Consumers hit 'pause' after surge of spending in late 2024
"The resilience demonstrated during Holiday 2024 is promising, but retailers must anticipate challenges like shifting purchase priorities and changing spending schedules."
Circana
Circana report highlights the role of personalization in supporting GLP-1 weight-loss users
The rise in medication usage for weight loss unlocks opportunities for innovation in health-focused products and services.
All things looking jolly and bright for 2024 holiday season
The National Retail Federation (NRF) is projecting a sales growth of 2.5% to 3.5%, estimating total holiday sales between $979.5 billion and $989 billion.
Circana: Hispanic consumers drive 16% of total U.S. CPG growth
These reports highlight that Hispanics now make up 20% of the U.S. population and account for 71% of national population growth between 2022 and 2023.
Circana sees modest gains in 2024 back-to-school tech sales
Wearables and tablets lead growth as overall revenue increases 1%, with value-driven spending shaping back-to-school sales trends
Circana reports that holiday shopping should be up this year
Holiday shoppers plan to spend an average of 2% more than last year, and Black Friday hits 4-year high in expectation of best holiday deals.