Consumer Trends: Page 24


  • FabFitFun box
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    Courtesy of FabFitFun
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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
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    Courtesy of Target
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    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 June 7, 2022
  • The interior of an apparel store Explore the Trendline
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    Zapp2photo via Getty Images
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    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
  • Textile rolls in a warehouse
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    Getty Images; Industry Dive

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    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 June 6, 2022
  • A selection of skincare products lined up against a dark background.
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    Courtesy of Skkn by Kim
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    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
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    Courtesy of Trunk Club A Nordstrom Company
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    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 June 2, 2022
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    Daphne Howland/Retail Dive
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    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 June 1, 2022
  • Prada NFT shirt capsule
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    Permission granted by Prada
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    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
  • Miami Design District
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    Courtesy of Miami Design District blog
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    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 May 31, 2022
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    Michael M. Santiago via Getty Images
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    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 May 31, 2022
  • Ulta shop-in-shop at Target
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    Courtesy of Target
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    Ulta shoppers not feeling inflation yet

    In fact, prestige cosmetics sales in the quarter outperformed as makeup made a comeback.

    By May 27, 2022
  • Woman shopping in supermarket and reading product information. Costumer buying food at the market.
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    oatawa via Getty Images
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    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 May 26, 2022
  • Dick's Sporting Goods' House of Sport store concept
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    Permission granted by Dick's Sporting Goods
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    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 May 26, 2022
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    Kendall Davis/Retail Dive
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    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
  • Nike's Grove store in Los Angeles displays a sign that reads, "We are never done."
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    Cara Salpini/Retail Dive
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    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 May 25, 2022
  • A Petco storefront. There is a white van parked outside and a person walking in the store.
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    Permission granted by Petco
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    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 May 24, 2022
  • Best Buy announces new Outlet stores.
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    Courtesy of Best Buy
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    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 May 24, 2022
  • Foot Locker storefront
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    Cara Salpini/Retail Dive
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    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 May 20, 2022
  • Tabitha Brown for Target collection.
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    Courtesy of Target
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    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
  • ThredUp warehouse.
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    Courtesy of ThredUp
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    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
  • A Bath and Body Works storefront
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    Cara Salpini/Retail Dive
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    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 May 19, 2022
  • A young girl gets her ears pierced.
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    The image by Britt Reints is licensed under CC BY 2.0
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    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 May 18, 2022
  • Walmart transforms stores to focus on digital.
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    Courtesy of Walmart
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    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 May 17, 2022
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    Fotolia
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    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 May 13, 2022
  • store front of Party City
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    Daphne Howland/Retail Dive
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    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 May 9, 2022
  • Walmart launches private label athletic line Love & Sports.
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    Courtesy of Walmart
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    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 April 29, 2022