Is consumer well-being the key to retail’s future?As consumers grapple with increasing constraints on their resources, the retail industry finds itself at a critical juncture, confronting the question of how experiences can provide more value in these challenging times. Gen Z big on in-store shopping One generation tops all others when it comes to shopping preferences and the impact of return policies on purchases. Restaurant prices push consumers to grocery store; coupons critical for diners High food prices at restaurants are still impacting consumer behavior. ‘Information overload’ harming sales, consumers; AI can simplify things Consumers are walking away purchases because they feel overwhelmed by so many choices and messages. Survey: Time saving, convenience push mobile apps past websites for consumers The majority of consumers prefer shopping and browsing on a company's mobile app more than its mobile website. Survey: Price, selection keeps shoppers from buying nonfood items at grocery store Shoppers believe that grocery stores are just for food and beverage, presenting an opportunity for retailers to expand their assortments. NRF: Mother's Day spending estimated to reach $33.5 billion Mother's Day spending is expected to reach a near-record this year. Consumer interest in luxury goods rising More Americans are buying luxury goods compared to three years ago despite continued inflation. Online grocery sales projected to reach almost $120 billion by 2028 A new forecast shows online grocery sales are on pace to grow three-times faster than in-store sales over the next five years. Study: Consumers embrace some, but not all, automation As retailers and restaurants continue to adopt new technology, automation is most acceptable with consumers for checkout and payment. First Previous 57 58 59 60 61 Next Last
