Retail

4 Key Retail Trends to Consider

The glitz and glam of runway shows are great but as Mercedes Gonzales, director of Global Purchasing Companies, put it, “Besides knowing what colors, fabrications or silhouettes are in style, we also have to think about how the consumer is thinking.” Speaking Wednesday at a Texworld USA seminar in New York, she outlined the top trends and consumer preferences reshaping the retail landscape.

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Retail

Survey: Baby Boomers and Seniors Are Shopping Online

At nearly 77 million strong, Baby Boomers (those aged 51 to 69) control more than 75 percent of U.S. wealth, according to the International Council of Shopping Centers (ICSC), and the U.S. Government Consumer Expenditure Survey says they’re spending more than $400 billion of that on goods and services each year—and not just in brick-and-mortar stores.

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