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NRF: September retail sales grew Market research 

NRF: September retail sales grew

Gary Pageau
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

Gary Pageau , ,
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
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’

Gary Pageau ,
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

Gary Pageau ,
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

Gary Pageau ,
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

Gary Pageau ,
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

Gary Pageau
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

Gary Pageau
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

Gary Pageau ,
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

Gary Pageau , ,
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

Gary Pageau , ,
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
NRF forecasts retail sales to exceed $4.33 trillion in 2021 as vaccine rollout expands Market research Marketing 

NRF forecasts retail sales to exceed $4.33 trillion in 2021 as vaccine rollout expands

Gary Pageau
The National Retail Federation issued its annual forecast, anticipating retail sales will grow between 6.5 percent and 8.2 percent to more than $4.33 trillion in 2021 as more individuals get vaccinated and the economy reopens. “Despite the continuing health and economic challenges COVID-19 presents, we are very optimistic that healthy consumer fundamentals, pent-up demand and widespread distribution of the vaccine... Read More
NRF: January retail sales are strong, due to stimulus funds and holiday sales momentum Market research 

NRF: January retail sales are strong, due to stimulus funds and holiday sales momentum

Gary Pageau
Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020’s record holiday season carried over into the new year, said the National Retail Federation (NRF). “January’s retail sales numbers reflect a very strong start for consumers and retailers as we look ahead to a critical year curbing the global pandemic and strengthening our... Read More
CIPA data report shows continued declines Market research News 

CIPA data report shows continued declines

Gary Pageau ,
Every year, Japan’s Camera and Imaging Products Association (CIPA) releases annual statistics for its member companies. The downward trend of the last few years continued through 2020, with 8.78 million units shipped, down from 15 million in 2019 and 20 million in 2018. Clearly, the COVID-19 global pandemic did not improve the trend, which was already in decline. Read More