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NRF chief economist says pandemic recession could be easing but ‘no one has a crystal ball’ Market research News 

NRF chief economist says pandemic recession could be easing but ‘no one has a crystal ball’

The economic downturn brought on by the coronavirus pandemic was officially declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said the key question is how long it will last. “Will this recession be briefer than earlier recessions?” Kleinhenz said. “No one has a crystal ball. And just as it can take months to be certain a recession... Read More
NRF: May retail sales improve dramatically over April but still lag from 2019 Market research 

NRF: May retail sales improve dramatically over April but still lag from 2019

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, according to the National Retail Federation (NRF). “Today’s sales report is very encouraging news at a time when we need to focus on what will happen as... Read More
Rise Above Research says North American digital camera sales to decline 28% in 2020 Market research News 

Rise Above Research says North American digital camera sales to decline 28% in 2020

Rise Above Research, the new industry research firm, predicts a 28% decline in camera sales for North America this year, followed by a rebound in 2021. In 2021, North American camera sales will generate almost $2 billion in revenue. Digital camera sales have been on the decline for the last ten years, as the saturation of smartphones has dramatically reduced the... Read More
Retail sales rebound in May, but there’s still a long way to go Market research News 

Retail sales rebound in May, but there’s still a long way to go

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, according to the National Retail Federation. “Today’s sales report is very encouraging news at a time when we need to focus on what will happen as retail... Read More
IDC expects worldwide smartphone shipments to plummet 11.9% in 2020 Market research 

IDC expects worldwide smartphone shipments to plummet 11.9% in 2020

The worldwide smartphone market is forecast to decline 11.9% year over year in 2020 with shipments totaling 1.2 billion units, according to the IDC Worldwide Quarterly Mobile Phone Tracker. The forecast follows the largest year-over-year decline in history in the first quarter of 2020. Smartphone shipments are now expected to decline 18.2% in the first half of the year as the... Read More
Research vets Ed Lee, David Haueter form Rise Above Research Market research News 

Research vets Ed Lee, David Haueter form Rise Above Research

Ed Lee and David Haueter, market research veterans in the digital imaging and printing industries, have partnered to create Rise Above Research, LLC, a new market research and consultancy firm focusing on the digital imaging and photographic printing markets. The two have more than 40 years of combined industry experience working with leading industry analyst and market research firms in... Read More
Skylum “swipe report” demonstrates importance of photos in dating apps Market research 

Skylum “swipe report” demonstrates importance of photos in dating apps

Skylum, the makers of creative photo-editing tool Luminar released its “Swipe Report,” revealing, when asked which dating negatives which might otherwise be important to them could be overlooked if someone had a good photo, 28 percent of dating app/site users (US adults who have ever used an online dating service) are willing to overlook social preferences (e.g., drinking, smoking, etc.),... Read More
NRF: Recovery likely to come in “fits and starts” Market research News 

NRF: Recovery likely to come in “fits and starts”

With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come gradually and may vary by location, according to the National Retail Federation. “Getting back to work or shopping in a pre-virus manner is difficult to predict at this time, with households likely to tiptoe back in... Read More
IDC reports smartphone shipment lower in China, flat in India Market research 

IDC reports smartphone shipment lower in China, flat in India

According to the IDC Quarterly Mobile Phone Tracker, smartphone shipments in China stood at 66.6 million units in the first quarter of 2020, a 20.3% decline from 83.6 million units a year ago. This marked the largest decline ever in China as the market was hit by both supply chain disruptions and a demand slump due to lockdowns and the... Read More
Suite 48a announces “COVID-19 Mitigation and What’s Next Survey” report Market research News Opinion 

Suite 48a announces “COVID-19 Mitigation and What’s Next Survey” report

Leading imaging industry research company Suite 48a has published a free “COVID-19 Mitigation and What’s Next Survey” report. “It’s hard to describe the impact COVID-19 has had so far without sounding like a broken record –the one you keep hearing over and over in the news, or when talking with colleagues, customers or industry partners,” says Hans Hartman, Suite 48a.... Read More
Worldwide smartphones decline 11.7 percent, according to IDC Market research News 

Worldwide smartphones decline 11.7 percent, according to IDC

Worldwide smartphone shipments decreased 11.7% year over year in the first quarter of 2020 (1Q20), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped 275.8 million smartphones during 1Q20. Although the first quarter usually experiences a sequential (quarter over quarter) decline in shipments, with the average sequential decline over the last... Read More
March retail sales plummet during Coronavirus pandemic Market research News 

March retail sales plummet during Coronavirus pandemic

Retail sales saw their biggest monthly drop on record during March as the coronavirus pandemic forced restaurants, bars and many stores to temporarily close across the nation and stay-at-home orders also impacted gasoline sales, reported the National Retail Federation. But sales soared at grocery stores and were up at other retailers deemed “essential” as well, offsetting some of the decline. “COVID-19... Read More
Hartman: The most impactful potential improvement to photo print products is… Market research 

Hartman: The most impactful potential improvement to photo print products is…

Researcher and Visual 1st conference co-chair Hans Hartman published findings from his recent  2020 Photo Print Product Survey showing consumers are more activated to print by speed than any other factor, including discovery and seeing printed samples. The 2020 Photo Print Product Survey surveyed respondents whose households had ordered photo print products in the last 12 months (“would they order more photo print... Read More
NRF: January retail sales grew 2.7 percent over last year Market research Press releases 

NRF: January retail sales grew 2.7 percent over last year

Retail sales in January increased 0.2 percent seasonally adjusted over December and were up 2.7 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. “The strength of consumer spending continues to be the anchor of the current economic expansion,” NRF Chief Economist Jack Kleinhenz said. “January’s retail sales results reflect a... Read More
Confident consumers, broader buying lead to record Valentine’s Day spending plans Market research Press releases 

Confident consumers, broader buying lead to record Valentine’s Day spending plans

Coming off a strong holiday season, Americans are expected to set another record for Valentine’s Day spending this year as they continue to widen the range of those they’re buying for, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “Valentine’s Day is a sentimental tradition, but gift-giving can be driven by... Read More
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