Paycheck-to-Paycheck Holiday Shopping, 3 Key Department Store Trends, Retail Fights Smash-and-Grabs

Department Stores

A trio of key trends could help department stores recharge the stagnant sector. Plus, the retail industry fights against the viral spread of smash-and-grab incidents, and paycheck-to-paycheck consumers will determine the success of the holiday shopping season.

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    Data:

    21: Number of large retail executives calling on Congress to help fight smash-and-grab retail crime.

    9.6%: Increase in wholesale prices in November 2021 from November 2020.

    57%: Portion of U.S. consumers living paycheck to paycheck.

    52%: Share of American shoppers who get their online orders delivered to their homes

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    88%: Portion of U.S. consumers who make in-store purchases daily, weekly or monthly.