Consumer Attitudes & Behavior

ATLANTA — Coca-Cola says slow economies in Europe, Asia and Latin America and cold weather conditions across multiple regions affected consumer spending as well as its overall nonalcoholic ready-to-drink beverage performance. 

Grand Rapids, Mich. – Consumers will spend the same or more on back-to-school shopping this year as they did last year and many will also finish back-to-school shopping early.

A survey Meijer conducted of its customers reveals 90% of shoppers plan to spend the same or more than they did last year and 40% will have completed their back-to-school shopping before the school year begins. Median spend will range between $101-$150 per student and $201-$250 in total.

Fremont, Calif. – A suit can help a man feel more attractive, confident, and successful in professional situations as well social ones. According to the findings of a new national survey of more than 1,000 adult males from Men’s Wearhouse and Kelton Research, a suit also has a positive impact on how a man is viewed by others.

Following are highlights from the study results.

Total U.S. Shopper Traffic in Retail Stores and Malls for June 2013

Shopper activity slightly decreased last month, thus returning to seasonal standards after May holidays. Retail foot traffic decreased 1.3% in June compared to May 2013, a slight departure from recently reported positive month-over-month retail trends. However, foot traffic for June 2013 was relatively flat compared to the same month in 2012 — with an increase of 0.3%.

Chicago – Parents want to buy food and beverages for their kids that are healthy and appeal to the entire family. Results of a new proprietary study from food processing company Cargill show that 89% of parents said they ask their kids to broaden their tastes, and 69% said they ask their kids to try more adult food.

The U.S. Census Bureau released a report showing an increase of 0.6% in retail trade sales for June when compared to May. Sales were up 6% when compared to June 2012.

The figures are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, and exclude automobiles, gas stations and restaurants.

Washington, D.C. – U.S. retail and food services sales totaled $422.8 billion last month, according to new advance estimates from the U.S. Census Bureau. This represents a 0.4% increase from $421.2 billion in the prior month, and a more substantial 5.7% increase from $399.9 billion in the same month last year.

Armonk, N.Y. -- Retailers and CPG companies with leading stock prices are more likely than their lagging competitors to use Big Data analytics to understand and adjust to customer needs. According to a study of 325 senior retail merchandising executives conducted by IBM Center for Applied Insights in conjunction with Planet Retail, 65% of leading retail merchandisers feel Big Data analytics is critical to their business compared to just 38% of other retail companies.