HomeWorld Presents On Point With NPD: The Continued Growth of Home Entertaining
HomeWorld BusinessEntertaining at home remains a key part of American’s lifestyle and also offers a host of selling opportunities for the world of housewares. In the sixth episode of “HomeWorld Presents On Point with NPD,” Joe Derochowski, home industry analyst for the NPD Group, discusses the opportunities home entertaining offers across a host of product categories.
March 16, 2018
HomeWorld On Point: Live from the 2018 International Home + Housewares Show
HomeWorld BusinessIn this Special Edition of “HomeWorld Presents On Point with NPD,” Joe Derochowski, home industry analyst for The NPD Group, shares his thoughts on how new products seen at the International Home + Housewares Show in Chicago are designed with specific consumer trends in mind. Derochowski also provides insight on the relationship between retailers, vendors and consumers, and future selling opportunities for suppliers and retailers.
March 7, 2018
How Customers Buy
The Robin ReportIf you’re a retailer who sells tech products, or apparel, or footwear, you may have noticed a shift in online versus in-store sales of certain items. Maybe you’ve seen your best customers suddenly start to fall off. Have they lost interest in that product or a particular brand that you carry? Find out in this Robin Report byline by Liz Cutting, Executive Director, Checkout, at The NPD Group.
March 5, 2018
HomeWorld Presents On Point With NPD: The Impact of Health & Wellness
HomeWorld BusinessAmerican consumers remain focused on finding ways to make healthier meals at home as part of an effort to improve their overall health and wellness. In the fifth episode of “HomeWorld Presents On Point with NPD,” Joe Derochowski, home industry analyst for The NPD Group, discusses the selling opportunities health & wellness presents for housewares suppliers and retailers.
February 22, 2018
Can Private Labels Revive Retail?
The StreetHold on to your retail stocks, investors. Apparel sales may have dipped 2 percent in 2017, according to the latest report from The NPD Group, but retailers across the board have an age-old trick up their sleeve: the private label.
February 21, 2018
Why the Chief Experience Officer Is Retail's New Change Agent
Footwear News
“Given all of the choices that consumers have today, all brands and retailers need to be focused on the experience that their consumers have with their brand or store,” Beth Goldstein, an industry analyst for fashion, footwear and accessories at The NPD Group Inc., told FN. “If their experience isn’t good, they’ll go elsewhere and they’ll write bad reviews and share on social media, which can be hard to control."
February 21, 2018
NPD Study: Growth Slowing in Lead Category Drivers
WWD
While Millennials, ath-leisure and e-commerce continued to bring some spark to fashion last year, the overall apparel industry lost momentum, according to a report from The NPD Group.
February 21, 2018
A German Company Built a “Speedfactory” to Produce Sneakers in the Most Efficient Way
QuartzMatt Powell, vice president and sports industry analyst for market-research firm The NPD Group, is a well-known sneaker expert, and notoriously skeptical of the value of hyped but limited-scale endeavors. But he believes Speedfactory, in combination with the other innovations Adidas is working on, particularly its partnership with innovative 3D-printing firm Carbon, could provide huge benefits.
February 13, 2018
On Valentine’s Day, Nothing Says Love Like a Plate of Chicken Wings
The Wall Street JournalThey’re fussy, hard to eat, and now rank alongside flowers, chocolate and champagne. One explanation: There’s a shared intimacy in messy eating. Restaurant orders of chicken wings—1.1 billion in the U.S. last year—are 14 percent higher on February 14 compared with other days of the month, excluding Super Bowl Sunday, of course, according to Bonnie Riggs, restaurant analyst for The NPD Group, a market-research firm.
February 9, 2018
These 7 Young Executives Are Shaping the Footwear Industry's Future
Footwear NewsTwo Ten Footwear Foundation’s new Associate Board comprises young leaders in the shoe industry who are determined to make a difference. Among them is NPD's very own Sarah Bloch, executive director of fashion footwear and accessories, who shares how she got involved with Two Ten, the mentors who helped her, and the importance of pushing the next generation to the forefront.
February 8, 2018
Kale to Go: Amazon to Roll out Delivery at Whole Foods
ABC NewsAmazon is bringing its speedy delivery to Whole Foods. The online retail giant plans to roll out two-hour delivery at Whole Foods this year to those who pay for Amazon's $99-a-year Prime membership. It is the company's biggest move since it bought the organic grocer last year. While convenient, not everyone wants other people picking out their eggs or fruit. A major hurdle for companies that offer grocery delivery is getting those people to sign up, said Darren Seifer, a food and beverage industry analyst at The NPD Group.
February 6, 2018
E-commerce Picks up the Pace
HSB Dealer
U.S. online sales of home improvement products increased 34 percent in 2017, reaching nearly $20 billion, according to ecommerce insights from The NPD Group’s Checkout E-commerce Tracking consumer receipt mining service. Double-digit growth was prevalent across all major home improvement category segments last year – everything from plumbing and hardware to outdoor living and decor.
February 5, 2018
HomeWorld Presents On Point With NPD: Raising Private Label Expectations
HomeWorld Business
The continued growth of e-commerce has brick-and-mortar retailers looking for new ways to level the competitive playing field. For some, private label product lines may be the answer. In the fourth episode of “HomeWorld Presents On Point with NPD,” Joe Derochowski, home industry analyst for The NPD Group, discusses ways retailers can successfully develop private label programs.
February 5, 2018
Retailers Rejoice as Eagles Merchandise Flies off the Shelves
New York PostPhiladelphia Eagles fans weren’t the only ones celebrating the team’s victory in Super Bowl LII. "Whenever you have a team that has not been in the postseason and won a championship, it’s very meaningful to sales,” Matt Powell, The NPD Group's senior sports industry adviser, told The Post. “People who might not think about buying a T-shirt or jersey are stepping up,” Powell added.
February 1, 2018
Target Begins Same-day Delivery as Shipping Wars Heat Up
TODAY ShowStarting Thursday, Target is launching a new same-day delivery service in an attempt to compete with fellow retail giants Amazon and Walmart. Food Industry Analyst Darren Seifer weighs in on how to stay competitive in this space.
January 30, 2018
Apparel Subscription Services: How Can Subscription Retailers Be Successful?
The Robin ReportSubscription’s success is best measured by the year-over-year retention rate of its customers. As our NPD Checkout E-commerce Tracking found, an average of only 49 percent of subscribers stayed on as active users from one year to the next. Whether big or small, if a company is not retaining their customers, they’re not going to be able to survive for long. So how can subscription services move the needle on their retention rates? Chief Industry Advisor Marshal Cohen weighs in on how these services can retain customers in this Robin Report byline.
January 26, 2018
Outdoor Gear Sales Slip as Millennials Drive Shift in Habits
The New York TimesThe NPD Group announced retail sale this week as manufacturers and buyers gathered in Denver for the Outdoor Retailer and Snow Show, the industry's biggest winter marketplace. Millennials — sometimes defined as people born between 1982 and 2004 — are less likely than the previous generation to demand outdoor gear that stands up to extreme conditions, said Matt Powell, NPD's senior adviser for the sports industry. He used boots as an example. "The hardest, the most extreme condition some of these boots are going to have is walking from the Prius to the craft brewery," he said.
January 23, 2018
Think Tank: Online Apparel Picks Up Steam — and Customers — in 2017
Women's Wear DailyClimb aboard if you’re not already on this train. Apparel had the greatest increase in online buyer penetration of any retail industry: the percentage of all e-commerce consumers buying apparel online has grown 4 points to 51 percent in the 12 months ending October 2017. Marshal Cohen, chief industry advisor, retail at The NPD Group Inc., shares insights behind the data.
January 22, 2018
Inside Amazon’s High-tech Grocery Store
NBCRetail powerhouse Amazon is disrupting retail yet again, with the opening of its checkout-free Amazon Go grocery store in Seattle. NPD's food consumption industry analyst, Darren Seifer, says that if Amazon can perfect this method of checking out, it will send a signal to other grocers that they need to step to up their game in providing convenience to consumers.
January 19, 2018
‘Fire and Fury’ Drives Big Unit Sales Gain
Publishers WeeklyBig sales of Fire and Fury by Michael Wolff helped boost sales 9 percent higher in the week ended January14, 2018, than in the comparable week in 2017 at outlets that report to NPD BookScan. The book, which sold more than 191,000 copies, generated most of its sales through the retailer and book club channel; fewer than 1,000 copies were sold via the mass merchandiser/other channel.
January 18, 2018
Apparel Subscription Services: Has Their Time Passed, or Are They Still in Their Infancy?
The Robin ReportJust over 4 percent of online apparel buyers purchase online apparel subscription services according to NPD’s Checkout E-commerce Tracking, which analyzes purchases at the receipt level. Chief Industry Advisor Marshal Cohen weighs in on how these services can retain customers in this Robin Report byline.
January 9, 2018
HomeWorld Presents On Point With NPD: What’s Hot For 2018
HomeWorldWhat housewares categories are the best bets for 2018? How will consumer demographic and lifestyle trends direct housewares consumption during the year? These are some of the questions answered in the third episode of “HomeWorld Presents On Point with NPD,” featuring insights and projections by Joe Derochowski, home industry analyst for The NPD Group.
January 2, 2018
Americans Will Eat a Record Amount of Meat in 2018
BloombergFor all the buzz about pea protein and lab-grown burgers, Americans are set to eat more meat in 2018 than ever before. “If you look at the items that consumers say they want more of in their diet, protein tops the list,” said David Portalatin, a Houston-based food industry advisor for The NPD Group.
December 21, 2017
Retail's Hopes for the Holiday Season
BloombergThe 2017 holiday season is primed to be a good one for retail, but Marshal Cohen, Chief Industry Advisor - Retail at The NPD Group, says it's not for all the right reasons. Consumers are buying a lot of product, but the product is on sale, so margins are stressed. And Americans got a late start to shopping for gifts this year, with earlier activity focused on self-gifting. See how this behavior, paired with the growth of online, have changed the sport of shopping as we once knew it in this Bloomberg interview.
December 20, 2017
How We’ll Dine in 2018: The Rise of the All-Day Menu
The Wall Street JournalLife moves pretty fast. Power lunches are out, and who sits down to a formal dinner these days? In the next year, expect more restaurants where mealtimes are mutable and noshing is the new dining. According to Bonnie Riggs, a restaurant-industry analyst for The NDP Group, “the dinner meal occasion, especially for full-service restaurants, has been declining for years. But breakfast visits are on the upswing, and demand for delivery and take-out across all meal periods is surging."