Why Out-of-stocks, Data Mismatch, and Hidden Demand Still Catch Out Beauty Brands When beauty brands review retail performance, the picture often looks reassuring. Availability appears high. Sales reports feel complete. Forecasts are built on what was sold. But our conversations with brands working directly with Ulta and Sephora reveal a more complicated reality. One where... Read more »
Holiday shoppers have just a few more days to get their shopping done. Do they order online and get it shipped? Do they order online and then pick up in store? Or do they go into a store hoping to walk out with the items they want to purchase? Retailers have the challenge of meeting… Read more »
The holiday season is upon us, and how DIY retail will fare remains to be seen, but 2016 by most accounts has been a great year for DIY retail. The North American Retail Hardware Association (NRHA) is estimating industry growth for 2016 to end at 5.8%. The Home Improvement Research Institute (HIRI) is estimating a… Read more »
I think my family set a new record yesterday. As we were pulling into the driveway last night after our daughter’s high school chorus concert, I looked at the house, admiring our holiday lights, and spied a package on our front porch. I laughed and told my husband that I think that brought the day’s… Read more »
Exciting customer news: Stoner Car Care unveiled their NEW Aston Martin Race Car at AAPEX 2016 earlier this month!
RVCF’s Annual Fall Conference is just a few days away! We’re working on dozens of last minute details and are looking forward to seeing our customers and partners as well as make new connections. Attendees can find us in the exhibit hall at booth #30. You’ll have the opportunity to learn more about us and… Read more »
Future Market Insights released a report today that estimates the global perfume market is estimated to reach $39.67 billion by the end of this year, and expects growth of this segment of 5.9% over the next ten years. The firm looked at several Accelerated Analytics beauty and fragrance companies for its report, including Estee Lauder… Read more »
The National Retail Federation (NRF) conducted a survey last week, and found that more than 25% of shoppers say the election will affect their spending. 43% of consumers also state they are being more cautious with their spending because of election uncertainty. Retailers are seeing this effect and are making adjustments. Target and Wal-Mart are… Read more »
According to the Customer Growth Partners’ 16th Annual Holiday Forecast, retail sales for the November-December holiday period will reach $632 billion. The record figure represents an accelerating 4.1% year-over-year increase in holiday sales and significantly exceeds 2015’s tepid 3.6% growth. Rising incomes and deflation in food prices, apparel and electronics are fueling the growth. “Consumers… Read more »
Lowe’s has successfully tested the Microsoft HoloLens in its stores in Raleigh and Seattle – so successfully that it plans to expand the technology to three more yet-to-be-disclosed locations. The HoloLens brings high definition hologram images overlaid to real world surroundings. A customer can use the technology to visualize their home improvements. For example, a… Read more »
The National Retail Federation (NRF) annual survey reveals this Halloween should reach an 11-year high in retail spend, to $8.4 billon. US shoppers are expected to spend an average of $82.93, up $8.60 per person compared to 2015. While candy sales ($2.5 billion) are always attributed to Halloween, retailers should see an uptick in sales… Read more »
