Retail

Post-Election Jump in Confidence Led by Boomers

Spending confidence has moved higher led by Baby Boomers while it continues to slump among Millennials in the wake of the presidential election. The net impact should boost retail sales for the holiday, although results will remain mixed by category and…


Holiday outlook is unclear, given latest retail sales

What do the latest retail sales numbers tell us about the outlook heading into the holiday? It depends whether you believe more in the seasonally adjusted or unadjusted data. If you believe in the adjusted data, then sales growth improved significantly—to…


What consumers want as holiday gifts—what it means

The winners and losers among categories this holiday will include gift cards, clothing, home-related goods, and media from books to video games. That’s the takeaway from an October survey of holiday shoppers—and comparisons with responses spanning more than 10 years. Given…


Election Worries Keeping Lid on Spending Confidence

Election-related worries continued to dampen consumers’ confidence to spend in October—especially in homegoods and leisure goods such as toys and sporting goods. The signs of ebbing Spending Confidence™ have followed a rise in the percentage of consumers that say they “worry…


Latest Retail Sales Confirm Weak Holiday Outlook

The spending outlook for consumer goods remains weak heading into the holidays as September retail sales posted a third straight month of below-trend growth. September growth was weak on a year-to-year basis across most retail channels, although several home-related sectors improved…


Holiday Spending Will Be Slightly Weaker This Year

Spending will be slightly weaker online and in stores this holiday season. Sales will grow 2% in stores and 14.5% online—resulting in 3.5% overall growth, according to projections by MacroSavvy™. The forecast shows that the weakness will be most evident at…


Election Worries Explain Weaker Spending Confidence

Election-related worries likely are why consumers’ confidence to spend declined in September—especially among discretionary goods. Electronics and drugs/HBA were the only exceptions. The decline in Spending Confidence comes on the heels of a rise in the percentage of consumers that say…