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Recent sales increases in several discretionary categories reflect today's buying behavior, but also offer insight to help prepare for a new way of shopping.
COVID-19 and British foodservice – expect to see deals, delivery and technology as part of the ‘new normal’
The ‘new normal’ we should expect to see in Great Britain’s post-COVID-19 foodservice industry will involve three key components: deals; delivery; and the increased use of technology.
New food market research finds consumers are harnessing certain cooking appliances more often today versus year ago with the aim of reducing preparation and cook times as well as expanding in-home options.
In February, as the world watched the COVID-19 crisis unfold in China and elsewhere, the first confirmed cases were appearing in the UK, and we were heading towards the restrictions that have overwhelmed so much of British foodservice. With everyone’s thoughts focused on the restart and the recovery it makes sense to try and understand how this might be achieved.
In today’s uncertain and unsettling times, Matt Powell offers his thoughts on what sports and outdoor industry brands and retailers must act upon right now to take care of their customers and businesses.
What’s happening with those overloaded pantry shelves/freezers that consumers filled at the beginning of the virus outbreak? Almost three-fourths of consumers say they’re eating different foods now, and the vast majority of homes have five or more packages of the same item in their pantries and freezers.
A handful of project-related automotive aftermarket categories around car washing, detailing, maintenance, and repair have recently showed significant growth. The industry has a huge opportunity to encourage do-it-yourself (DIY) vehicle projects and engage with this consumer base differently.
With shelter in place orders and social distancing forcing consumers to stay in their homes, a staggering number of consumers have issues finding groceries for delivery. This need to get food into the home without going into a grocery store has shined a new light on meal kits, which had been losing popularity with consumers prior to the COVID-19 outbreak.
NPD sports industry advisor Matt Powell shares the retail sales highlights across the U.S. athletic footwear and activewear markets for the first quarter of the year.
New Horizons truly defined March 2020 for the U.S. video game market and corresponding period of social distancing. There is a synthesis between this game and this time in history that will leave the two forever connected in the world of video games.
While total prestige beauty sales are in decline in the U.S., there are several bright spots as consumers are partaking in self-care and creating a home spa environment. Despite declines across most segments, products like body oils, home scents, nail care, and hair color all posted sales growth, and some in the double-digits.
Consumers enter a mode of adjusted living as COVID-19 crisis continues. Necessity based DIYs drove sales growth of many home appliance categories in late March.
Matt Powell explains why the third week of March was a turning point in the evolving story of U.S. athletic footwear sales amid the COVID-19 pandemic. The hardest hit categories were those tied to youth spring sports, as across the nation scholastic spring sports have been cancelled or postponed.
Whether sheltering in place or under quarantine at home, work and school demands continue for many Americans. As most attempt to settle into this new reality, NPD saw historic sales increases in tech hardware and accessories over the first two weeks of March.
For the week ending March 15, total restaurant customer transactions declined 8% versus year ago. This most recent week of data reflect performance prior to restaurant dine-in closures mandated in states throughout the U.S. The results for week ending March 22 will reflect the restaurant on-premises closures.
Some retail industries are more vulnerable than others, but early data reveals short-term opportunities to help us all navigate the unknown path ahead.
Amidst the news of major leagues postponing their respective seasons due to COVID-19, Matt Powell dives into the implications these delays bring for sports retail.
Athletic footwear brands have been posting impressive direct-to-consumer (DTC) results, which have driven up their overall numbers. Is this true growth for the brand or simply a shift in retail margin dollars from their wholesale partners? The answer is, both. Matt Powell explains why.
Sports analyst Dirk Sorenson explains Peloton’s appeal, and the opportunities such media-based sports platforms present to sporting goods manufacturers and retailers.
eSports has the potential to change the way sports is perceived and pursued, and open new avenues for traditional manufacturers to create and market products. In his blog series, Dirk dives into what he considers the Internet of Fitness.
A booming shared economy inspired by reselling and recycling, socialized competition like Topgolf, and sales potential from the growing number of Baby Boomer retirees are among the opportunities Matt Powell outlines in his latest blog.
Coloring and art was the second fastest growing office supplies category online in 2019. Times change, but there’s a constant in the expressive, inspirational, and therapeutic role art has in our lives. A shifting landscape and more people tapping into this is spurring industry growth.