The handbag market is growing for both men and women as they look for better ways to carry around their mobile and tech devices. Analysts says both global and national brands are competing in this market and are reporting higher sales as next year’s styles are being rolled out.
Tag: purchase intent
Pawn Shop Clients Seeking 30-Day Loans
Now that the economy is improving, pawn shop owners are preparing for a change in business. During the recession, consumers were visiting pawn shops to sell their gold jewelry. These days, consumers are back to using pawn shops to secure short-term loans. The latest report from the National Pawnbrokers Association indicates that small 30-day loans are the most popular product.
Manicure Clients Seeking Glitter, Rhinestones, 3-D Art
Today’s salon clients are eager to make a fashion statement with their decorated fingernails. NAILPRO’s 2014 State of the Industry report reveals the latest trends in nail salons. The report also highlights other services that consumers are paying for at nail salons.
80% of Men Now Using Scented Products
The 2014 Men’s FragranceTrack Report from NPD shows 80% of men use scented products. Those who use cologne are also likely to use scented body products. Men have grown comfortable buying these products for themselves and are open to new fragrances. Their purchase decisions are influenced by a number of factors including price and the preferences of their romantic partners for a specific scent.
Holiday Shoppers Showing Their Price-Conscious Side
Valpak, a coupon powerhouse for more than 45 years, has tracked shopping trends in its annual readership survey, and found some surprising differences in consumer purchasing decisions this holiday shopping season.
Pet Owners Seeking Premium Products
Driven by increased focus on pet health and the powerful role in pet owner lives of the human-animal bond, U.S. sales of pet food will rise 16% between 2015-2018 to reach $33 billion. The projection was made by market research publisher Packaged Facts in Pet Food in the U.S., 11th Edition.
In Menswear: Socks are the New Neckties
The garment historically worn for warmth and protection is making a move from commodity to fashion piece, with growth over the past few years morphing it into a $5.6 billion industry as of the 12 months ending August 2014 (Sept’13 – Aug’14), according to global information company The NPD Group. The socks category outpaced the overall $206.7 billion apparel market, growing +2 percent during this time, and also experienced strong growth in 2013, +8 percent, and in 2012, +5 percent.
Nearly 60% of Small Business Saturday Shoppers Have Above-Average Incomes
Nearly 60% of U.S. Adults who shopped at a locally-owned business on Small Business Saturday in 2013 had above average incomes, according to a new whitepaper released today by AudienceSCAN®.
Smokers Turning to E-cigarettes
Consumers are getting the message that smoking is not good for their health. But a significant percentage of the population continues to indulge in the habit. As they encounter a more hostile environment toward traditional cigarettes, some smokers are turning to e-cigarettes according to BlueShiftIdeas research.
New Vehicle Sales to Reach 17 Million SAAR Units in 2014
New-vehicle sales are expected to increase 9.1 percent year-over-year to a total of 1.24 million units, resulting in an estimated 16.4 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book. Based on the robust sales pace during the past few months, Kelley Blue Book is adjusting its sales outlook for 2014 from 16.3 million to 16.4 million.
Foodies Drive Sales of Small Home Appliances
The U.S. small home appliance market grew 4 percent to $19.6 billion in the months from July 2013 through June 2014. The NPD Group is reporting brisk sales in the small appliance sector. Consumer interest seems to center on two areas of interest – small appliances which offer good functionality and those which offer something new.
Energy Drink Fans Drive C-Store Sales
Earlier this year, Mintel reported that U.S. consumers continue to reach for energy drinks. The market, comprised of both drinks and shots, is worth over $12 billion annually. C-stores continue to hold onto a significant share of the retail sales (50%) in this category as they target the core audiences for these beverages.
