Chart
| Aug 16, 2022
Source: Futuresource Consulting
Consumer electronics retailers like Apt, B&H, and Apple tout knowledgeable staff who can guide consumers through these high-consideration purchases, said Stambor. 4. Entertainment value in the experiences. Shoppers missed the in-store experience during the pandemic, and want to get back to stores. But retailers also need to think of creative ways to draw them in.
Article
| Oct 5, 2023
Chart
| Jan 17, 2024
Source: National Retail Federation (NRF)
A) Consumer electronics. B) Beauty. C) Sporting goods. D) Grocery. Consumers pulled back spending on stores selling sporting goods, musical instruments, and books, per US Commerce Department data, as cited by The Wall Street Journal. They also cut their spending at gas stations. May 15, 2023. A long way down: Consumer sentiment dropped to 57.7 this month, down from 63.5 in April.
Article
| Apr 15, 2024
Chart
| Jan 10, 2024
Source: Earnest Research
In addition to using Prime Day discounts to shop pricier categories like consumer electronics and appliances, consumers have begun to use the shopping event to stock up on more CPG products, including household essentials, grocery, and pet care items, per Numerator data.
Article
| Oct 2, 2023
It is a retailer in Brazil with a primary focus on selling consumer electronics, furniture, and household goods. Founded in 2010 after the merger of legacy retailers Casas Bahia (established in 1952) and Pontofrio (established in 1946)—along with its Bartira and Extra brands—Grupo Casas Bahia had 1,127 stores in operation at the end of Q2 2023. Falabella.
Report
| Nov 1, 2023
The US retail media market, which we estimate will surpass $45 billion this year, has reached this height primarily due to ecommerce search ad spending from brands across various categories including apparel, consumer electronics, home improvement, and CPG.
Report
| Sep 12, 2023
Chart
| Jan 1, 2024
Source: EMARKETER
Chart
| Dec 30, 2023
Source: EMARKETER; Bizrate Insights
Chart
| Dec 30, 2023
Source: EMARKETER; Bizrate Insights
Chart
| Dec 30, 2023
Source: EMARKETER; Bizrate Insights
For example, you wouldn’t go to an apparel store to reach consumers interested in buying consumer electronics. Analyst insight: “It really comes down to the most basic principle: Know your customer, and know what your customers are interested in or might be inclined to engage with,” said Stambor. Listen to the full podcast. This was originally featured in the Retail Daily newsletter.
Article
| Sep 29, 2023
Chart
| Dec 30, 2023
Source: Bizrate Insights; Insider Intelligence
Chart
| Dec 30, 2023
Source: Bizrate Insights; Insider Intelligence
We project computer and consumer electronics sales will pick up to hit a new US ecommerce high this holiday season, reaching $46.13 billion. July retail sales, when a big portion of back-to-school shopping occurs, increased more than expected, at 0.7%, according to the US Census Bureau reported by Forbes.
Article
| Sep 19, 2023
Apple’s credit card, BNPL product, and savings account put it in direct competition with financial services incumbents. With 130.1 million US iOS users loyal to its unsurpassed UX and dominant digital platform, the threat will only grow.
Report
| Jun 7, 2023
Chart
| Dec 26, 2023
Source: Mastercard
Apparel and decor start selling earlier than consumer electronics. The data: Increased searches for sweatshirts and blankets start in the first week of October and stop around the end of December, according to eBay Ads. Remote-controlled toys searches tick up around November 13, followed by headphones around November 20, and video games around December 4.
Article
| Sep 15, 2023
Adobe reported record-high levels of online discounting with the biggest impacts on toys, consumer electronics, and apparel. Promotions were spread over an extended holiday calendar. Amazon’s second Prime Day-style sale in October spurred other major retailers to launch competing events around the same time.
Report
| Mar 1, 2023
Chart
| Dec 19, 2023
Source: Insider Intelligence; Toluna Start
Spending by the computing products and consumer electronics category will surge by 11.6% next year, after bringing up the rear this year. Growth peaks, valleys, and rebounds are playing out differently for idiosyncratic industry-specific reasons.
Article
| Sep 12, 2023
The revenge of brick-and-mortar and the return to in-store shopping has constrained click and collect’s popularity in categories like consumer electronics, home furnishings, and apparel. But more and more buyers are embracing the idea of having someone else pack up their groceries. Digital grocery shopping is booming in general.
Report
| Feb 15, 2023
That's almost a third of them, and 39% from the same survey said that they're using BNPL for clothing, 11% for grocery, 10% for consumer electronics. Those are pretty big numbers. It's really something that retailers need to think about. And going back to your first point, Arielle, about debt and spending, Gen Z actually has the fastest growing credit card debt of all generations.
Audio
| Nov 29, 2023
Why it’s worth watching: As competition in the VR and mixed reality (XR) space intensifies, we could see consumer electronics giants team up with Big Tech companies to create more affordable headsets—accelerating VR rollouts. With Apple’s Vision Pro expected to ship in 2024, other firms are gearing up to compete against the iPhone-maker’s $3,500 headset.
Article
| Sep 6, 2023