Wendy future of retail top

The NPD Group

Holiday season prestige fragrance sales up 4% in the U.S., NPD reports

Holiday season prestige fragrance sales up 4% in the U.S., NPD reports

PORT WASHINGTON, N.Y. — As the fastest-growing prestige beauty category in 2021, fragrance is showing signs of continued U.S. growth in 2022, including the all-important holiday season. Fragrance dollar sales grew by 4% from October 2 through December 3, 2022, compared to the same period in 2021, according to The NPD Group. The category also

NPD: Consumers plan to do more holiday shopping in stores than online

NPD: Consumers plan to do more holiday shopping in stores than online

PORT WASHINGTON, N.Y. — The number of consumers planning to shop online for the holidays fell from 85% last year to 80% this year, which is the largest ever shift favoring stores, according to the annual holiday purchase intentions survey from The NPD Group. This is also the first year, since before the pandemic, that

Consumers cite finances, economy as reasons for spending less during the holidays

Consumers cite finances, economy as reasons for spending less during the holidays

PORT WASHINGTON, N.Y. — Increased negativity about the economy and their own personal finances is causing 29% of U.S. consumers to think about spending less this holiday season, according to a recent holiday purchase intentions consumer survey from The NPD Group,which recently merged with Information Resources, Inc. (IRI). While the majority of shoppers plan on spending the same or more

Technology sales expected to see modest declines

Technology sales expected to see modest declines

PORT WASHINGTON, N.Y. — The NPD Group, which recently merged with Information Resources, Inc. (IRI), to create a leading global technology, analytics and data provider, today announced the latest findings from its Future of Technology forecast. NPD expects 2022 and 2023 will see 6% and 3% year over year revenue declines, respectively, but remain above

Rising prices disrupting back-to-school shopping

Rising prices disrupting back-to-school shopping

PORT WASHINGTON, N.Y. — Rising prices and consumers shopping for more immediate needs has disrupted early back-to-school shopping season performance. In the first seven weeks of the back-to-school shopping season, U.S. non-school-related general merchandise sales revenue grew 4%, while school spending fell short of last year’s results. In a recent survey, 41% of back-to-school shopping

The NPD Group presented awards during Sweets and Snacks Expo

The NPD Group presented awards during Sweets and Snacks Expo

CHICAGO — The NPD Group announced the winners of its inaugural consumer awards during the Sweets and Snacks Expo, hosted by National Confectioners Association in Chicago, May 24-25. The awards, presented by NPD’s food and beverage practice to the winning sweets and snacks manufacturers, were based on the highest share of eatings together with needs,

U.S. prestige beauty industry sales grow by 30% in 2021, says NPD

U.S. prestige beauty industry sales grow by 30% in 2021, says NPD

PORT WASHINGTON, N.Y. – The U.S. prestige beauty industry generated $22 billion in 2021, a 30% increase in dollar sales, versus 2020, according to The NPD Group. By category, fragrance outperformed all others in 2021 with sales up 49%, year-over-year, followed by hair products (up 47%), makeup (up 23%), and skincare (up 18%). In 2021, the

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