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Circana: U.S. camera sales a bright spot over Black Friday Market research 

Circana: U.S. camera sales a bright spot over Black Friday

GaryPageau , ,
U.S. sales of consumer technology products were generally lackluster over Black Friday Week and Cyber Week when compared to last year, in line with broader discretionary general merchandise spending trends, according to industry research firm Circana (formerly NPD). While sales declined during both of these two big holiday promotion weeks, Black Friday Week performed better with a 3% year-over-year decline... Read More
NPD: Black Friday underperforms Market research 

NPD: Black Friday underperforms

GaryPageau
Black Friday week marked the sixth consecutive week of in-store sales revenue declines for U.S. discretionary general merchandise, according to the NPD Group. During the week ending Nov.26, 2022, spanning Thanksgiving, Black Friday, and Small Business Saturday, sales revenue was 5% lower than during the same week in 2021, while unit sales were down 8%, according to U.S. retailer point-of-sale... Read More
NRF: GDP growth is slower but consumer spending remains positive Market research 

NRF: GDP growth is slower but consumer spending remains positive

GaryPageau
Gross domestic product isn’t likely to grow as much in the final months of 2022 as it did in the third quarter, but consumer spending should remain strong even though its rapid pace is continuing to slow, according to National Retail Federation Chief Economist Jack Kleinhenz. “The third quarter’s results clearly dispelled the notion that the U.S. economy is in... Read More
NPD predicts low single-digit growth for US CE sales Market research Press releases 

NPD predicts low single-digit growth for US CE sales

GaryPageau
According to the forecast, wireless headphones and smart home devices will be among the top growth categories through 2021 PORT WASHINGTON, N.Y. (PRWEB) MARCH 26, 2019 – The NPD Group today shared insights from its latest Future of Tech report, a three-year technology industry forecast, which predicts low single-digit sales growth in the U.S. consumer technology market through 2021. Following a return to... Read More
U.S. dollar sales of drones increased 33 percent in 2017, says NPD Market research Press releases 

U.S. dollar sales of drones increased 33 percent in 2017, says NPD

GaryPageau ,
PORT WASHINGTON, NY (PRWEB) MARCH 15, 2018According to global information provider, The NPD Group, U.S. dollar sales of drones increased 33 percent in 2017, with dollar sales of drones priced $500 and above making up 69 percent of sales revenue. Over the past year, drones priced between $500- $999 saw the most significant sales growth compared to 2016, with dollar... Read More
The Imaging Alliance elects two new board members People on the Move Press releases 

The Imaging Alliance elects two new board members

GaryPageau , ,
WOODBURY, NY, February 22, 2018 –The Imaging Alliance, the imaging industry’s leading trade association, today announced two new board members, continuing to diversity the scope of the trade association’s influence. The new members are Peter Liebmann, national strategic accounts manager for Western Digital, and Ian Hamilton, president, technology sector, The NPD Group. “We’ve always envisioned that The Imaging Alliance board... Read More