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12 Jan, 2024
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Category: Trends and Shopping Data

Halloween Spending to Reach Record $12.2 Billion

September 20, 2023 Ina Steiner
National Retail Federation

Halloween will be a treat for retailers this year, according to data from the National Retail Federation (NRF). Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 […]

News, Trends and Shopping DataHalloween sales, NRF, Prosper Insights & Analytics

Holiday Online Spending Forecast to Grow over 6 Percent in 2023

September 19, 2023September 19, 2023 Ina Steiner
shopping

Online spending during the holidays may increase 6.7% year-over-year (YOY), according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. It expects in-store […]

News, Trends and Shopping DataHoliday shopping 2023, Mastercard SpendingPulse

Will New AI Capability Send Shoppers to Google First?

May 11, 2023May 11, 2023 Ina Steiner
Google

Google launched a new generative AI tool that is designed to make shopping easier. It comes at a time when shoppers may be more frequently starting their shopping directly on an ecommerce website like Amazon […]

1 CommentNews, Trends and Shopping DataGoogle, Google AI, Google Search Generative Experience

Online Sellers Should Heed FTC Warnings on AI

May 4, 2023May 4, 2023 Ina Steiner
Federal Trade Commission

The FTC issued a warning to companies about their use of AI (artificial intelligence) in commercial practices. It’s easy for online sellers to forget they’re obligated to comply with consumer-protection laws, but some fairly small […]

2 CommentsNews, Security and Fraud Issues, Trends and Shopping DataAI, FTC, Generative AI

A Third of Shoppers Go Online for Easter Spending

April 2, 2023April 2, 2023 Ina Steiner
National Retail Federation

Easter is a week away, and a third of consumers planned to buy Easter gifts online, according to the National Retail Federation. Easter spending is expected to reach a record $24 billion this year. As […]

2 CommentsNews, Trends and Shopping DataEaster shopping, NRF

After 70 Years, Kovels Sells to Antique Trader

March 29, 2023March 29, 2023 Ina Steiner
Kovels

The Kovels, renowned publishers in the antiques and collectibles space, have sold their business to the parent company of Antique Trader. Active Interest Media (AIM) pointed to the growth of the collectibles industry and said […]

News, Trends and Shopping DataActive Interest Media, Antique Trader, Corinne Zielke, Kim Kovel, Kovels, Terry Kovel

The Auction Professor on Selling Other People’s Stuff

January 26, 2023January 26, 2023 Don Heiden
Contract

In today’s column, Don Heiden, aka the Auction Professor, talks about his experiences with consignment selling – including the most expensive item he sold on behalf of a client – and some things resellers should […]

4 CommentsNews, Trends and Shopping DataConsignment sales, The Auction Professor

Managing Returns Begins Before the Holiday Season

December 29, 2022January 21, 2023 Ina Steiner
Boxzooka's Brendan Heegan

The best way for online sellers to deal with returns is to reduce their numbers and to have a system in place for those that are unavoidable. That advice comes from logistics expert Brendan Heegan, […]

News, Trends and Shopping DataBoxzooka, Brendan Heegan, Fulfillment, Interview Series, Returns

Online Holiday Sales Grew 10.6% over Last Year

December 28, 2022December 28, 2022 Ina Steiner
Holiday shopping

Holiday retail sales in the United States in 2022 grew 7.6% over last year, and online sales grew 10.6% – a fairly narrow spread. The data comes from Mastercard SpendingPulse which tracks in-store and online […]

1 CommentNews, Trends and Shopping DataHoliday shopping 2022, Mastercard SpendingPulse

Strong Shopping Expected after Christmas

December 13, 2022December 13, 2022 Ina Steiner
National Retail Federation

People will be shopping in force online and in-person on “Super Saturday,” according to the National Retail Federation (NRF), which falls on December 17. And while the window is closing for online sellers to fulfill […]

1 CommentNews, Trends and Shopping DataHoliday shopping 2022, NRF, Phil Rist

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