PORT WASHINGTON, N.Y. – U.S. consumers have started to spend on in-person experiences again, but the pull-back on general merchandise retail spending that is expected to coincide with it has not played out. At least, not yet. Experiential spending reached 91% of 2019 levels, as of the end of 2021, but general merchandise retail spending
PORT WASHINGTON, N.Y. — U.S. consumers have started to pull back on discretionary general merchandise purchases in the face of higher prices, according to the NPD Group. Unit sales fell more than 8% for six consecutive weeks after the holiday shopping season, when compared to a year ago, NPD reported. Despite higher prices, these unit
PORT WASHINGTON, N.Y. — Consumers will look to splurge on their own needs and deal with the guilt of missing in-person celebrations this holiday season. This means the bigger ticket items that supported new homebound living and drove general merchandise sales since the pandemic began are likely to continue to stimulate holiday retail sales, reports
NEW YORK — It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty
PORT WASHINGTON, N.Y. — Sales of hand cleaner products, particularly hand sanitizer and hand wipes, have jumped since the start of the year, driven by the severe U.S. flu season, according to market research firm The NPD Group. NPD said Monday that hand cleaner sales at retail surged 16% year over year to $83.6 million in
NEW YORK — Efforts that mass market retailers started last year to brush up their beauty departments and court new shoppers are starting to register. Mass market beauty care sales rose only 2% in 2016, according to NPD Group Inc. (lower than prestige at 6%), but several categories recorded impressive results. Skin care, for example,
PORT WASHINGTON, N.Y. — A surge in cosmetics sales lifted the U.S. prestige beauty market last year, according to market research firm The NPD Group. U.S. prestige beauty care product sales rose 6% to $17 billion in 2016, NPD Group reported. Makeup saw the most growth, up 12% year over year, and contributed 82% of
NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing, as sales growth barely exceeded 4%. That was down from last season’s 4.4% advance in holiday retail sales, and well off the 5.4% gain of five years ago. Same-store sales were up 1.8%, virtually unchanged from 2014.
