April 28, 2023 by Chain Drug Review
Consumer splurge spending drives sales, Deloitte
Business, Leading Headlines, Retail News
NEW YORK — In its latest paper, “For Consumers, Splurges Aren’t Just Lipstick,” based on the ongoing Global State of the Consumer Index, Deloitte asked consumers in 23 countries if they were making purchases to treat themselves, then created a database with nearly 150,000 consumer descriptions of their splurge purchases, including what they bought, how
September 13, 2022 by Chain Drug Review
Deloitte
Business, Leading Headlines, Retail News
NEW YORK — Holiday retail sales are likely to increase between 4% and 6% in 2022, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and consumer products practice projects holiday sales will total $1.45 to $1.47 trillion during the November to January timeframe. In 2021, holiday sales grew by 15.1% in the same period.
June 8, 2022 by Chain Drug Review
cryptocurrencies, Deloitte
Business, Leading Headlines, Retail News
NEW YORK — As consumers progressively purchase a wider spectrum of goods and services via digital currencies, U.S. merchants are reflecting a greater optimism, prioritization and implementation of alternate payments to meet this demand. Deloitte recently surveyed merchants on the factors that are most contributing to the significantly increased adoption of cryptocurrencies to understand shifts
February 24, 2022 by Chain Drug Review
Deloitte, Dr. Jay Bhatt
Business, Leading Headlines
NEW YORK — Deloitte announced Thursday the appointment of Dr. Jay Bhatt, as executive director of the Deloitte Center for Health Solutions and the Deloitte Health Equity Institute. In this role, Dr. Bhatt will direct the research, insights and eminence agenda across the life sciences and health care industry while driving high impact research and
February 8, 2022 by Chain Drug Review
ConvergeHEALTH, Deloitte
Business, Leading Headlines, Retail News
NEW YORK — Deloitte announced Tuesday Converge by Deloitte, an expansion of its ConvergeHEALTH business into the consumer and financial services sectors as part of a $750 million investment in new software platforms, ecosystem and alliance relationships. Converge by Deloitte builds on the success of ConvergeHEALTH, a business borne from the needs in life sciences
January 20, 2022 by Chain Drug Review
Deloitte, Deloitte’s 2022 Retail Industry Outlook
Leading Headlines, Retail News
NEW YORK — While current retail industry predictions paint a dire picture—empty store shelves, hiring instability, and rising inflation—with great challenges, come new opportunities. This new reality has opened the door to a long-overdue “great retail reset” that will propel retailers into a more stable, and more profitable, position than ever before, according to Deloitte’s
January 12, 2022 by Chain Drug Review
Deloitte
Business, Leading Headlines, Pharmacy
NEW YORK — The findings from Deloitte’s Center for Health Solutions 2021 analysis suggest confidence in the life sciences industry and the first signs of a reversal in a decade-long decline in projected R&D productivity. The 4.3 percentage point increase in projected returns on investment in 2021 compared to 2020 is the largest annual increase since
November 22, 2021 by Chain Drug Review
Black Friday shopping, Deloitte
Business, Leading Headlines, Retail News
NEW YORK — Black Friday will be back this year, according to Deloitte’s “2021 Pre-Thanksgiving Pulse Survey,” released on Monday. The survey found that 56% of consumers are planning to shop in-store on Black Friday, up from 41% last year. The share of online sales for the day is holding steady at 18%. Black Friday
October 20, 2021 by Chain Drug Review
Deloitte, holiday spending
Business, Featured Articles, Leading Headlines, Retail News
NEW YORK — As COVID-19 is set to impact yet another holiday season, a return to some pre-pandemic spending levels is expected to bring holiday cheer. For 36 years, Deloitte has been examining consumer behavior and sentiment ahead of retail’s crucial holiday shopping season. To gain additional perspective on the changing landscape, supply chain challenges
September 14, 2021 by Chain Drug Review
Deloitte
Business, Leading Headlines, Retail News
NEW YORK — Holiday retail sales are likely to increase between 7% and 9% in 2021, according to Deloitte’s annual holiday retail forecast. Overall, Deloitte’s retail and distribution practice projects that holiday sales will total $1.28 to $1.3 trillion during the November to January timeframe. Deloitte also forecasts that e-commerce sales will grow by 11-15%, year-over-year,
August 19, 2020 by Chain Drug Review
Deloitte, Future of Health program
Leading Headlines, Pharmacy
NEW YORK — Deloitte will sponsor a social media conversation around the future of health care in an exciting new initiative for the company. Deloitte provides consulting services to corporations across industries and has created the Future of Health program. They will utilize influencers in the health and wellness space to be a part of
June 17, 2020 by Chain Drug Review
COVID-19, Deloitte, retail sales
Business, Leading Headlines, Retail News
NEW YORK — Deloitte has issued a new report that looks at retail sales during the pandemic called Seven Trends Impacting the Retail and Consumer Products Industries Amid a Global Pandemic and Beyond. Key takeaways include: As of April 2020, eCommerce year-over-year growth was up 68%, surpassing 40% of total retail sales. Convenience continues to reign supreme as more
January 8, 2020 by Chain Drug Review
Deloitte, Deloitte’s 2020 Retail Outlook
Business, Leading Headlines, Retail News
NEW YORK — Today’s retail environment is continuing to evolve, so understanding consumers’ expectations is more important than ever. With the convergence of supply chain, digital technologies and other innovations, convenience will become an even more crucial piece of the puzzle for retailers in the year ahead according to Deloitte’s 2020 Retail & Distribution Industry
November 25, 2019 by Chain Drug Review
Black Friday, Cyber Monday, Deloitte, Rod Sides, Thanksgiving
Business, Leading Headlines
NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those who