Father’s Day Spending on Par With 2021

Consumer spending this Father’s Day (June 19) is expected to total $20 billion, nearly on par with last year’s record-setting figure of $20.1 billion, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics.

April Retail Sales Rise Amid Consumer Resilience

U.S. retail sales rose strongly in April as consumers spent more on motor vehicles amid an improvement in supply and increased spending at restaurants, providing a powerful boost to the economy at the start of Q2, Reuters reports.

Despite Headwinds, Consumers Spending

U.S. consumer credit and debit card spending so far in 2022 is up 15% vs. a year earlier, Bank of America research showed yesterday, a sign that Americans’ gloom about the economy owing to high inflation has yet to translate into lower demand, Reuters reports.

Comfort With Shopping at Malls Hits New High

Even considering the e-commerce boom during lockdowns, brick-and-mortar shopping is here to stay. But when consumers will feel safe returning to physical stores and shopping malls remains an unanswered question.

Shoppers Cut Back on Staples as Inflation Climbs

American consumers are starting to cut costs on mainstays from toothpaste to baby formula as inflation hits a swath of the economy that had thus far proven resistant to substantial price increases, The Wall Street Journal reports.

Brick-and-Mortar Making Comeback

Men are helping to lead the resurgence of the IRL (in real
life) shopping experience. That’s according to 5W Public
Relations’ third annual Consumer Culture Report, in which
more than half of the consumers surveyed said they now
prefer to find new products in-store as opposed to online.

As Kohl’s Struggles, T.J. Maxx Pops

The TJX Companies, owner of T.J. Maxx and Marshalls, is on a hot streak. Its latest sales reports show sizable gains in the U.S., and a peppy new ad campaign underscores its goal to be the No. 1 shopping choice of women determined to be their own style gurus.

TV Viewers Eager To Go Green

When gardeners aren’t digging in the dirt, they’re paying attention to TV ads. In the past 30 days, 26.2% of gardeners have taken action as a result of seeing a TV ad.

Consumers Still Spending: February Sales Up 8.7%

Soaring prices did not stop American consumers from spending in February. U.S. consumer spending maintained positive momentum in February, according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment.

Brick-and-Mortar Stores Staged a Comeback in 2021

Physical stores beat online shopping in 2021. Americans spent 18 percent more on food, cars, furniture, electronics and other retail products last year compared with 2020, the Commerce Department disclosed.

TV Reaches Consumers of Office Furniture

Those who work from home and influence office furniture purchases over-index for heavy exposure to TV (5+ hours per day) in four of five 2021 representative consumer/market surveys from The Media Audit.

Spending Surges Despite Growing Inflation

U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest pace since the 1990s, the Commerce Department reported yesterday.