Digital entertainment spending is continuing to win a greater share of consumers’ spending, while the share devoted to out-of-home entertainment and the arts declines, according to research from White Hutchinson.
Category: Purchase Intent
From shopping center to inclusive community space, America’s malls are evolving. “The narrative around the death of the mall is a myth and consumers don’t believe they are going to lose their local center anytime soon. Consumer demands and habits are evolving and malls are adapting to those new behaviors. The general sentiment is that malls will continue to play an important role but they will look different in the future, which is positive for communities across the country,” said ICSC President and CEO Tom McGee.
“Like an infinity pool with no end in sight, so goes the styles that set the pace for pool design trends in 2018. High-end, resort-style pools are at one end of the scale,” Lyon Financial reports. “But any backyard pool can achieve that semblance of refinement with a few carefully chosen colors and finishes. Even pool depth makes an architectural and functional statement that can exclusively define any new pool installation.”
The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s 2017 National Population Projections. By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so that 1 in every 5 residents will be retirement age.
As many families prepare to ramp up their time spent outside, it can be helpful to keep the latest trends in mind while planning for outdoor living spaces. According to research from the International Casual Furnishings Association, many people use outdoor rooms for things they can do indoors – from using cellphones for calls and games to working on computers, watching TV, eating, exercising and, of course, relaxing.
Which generation spends the most on community leisure? White Hutchinson thought it might be beneficial to analyze which generation spends the largest share of their spending, and which generation spends the most per household member at different community leisure venues. Here are the results for spending in 2016.
Technavio’s latest report on the global mattress market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. The global mattress market is forecast to showcase a CAGR of almost 7% and reach a value of $36.8 billion by 2021.
Without Harry Potter and other leading franchise titles upping the ante, print book sales in the United States returned to a more standard year for the industry in 2017. With fewer juggernaut titles and categories, overall U.S. print books sales growth was slower than in the previous three years. NPD BookScan recaps the year in books 2017.
When it comes to fashion, flashy logos have been out of vogue for a while. But a number of premium retailers say logos are back. Coach Brand President & CEO Josh Schulman told investors on the company’s second-quarter conference call that the company is seeing “a global movement in luxury brands toward a higher penetration of logo product.”
According to The NPD Group’s Checkout, a receipt mining service, close to one-third (29 percent) of total online apparel buyers purchased outerwear online in the 12 months ending November 2017, up two percentage points over the previous year. The average consumer is spending $178 when buying outerwear online, a 3 percent increase in spending over the prior year.
It’s that time of year when a lot of people hunker down indoors to watch sports and eat chicken wings. Just as sports enthusiasts choose a team, wing enthusiasts choose their type of chicken wing, either bone-in or boneless, says The NPD Group, a leading global information company.