You are here
Home > Market research (Page 18)

Category: Market research

NRF: March retail sales grew despite higher inflation Market research 

NRF: March retail sales grew despite higher inflation

Gary Pageau
Retail sales grew in March even as inflation edged higher, the National Retail Federation said today. “March retail sales show that consumers have maintained their ability to spend in the face of record-level inflation, supply chain issues and geopolitical unrest,” said Matthew Shay, NRF President and CEO. “Consumers are adapting and shopping smarter for themselves and their families. We believe... Read More
NRF economist says economy has ‘strong momentum’ despite challenges from inflation, Ukraine Market research 

NRF economist says economy has ‘strong momentum’ despite challenges from inflation, Ukraine

Gary Pageau
Top challenges have shifted from COVID-19 to inflation and the war in Ukraine, but the U.S. economy will continue to face uncertainties in the year ahead, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “While the public health situation has greatly improved, the impact of the pandemic continues to spread,” Kleinhenz said. “That ripple has extended into 2022 and... Read More
PIV: German photo market still struggling Market research 

PIV: German photo market still struggling

Gary Pageau , ,
Frankfurt-based Photo Industry Association (PIV) reports the German photo and imaging market continues to decline in the second year of the pandemic. Rising average prices, the prospect of new product launches and recurring photo events should nevertheless give the industry a positive impetus this year. Photo products also remain popular with consumers. Market figures published by the PIV and GfK show a... Read More
CIPA releases 2022 outlook for camera gear Market research News 

CIPA releases 2022 outlook for camera gear

Gary Pageau
The Camera & Imaging Products Association (CIPA) has released its forecasts for cameras and related goods for the 2022 fiscal year. Total shipments of digital cameras were 94.1% of those of the previous year, and the mainstay “interchangeable lens” type cameras were 100.8%. In 2021 (January to December cumulative), the total shipments of digital cameras were 8,361,521 units, 94.1% of... Read More
NRF: January retail sales overcome Omicron, Inflation to show strong gains Market research News 

NRF: January retail sales overcome Omicron, Inflation to show strong gains

Gary Pageau
Retail sales powered through COVID-19’s omicron variant, inflation and other challenges to post strong increases in January, said the National Retail Federation (INRF). “January’s numbers show that 2022 is starting very strong for consumers and retailers, especially on the heels of a record holiday season and record sales in 2021,” said Matthew Shay, NRF President and CEO. “While the year... Read More
NRF says growth likely to continue even as Fed works to slow inflation Market research 

NRF says growth likely to continue even as Fed works to slow inflation

Gary Pageau
Coming up on two years since the short-lived 2020 recession, the United States appears to be at the midpoint of an economic cycle that should continue to see growth even as the Federal Reserve raises interest rates to bring inflation under control, said Jack Kleinhenz, chief economist, National Retail Federation. “The maturing economy remains in growth mode and there is... Read More
NRF: Retail returns increased to $761 billion in 2021 as a result of overall sales growth Market research News 

NRF: Retail returns increased to $761 billion in 2021 as a result of overall sales growth

Gary Pageau
Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 percent of total U.S. retail sales, which soared to $4.583 trillion in 2021. “As total retail sales continue to accelerate from sustained consumer... Read More
NRF says Omicron could contribute to uncertainty, inflation but shutdowns are unlikely Market research News 

NRF says Omicron could contribute to uncertainty, inflation but shutdowns are unlikely

Gary Pageau ,
The COVID-19 omicron variant will bring uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Even with the experience of the past two years, there is no model that can predict how the economy responds to a pandemic,” Kleinhenz said.... Read More
Lensrentals adds to roundup of 2021 gear rental trends Market research 

Lensrentals adds to roundup of 2021 gear rental trends

Gary Pageau
Lensrentals continues its annual data-sharing roundup for gear rented on its platform. The last data roundup piece for 2021 looks at the popularity of all photo and video gear. Among the topline observations: Canon’s R5 did well but the EF mount is still strong. The transition from DSLR to mirrorless is progressing but perhaps slower than some suggested. Most Popular... Read More
Rise Above Research: U.S. photo merchandise market bolstered by repeat buyers Market research News 

Rise Above Research: U.S. photo merchandise market bolstered by repeat buyers

Gary Pageau , ,
  A new study from Rise Above Research finds an average of 70% of buyers of photo merchandise products plan to buy again in the next year. This demonstrates the staying power and resiliency of the photo merchandise market even as it has matured and shows that most consumers still value printed photo products. Examining the five of the main... Read More
NRF: Nearly 180 million shop over Thanksgiving Holiday weekend Market research News 

NRF: Nearly 180 million shop over Thanksgiving Holiday weekend

Gary Pageau
Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. “Retailers have adapted and enticed customers with a number of incentives throughout November. The Thanksgiving holiday weekend remains a significant time for friends and families to check... Read More
IDC: Global smartphone shipments expected to grow 5.3% in 2021 Market research News 

IDC: Global smartphone shipments expected to grow 5.3% in 2021

Gary Pageau
According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones will grow 5.3% year over year in 2021, reaching 1.35 billion shipments. Due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, however, IDC has lowered its growth forecast for 2021 and 2022 from... Read More
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

Gary Pageau
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

Gary Pageau
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

Gary Pageau
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