -
In Q1, Victoria's Secret firmly in control against apparel headwinds
The lingerie retailer said it's regaining market share and maximizing margins, but may cut prices in order to make a sale.
By Daphne Howland • June 1, 2022 -
Prada plans monthly product, NFT drops
The brand will host 24-hour online events, starting June 2, where shoppers in select areas can buy limited-edition items and receive accompanying NFTs.
By Tatiana Walk-Morris • June 1, 2022 -
In boon to retail, office workers and tourists are heading back downtown
Nordstrom and Glossier are among the retailers following a recovery pattern described in a recent report from commercial real estate firm JLL.
By Daphne Howland • May 31, 2022 -
Bed Bath & Beyond launches new private label for the home
Everhome, the retailer's ninth owned brand launch, comes as consumers pull back on discretionary spending and demand for the home category declines.
By Caroline Jansen • May 31, 2022 -
Ulta shoppers not feeling inflation yet
In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.
By Cara Salpini • May 27, 2022 -
The 'end to the good times' is here as consumers brace against inflation: S&P
Analysts see more risk to profits and sales as consumers manage spiking costs for fuel and food, and retailers face more pain on freight.
By Ben Unglesbee • May 26, 2022 -
Dick's sales decline in the face of 119% growth last year
The results indicate a slowdown in consumer demand for the category after stimulus payments last year helped fuel record growth.
By Cara Salpini • May 26, 2022 -
Podcast
The Backroom: What Walmart and Target tell us about the state of retail in 2022
Rising food and gas prices are causing consumers to pull back on discretionary spending. That hurt retailers in the first quarter.
By Retail Dive Staff • May 26, 2022 -
50 years in: Nike's game plan for winning with women
The athletics retailer is simplifying its leggings and bra strategies, and emphasizing deeper inclusion as it looks ahead to the next 50 years.
By Cara Salpini • May 25, 2022 -
Petco comps up 5% in Q1 as consumers continue to spend on pets
The pet category has been resilient in times of economic uncertainty. That could help Petco as consumers pull back on discretionary spending.
By Caroline Jansen • May 24, 2022 -
Best Buy trims sales expectations as pandemic boom unwinds
Inflation, the end of stimulus and a return to experience spending hurt sales at the retailer — but it could have been worse.
By Ben Unglesbee • May 24, 2022 -
Foot Locker's Nike replacement efforts working 'exceptionally well'
CEO Dick Johnson said Foot Locker is underpenetrated in "virtually all of our brands outside of our top three." That leaves room for growth.
By Cara Salpini • May 20, 2022 -
Column
The Weekly Closeout: Kohl's considers packaged foods and Target partners with Tabitha Brown
The department store looks into new categories as profit takes a hit, and the author and actress created four collections for the mass merchant.
By Retail Dive Staff • May 20, 2022 -
Secondhand US market to reach $82B by 2026: ThredUp
Consumers are turning to used goods to save money during a time of high inflation, a new report found.
By Tatiana Walk-Morris • May 20, 2022 -
Bath & Body Works outlook on profit growth turns negative as inflation wears on
The retailer expects material, transportation and wage costs, along with technology investments, to weigh on earnings.
By Ben Unglesbee • May 19, 2022 -
Ear piercing is the next fun retail trend
Target is doing it. So are CVS and Five Below. But, can piercing draw shoppers into stores?
By Kaarin Moore • May 18, 2022 -
Walmart's profits take a hit as fuel spikes and consumers react to inflation
As costs continue rising, the retailer is being strategic about pricing — raising and rolling back as it seeks market share and profit.
By Ben Unglesbee • May 17, 2022 -
Inflation finally slowed online in April but remained 'punishingly high' overall
Consumer demand remains relatively high, but there are signs it might wane if inflation keeps up. Meanwhile, buying habits are shifting.
By Ben Unglesbee • May 13, 2022 -
Party City misses estimates, sees more helium pain ahead
Sales and profits suffered as consumers reacted to omicron, inflation, war and the end of government stimulus measures.
By Ben Unglesbee • May 9, 2022 -
Walmart launches activewear brand Love & Sports
The brand was created with fashion designer Michelle Smith and indoor cycling instructor Stacey Griffith and will roll out to 1,500 stores.
By Kaarin Moore • April 29, 2022