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Consumer Attitudes & Behavior

  • Big Lots lowers comps guidance

    COLUMBUS, Ohio — Big Lots has lowered its comparable-store guidance for its first quarter, and now expects them to be slightly negative compared with its prior guidance issued on March 2. The company's prior guidance estimated first-quarter comps would be up 2% to 4%.

  • NPD: Most shoppers say price has to be right before they shop

    Port Washington, N.Y. -- Price trumps sales and special deals, customer service, and convenience as a factor in deciding where to shop for the majority of U.S. consumers, according to a survey by The NPD Group.

  • Mother's Day spending to top last year

    WASHINGTON — If NRF's predictions come true, moms will be in for an especially good Mother's Day this year. According to NRF’s 2012 Mother’s Day consumer spending survey conducted by BIGinsight, the average person celebrating the holiday is expected to spend $152.52 on gifts, up from $140.73 last year. Total spending is expected to reach $18.6 billion.

  • Study: Only 17% of specialty retailers offer dedicated mobile site

    Las Vegas -- In a study of 75 online specialty retailers, only 17% of the companies offered dedicated mobile websites.

  • Study: London top target for international retailers; North American retailers continue to expand aggressively

    New York -- London has reclaimed the number one position as the most targeted market for international retailers, according to a survey by global property adviser CBRE. It was followed by Dubai, New York City, Moscow and Paris.

  • Consumer confidence rises to match four-year high

    NEW YORK — A report released by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

    The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

    Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

  • Report: Consumer confidence rises to match four-year high

    New York -- A report released Thursday by Bloomberg showed that household confidence improved last week to match the highest level in four years. 

    The Bloomberg Consumer Comfort Index was minus 31.4 in the period ended April 15, compared with minus 32.8 over the previous seven days. The reading equaled that from two weeks earlier as the best since March 2008.

    Despite the strong showing, the monthly expectations measure fell from a one-year high, showing ongoing concerns that too many Americans are still unemployed.

  • Customers unwilling to pay more for eco-friendly products

    AUSTIN — While 46% of consumers are more inclined to purchase a product if it is eco-friendly, nearly 60% are unwilling to pay more money for that eco-friendly product or service, according to new research.

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