Practical considerations about price, convenience and product quality are paramount when consumers consider where and how to do their back-to-school shopping, whether in-store or online, according to the new back-to-school report from The NPD Group.
Among the potential housewares beneficiaries of Prime Day and Amazon’s push to sell more of its Alexa-operated devices is Nespresso, according to NPD Group Checkout Tracking, a service that analyzes receipt data.
A newly released study from The NPD Group’s Checkout Tracking shows that some of the biggest names in retailing and food service have become thoroughly woven into American life, reaching a high percentage of buyers at least once a year with Walmart, McDonald’s and Target on top. More than 80% of consumers in the United States shopped at those retailers in 2016.
Despite a challenging retail environment that continues to see traditional brick-and-mortar retailers consolidate their store operations, The NPD Group is forecasting a modest sales increase for the housewares segment in 2017.
The NPD Group’s home division presented its fourth annual industry performance awards during the International Home + Housewares Show Saturday.
The NPD Group has identified home fragrance as a retail opportunity with consumers who are thinking about holiday entertaining.
The NPD Group, in its 2016 annual Home Holiday Gift Predictions, suggested that the housewares industry would be happy as this year closes.
According to the NPD Group Connected Intelligence wearables industry overview and forecast, while overall activity tracker ownership continues to see growth, up more than 11 million devices in the second quarter compared to the year prior, the most substantial growth in the category includes devices with heart rate monitors.
The NPD Group, as part of its Checkout Tracking studies, recently ran an analysis to look at the behavior of Amazon Echo purchasers, and the speaker/smart home hub link to Amazon’s voice command Alexa service is turning into a key influence on owners.
NPD has reported that Millennials are at the center of the niche segment of consumers embracing craft coffee brewing methods at home. Fueled by this trend, NPD is forecasting 9% growth in coffee consumption by 2024.
