Hispanics spend an average of $300 less per month when compared with the general U.S. population, according to new survey results from TD Bank. The TD Bank Saving and Spending Survey questioned more than 1,600 U.S. consumers about their saving…
Category: Shopping & Spending
Americans Like Getting Mail — Even Catalogs
U.S. adults are more likely to have a positive (46%) than negative (28%) reaction to seeing a catalog in the mail, reports Gallup in a recent survey. Americans 65 and older are more likely than younger adults to enjoy checking…
Asian, Hispanic Households Seen Outspending Whites
Asian and Hispanic households will outspend non-Hispanic Whites over the remainder of their lifetimes, according to the latest annual “American Marketscape DataStream” report from Geoscape. This partly owes to longer household lifespans, as each group has a longer life expectancy…
Easter Spending Expected to Grow Slightly This Year
Total consumer spending on Easter is projected to grow to $16.4 billion this year, slightly higher than last year’s projected $15.9 billion but still below 2012-2013 levels, according to the National Retail Federation (NRF). Eight in 10 adults will celebrate,…
Debunking the Myth of the “Typical” Hispanic Food Shopper Is Key to Market Growth for U.S. Retailers
Spending on food at grocery and other food stores by Latino consumers has risen more than 80% over the past 10 years, a growth rate more than double that of U.S. consumers on average. Hispanic food shoppers now represent a…
U.S. Online Shoppers’ Attitudes to Mobile Commerce
Nearly six in 10 online shoppers agree that they’re happy to receive offers or coupons via their mobile phone, but only about half as many are happy for stores to establish their location through their mobile phone, according to a…
Total Consumer Savings From CPG Coupons Increased by 2.9% in 2014
Consumers saved $3.6 billion from redeeming consumer packaged goods (CPG) coupons last year, up 2.9% from $3.5 billion the year before, according to NCH Marketing. The increase came despite fewer coupons being distributed, — 310 billion last year, down from 315…
When Consumers Abandon a Retailer’s Shopping Cart
Some 34.3% of the Internet Retailer Top 500 send shopping cart recovery emails in 2014, representing a 45.9% increase from a year earlier, according to Listrak’s latest study of the top 1,000 retailers’ email tactics. Among these top 500, a…
Global Retail and E-Commerce Sales Forecast, 2013-2018
Forget the hype. Reading the popular prints or listening to municipal lobbyists in Washington, you’d think Americans had abandoned brick-and-mortar stores. But that’s not the story, $10 of $11 in retail spending will be in brick-and-mortar locations rather than online.…
Spending Trends in Data-Driven Marketing and Advertising
Data’s role will expand considerably more important in the future, according to more than three-quarters of marketers, advertisers, service providers, technologists and publishers surveyed by the Winterberry Group and the GlobalDMA across 17 markets. The study find broad agreement across…