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 »
The National Association of Realtors announced its pending home sales index, which measures contract signings for purchases of previously owned homes, increased 1.1% to a level of 108.6 in March, up from 107.4 in February. The Wall Street Journal surveyed economists who predicted the increase. The index rose 11.1% in March from the previous year.… Read more »
Demographic trends firmly favor small luxuries, according to a report from Bank of America Merrill Lynch. Vanity capital is globally at $3.7 trillion, with expectations to grow to $4.5 trillion by 208. Typical products range from cosmetics and smartphones, to fitness wear and health foods. They also include high end products like art, cars and… Read more »
The Manufacturing Purchasing Managers’ Index (PMI), which measures the performance of the managing sector based on five weights: New Orders (30%), Output (25%), Employment (20%), Supplier Delivery Times (15%) and Stock of Items Purchased (10%), decreased in the US In April. A reading above 50 indicates an expansion of the manufacturing sector, while below 50… Read more »
The Consumer Price Index for All Urban Customers increased 0.2 percent in March, reported by the US Bureau of Labor Statistics on April 17. The index for all items less food and energy rose 0.2 percent in March, the same as seen in January and February. Many sub-indexes rose in March, including apparel, household furnishings… Read more »
The US Census Bureau reports monthly on inventory levels for retail, wholesale and manufacturing sectors. This trend will impact retailers themselves, consumer goods manufacturers, suppliers to those manufacturers and transportation carriers. The inventory-to-sales ratio in retail has been declining pretty steadily for the last 20 years, with the exception of 2008 when the recession hit… Read more »
Total apparel industry dollar sales grew 2% in the retail calendar year ended February 2015. However, in-store sales of apparel fell 2%. While New York and Los Angeles are the biggest US markets selling clothing, smaller regions like Orlando and Washington, DC are now the top markets for dollar volume increase for the apparel industry.… Read more »
Traditional Black Friday takes place the day after Thanksgiving, the biggest shopping day of the year and the most recognized branding for shoppers. Retailers are attempting to use that recognition to drive sales this spring with “Spring Black Friday” events. Home Depot stores started its “Spring Black Friday” with a cyber week of deals at… Read more »
Major retailers, trade groups and politicians gave an outpouring of congratulatory remarks last week following the introduction of trade legislation with potentially large implications for the retail industry and US economy. The trade promotion authority (TPA) legislation, titled the “Bipartisan Congressional Trade Priorities and Accountability Act of 2015” is a necessary precursor for the President… Read more »
US consumer sentiment, which measures Americans’ assessment of their personal finances, rose higher than expected in April, based on a University of Michigan survey released Friday. Analysts were hoping to see a rating of 94 in April, after a March rating of 93. Preliminary results for April rises the rating to 95.9. The survey did… Read more »
The US Environmental Protection Agency and Department of Energy will be hosting its annual Energy Star Partner of the Year awards in Washington, DC, on April 20. Of the approximately 16,000 companies who partner with the EPA on their broad-based energy efficiency program, 128 companies are being recognized as Energy Star Partners of the Year.… Read more »
