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NRF: October retail sales grew as consumers got an early start on holiday shopping Market research News 

NRF: October retail sales grew as consumers got an early start on holiday shopping

Retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season, the National Retail Federation said today. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” said Matthew... Read More
Smartphone shipments decline 6.7% in third quarter Market research News 

Smartphone shipments decline 6.7% in third quarter

The double-digit growth in the smartphone market in the early quarters of 2021 came to an end in the third quarter of 2021 (3Q21) as worldwide shipments declined 6.7% year over year. According to preliminary data from the International Data Corp. (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 331.2 million units during the quarter. Although a... Read More
NRF: Holiday spending reflects continued consumer demand, still will be down from 2019 Market research News 

NRF: Holiday spending reflects continued consumer demand, still will be down from 2019

Consumers plan to spend $997.73 on gifts, holiday items, and other non-gift purchases for themselves and their families this year, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. Despite the continued supply chain disruption, this is on par with consumer spending last year. “Every year retailers plan their seasonal inventory, staffing... Read More
NRF: September retail sales grew Market research 

NRF: September retail sales grew

Retail sales increased again in September as worries about the COVID-19 delta variant pushed consumer spending toward merchandise rather than services like dining, entertainment or travel despite supply chain disruptions and inflation, according to the National Retail Federation (NRF). “Today’s retail sales data confirms the sheer power of the consumer to spend, and we expect this to continue,” said Matthew... Read More
Printbox shares the results of Smart Creation testing Market research News Sponsored post 

Printbox shares the results of Smart Creation testing

Whether Artificial Intelligence in the photo printing industry provides stunning presentations only, or will it actually increase sales? What will make the end-users excited and bring a crucial improvement for the customers? In October 2020, Printbox launched the Smart Creation – an AI-powered solution that automates the photobook design process. Unlike the traditional path, the algorithm selects images for a... Read More
The Dead Pixels Society podcast: Photo print and media market outlook, with Ina Hilker, Felix-Schoeller Group Market research Podcasts 

The Dead Pixels Society podcast: Photo print and media market outlook, with Ina Hilker, Felix-Schoeller Group

Gary Pageau of the Dead Pixels Society talks with Ina Hilker, head of market intelligence, Felix-Schoeller Group.  Hilker is the author of a new free report, “Photo Printing Market Trends,” from Felix-Schoeller. In this interview, Hilker discusses the impact of COVID-19 on the photo printing market, considerations for the application of different printing technologies, and the outlook for the post-pandemic future. To download the report, click here.... Read More
NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’ Market research News 

NRF: August retail sales rise despite ‘Trifecta of Macroeconomic Headwinds’

The National Retail Federation (NRF) said retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending. “The increase in August retail sales reflects the continued strength of the American consumer and the resilience of our nation’s retailers,” said Matthew Shay, NRF President and CEO. “In spite of the ongoing challenges of... Read More
IDC: Global smartphone shipments continue to grow Market research News 

IDC: Global smartphone shipments continue to grow

While the supply chain situation hasn’t drastically improved, the smartphone market has shown positive results in recent quarters. According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are expected to grow 7.4% in 2021, reaching 1.37 billion units, followed by 3.4% growth in 2022 and 2023, respectively. The 7.4% growth can be attributed to a... Read More
NRF says July retail sales hampered by tight supply chain Market research News 

NRF says July retail sales hampered by tight supply chain

Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities like going out to dinner and traveling despite the delta variant, according to the National Retail Federation (NRF). “July retail sales showed slight deceleration in spending, but nothing to derail our outlook for... Read More
IDC: Global smartphone market grew 13.2% in the second quarter Market research 

IDC: Global smartphone market grew 13.2% in the second quarter

Overall smartphone shipment volumes grew 13.2% year over year in the second quarter, slightly beating IDC’s forecast of 12.5% growth. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 313.2 million devices during the quarter, which further proves this market is headed back toward sustained growth. Every region contributed... Read More
NRF: May retail sales reach near-record level despite monthly decline Market research News 

NRF: May retail sales reach near-record level despite monthly decline

Retail sales remained at elevated levels in May despite month-to-month fluctuations that masked near-record performance, the National Retail Federation  (NRF). “While May retail sales were down slightly, largely due to supply chain constraints, the more accurate indicator remains in the year-over-year data which, as the NRF calculates, showed growth of over 17 percent,” says  Matthew Shay, NRF President and CEO.... Read More
Rise Above Research study finds adding value to prints can boost photo printing Market research News 

Rise Above Research study finds adding value to prints can boost photo printing

According to a new study from Rise Above Research, nearly half of all respondents are interested in printing more information on the back of their photos. This shows the U.S. photo print market still has opportunities for growth and sustainability through new features that add value to printed photos. The interest level in the ability to print more information on... Read More
CIPA: Cameras bouncing back after 2020 disaster Market research News 

CIPA: Cameras bouncing back after 2020 disaster

After an abysmal 2020, the Japanese camera manufacturers are reporting the first quarter of 2021 is showing signs of life. According to CIPA, the Japanese camera manufacturer association, interchangeable lens cameras almost doubled shipments in March shipments, compare to last year. For the quarter, ILCs are up 18 percent in volume and 48 percent in value compared to the same... Read More
NRF: Economy “has come a long way” in a year Market research News 

NRF: Economy “has come a long way” in a year

With more vaccines in arms, federal stimulus putting money into pockets, and consumers shopping again, the U.S. economy has made dramatic progress since the coronavirus pandemic brought activity to a near-standstill this time last year, according to the National Retail Federation (NRF). “The economy has come a long way compared with a year ago,” said Jack Kleinhenz, chief economist, NRF.... Read More
Suite 48a releases do-it-yourself video creation app report Market research 

Suite 48a releases do-it-yourself video creation app report

Do-It-Yourself (DIY) video creation apps – apps used by non-video professionals – are a powerful driver behind the current surge in sharing and in viewing of user-generated videos, according to a new study by Suite 48 Analytics. Under the hood, AI-based innovations are enabling this new generation of apps to overcome the traditional dilemma of creative power versus ease of... Read More