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Remote Working and Learning Have Led to Unprecedented Growth in the Consumer Technology Industry in Canada, but will the Momentum Last This Holiday Season?
It’s no secret that the holiday season is one of the most important times of the year for electronics spending in Canada. While 2020 has certainly presented its fair share of challenges for retail in general, consumer technology is well positioned to finish the year off strong. For the year to date ending October 2020 total technology sales are 20% ahead of last year.
Distribution continues to play a vital role as the engine of the channel and will be an important area of focus as we head into 2021.
For the quarter, athletic footwear sales in the U.S. declined in the mid-singles while activewear grew in the low single-digits. Read Matt Powell's recap here.
The commercial office supplies and B2B technology channel saw challenges this spring as schools and office buildings closed amid the pandemic. We’re sharing unique perspectives on what's ahead from Leen Nsouli, NPD’s office supplies analyst, and Mike Crosby, NPD’s B2B technology analyst.
How will athletic footwear sales fare? Will bikes and home fitness equipment sales maintain their momentum? Matt Powell outlines his holiday expectations here
Fashion footwear and accessories categories that align with consumers’ current lifestyles will emerge as winners this holiday season.
The surge in player count and engagement, combined with reduced spending in experiential gifting should combine to result in more available holiday dollars for video game products and services in the U.S.
While the Verizon/Tracfone deal will certainly increase pressure on T-Mobile and AT&T, the biggest impact may be felt by Dish, which now owns the Boost Mobile brand. Hear more from NPD's Connected Intelligence President, Eddie Hold, on the deal.
Holiday 2020 will be as unpredictable as the months leading up to it, but the season's spirit of giving will drive consumer spending, and new ways of shopping.
The U.S. book market is on track to have one of its best years since NPD BookScan started tracking book data in 2004.
Matt Powell outlines his expectations for the holiday season and second half of the year.
Footwear and backpacks are back-to-school staples, but purchase decisions will be made through a very different lens this year.
NPD’s B2B Technology analyst, Mike Crosby, takes a look at COVID’s impact on education spending.