Despite inflation, despite the volatility in discretionary spending, certain categories are holding up. Consumers are still opening their wallets to buy health and beauty products. Data from the U.S. Census Bureau showed that health and personal care-related spending was up 0.7% in July versus June, and up 8% on...
With the resurgence of travel and consumers increasingly relying on credit to pursue their experiences, one might assume that brand loyalty would become more straightforward. However, even during times of inflation, consumers are still likely to seek out the best deals to ensure they can...
January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers were released on Wednesday (Mar. 15) and showed overall sales slumping 0.4%, a sharp drop compared to the previous month’s...
Consumers’ interest in beauty and wellness products and services remained strong in the fourth quarter for Ulta Beauty. The company completed a year of record sales, profitability and member growth during the quarter ended Jan. 28. Its annual revenue topped $10 billion for the first...
June 05, 2024
As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance, discussed this demand for shopping journeys that combine the digital and physical at the William Blair Growth Stock Conference. “We really think about our business […]
March 16, 2023
January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers were released on Wednesday (Mar....
December 21, 2020
Rewards points and programs may spur customers to make purchases, but do they inspire loyalty that lives on after the transaction is made? It was the main question put to...
April 24, 2017
Buying hair color out of a box at a store is a retail experience that leaves much to be desired, as anyone who has ever tried to match a salon...
March 10, 2023
Consumers’ interest in beauty and wellness products and services remained strong in the fourth quarter for Ulta Beauty. The company completed a year of record sales, profitability and member growth during the quarter ended Jan. 28. Its annual revenue topped $10 billion for the first time, its annual net income surpassed $1 billion, and its […]
May 13, 2022
As its sales slump stretches to a year, The Honest Company is touting ongoing and new partnerships as key to helping it reverse course for its clean lifestyle brand ahead...
March 11, 2022
Ulta Beauty appears to be faring well in the increasingly fierce battle for customers in the beauty care space, as Sephora is deepening its in-store presence at Kohl’s and Walmart...
March 18, 2020
Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside their massive spaces spreading the...
