Customer Spending news and trends

P.F. Chang’s Considers IPO On Possible $1B Valuation, Report Says
IPO // July 22, 2021

Restaurant chain P.F. Chang’s is in talks to go public, according to a report from Bloomberg. The restaurant might be worth as much as $1 billion, and the listing could happen later this year. Chief Executive Officer Damola Adamolekun, speaking in a Bloomberg radio interview...

Value Retailer Citi Trends’ Sales Surge Fueled By Customer Loyalty, Stimulus Funds
Retail // April 14, 2021

Citi Trends, Inc., a value retailer of clothing, accessories and home trends that has nearly 600 stores throughout the country, said that its total sales for the first quarter, through April 3, 2021, soared by 77.2 percent in contrast to the same timeframe in 2020,...

Retailing 2020: Five Things To Watch
Retail // May 25, 2020

The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital shift will stick in the retail ecosystem, other elements of the landscape are harder to...

Late Holiday Shoppers Made More Use Of Store Pickup
Retail // January 17, 2020

This past Christmas was one for the procrastinators, as people seemed to be more comfortable shopping for gifts much later in the season, according to a report from CNBC. They also utilized more in-store pickups for items purchased online. Target CEO Brian Cornell noticed the...

Interviews & Exclusives
Subscription Business Performance Tied to One Key Metric Few Manage

January 09, 2023
Businesses seeking long-term success are digging into available metric data to keep customers coming back. Subscription companies have been one of the hardest-hit retail sectors as customers trim “nice to haves” from their budgets. This reality hit home this week, as continued declining sales forced Stitch Fix to announce it would be laying off 20% of its […]

Retailing 2020: Five Things To Watch

May 25, 2020
The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it’s clear that the digital...

Quick Reads
P.F. Chang’s Considers IPO On Possible $1B Valuation, Report Says

July 22, 2021
Restaurant chain P.F. Chang’s is in talks to go public, according to a report from Bloomberg. The restaurant might be worth as much as $1 billion, and the listing could happen later this year. Chief Executive Officer Damola Adamolekun, speaking in a Bloomberg radio interview earlier this year, said an IPO might be a viable […]

Value Retailer Citi Trends’ Sales Surge Fueled By Customer Loyalty, Stimulus Funds

April 14, 2021
Citi Trends, Inc., a value retailer of clothing, accessories and home trends that has nearly 600 stores throughout the country, said that its total sales for the first quarter, through...

Late Holiday Shoppers Made More Use Of Store Pickup

January 17, 2020
This past Christmas was one for the procrastinators, as people seemed to be more comfortable shopping for gifts much later in the season, according to a report from CNBC. They...

Generation Z Will Account For 40 Percent Of Shoppers By 2020

August 20, 2018
Generation Z is coming into its own, and according to new research, it will account for 40 percent of all shoppers by 2020, reported USA Today. Engagement Labs, the data...