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Tag Archives: consumers

Consumer Spending on Retail Increased in June

consumer spending

The U.S. Commerce Department announced that consumer spending on retail sales, which includes spending at stores, websites and restaurants, rose 0.5 percent in June from May’s figure, The Wall Street Journal reports. Consumer spending, contributes more than two-thirds to the ... Read More »

Home Organization Is a Growing Category

home organization

Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org Home organization products compose a growing category, and DIYers are the most frequent buyers of the cabinets, benches and other storage items they need to put their houses ... Read More »

America’s Main Streets Contest Honors Local Business

america's main streets

Starting today, you can nominate your favorite Main Street in the U.S. as part of the third annual America’s Main Streets contest. Organized by Independent We Stand, this program awards $25,000 and additional prizes to a deserving Main Street in ... Read More »

Home Remodeling Spending to Increase in 2018

home remodeling

Homeowners are expected to spend nearly $340 billion on residential repairs and renovations in 2018, according to recent data from the Joint Center for Housing Studies of Harvard University. The organization released the latest Leading Indicator of Remodeling Activity (LIRA), which ... Read More »

Instagram COO Says Users ‘Want to Hear From Businesses’

Instagram

Instagram began as a social media platform to share filtered photos with friends when it launched in 2010, and the app has grown to an online community of 1 billion people around the world since then. Now businesses are using ... Read More »

NRF: 2017 Holiday Sales Exceed Expectations

2017 holiday sales

The National Retail Federation (NRF) says increased wages, consumer confidence and strong employment contributed to holiday sales that exceeded expectations in the final two months of 2017, the organization reports. According to NRF data, sales in November and December were ... Read More »

Not All Millennial Customers Are the Same

millennial customers

If you’re like most retailers, you may often ask yourself how you can attract more millennial customers to your business. This generation is often generalized in broad strokes and described using negative words like lazy, entitled and delusional. However, millennial ... Read More »

Affluent Consumers Opt to Shop Small, Avoid Malls

affluent consumers

Spending growth at small businesses has outpaced big-box chains in the past two years and affluent consumers are contributing to the growth, according to Bloomberg. When consumers aren’t shopping online, they are seeking out businesses that provide personal connections and ... Read More »