Blog: Leonie BarrieShopping begins at home

Leonie Barrie | 26 July 2006

US petrol pump costs hit an all-time high this week as prices reached an average of just over $3 a gallon on Monday. But while this is obviously bad news for motorists, what about the impact on retail sales? Liz Claiborne today blamed climbing energy prices for dampening consumer spending – and a new survey suggests that a quarter of adults are curtailing trips to the stores because of rising fuel prices.

But every cloud has a silver lining, or so it seems. Instead of leaving home for their dose of retail therapy, many consumers are now shopping from home: online, from a catalogue or the TV. The survey, commissioned by Newgistics Inc and conducted by Harris Interactive, suggests the home at the centre of other summer activities too. 85% are cooking at home instead of going out and 55% are renting movies instead of going to the cinema.

So maybe there are still ways of capturing valuable consumer dollars this summer.

Liz Claiborne Q2 profit down


BLOG

just-style market research sale

Are you planning for the year ahead and beyond? Well this week we’re offering great deals on some of our market research......

BLOG

Gearing up for the holiday shopping season

The volume of US apparel imports saw an increase in October on the prior year as retailers geared up for the holiday shopping season. Bangladesh booked the second highest growth behind India, reversin...

BLOG

Innovations to boost sustainability

Hong Kong-based textile and apparel giant Esquel Group, the world's largest woven shirt maker, is pushing ahead with the pursuit of sustainable and holistic quality. ...

BLOG

Sign up to try new re:source apparel sourcing tool for free

The old saying "Good things come to those who wait" is certainly true for re:source, the new suite of data-driven sourcing tools being developed by the team here at just-style....

just-style homepage



Forgot your password?