Close Menu
  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
Facebook X (Twitter) Instagram
Friday, May 30
  • Subscribe
  • Submit Content
  • About Us
    • Contact Us
  • Advertise
    • Display Advertising
    • Email Marketing Campaigns
    • Newsletter Advertising
    • Sponsored Content
    • Lead Generation Services
  • Top Product Sources
Facebook X (Twitter) Instagram
WholesaleCentral.com Blog
  • For Buyers
    • Retail News
    • Products & Suppliers
    • Ecommerce
    • Marketing & Management
    • Trade Show News
  • For Suppliers
    • Supplier News
    • Marketing & Management
    • Importing
    • Manufacturers
    • Warehousing
    • Finance
    • Show Exhibiting
  • Wholesale 101
  • Trade Show Calendar
  • Wholesale Products
WholesaleCentral.com Blog
Home»For Buyers»Retail News»December Retail Industry Insights
Retail News

December Retail Industry Insights

Krystina MorganBy Krystina MorganDecember 2, 2022Updated:January 12, 20233 Mins Read
Facebook Twitter Email
Share
Facebook Twitter Email

With the busiest buying season of the year in full swing, we hope you are feeling the holiday spirit from your head to your mistle-toes. Even though things may look a little different this year in terms of what consumers are buying and how much money they are spending, studies are showing that retail spending numbers are still up. 

Slow Holiday Sales Growth

“October’s 1.3% retail sales growth reflects the rebound in consumer spending after flat sales in September,” Claire Tassin, Retail and Ecommerce Analyst at Morning Consult, said. “Online retail, up 1.2%, continues to perform alongside home furnishings and DIY stores, up 1.1% each. This shift tracks with a slight downward trend in the share of consumers concerned about inflation across key categories.” 

S&P Global Ratings also forecasts soft holiday sales growth this year, expecting a 4.5% seasonal increase, which is in line with the average rate of the past 20 years. They note that consumers will be allocating more of their budgets to essentials such as food and gas, and retailers will need to use promotions and discounts to clear excess inventory that accumulated as port congestion eased earlier in the year. Weak volumes and persistent cost inflation will likely stress the credit quality of retailers most exposed to holiday shopping, along with their suppliers of discretionary items such as durables, household products, and apparel. 

“The holiday shopping season is traditionally the most important sales period for the retail sector,” Sarah Wyeth, Credit Analyst at S&P Global Ratings, said. “The season typically presents opportunities for retailers to benefit from consumers’ eagerness to bring extra cheer — and gifts — to in-person celebrations, but this season will be uniquely challenging due to several factors, including weakening consumer discretionary spending, persistent inflation, inventory overhang leading to higher levels of discounting, and the post-pandemic shift back to experiences.” 

Stand Out From Your Competitors

This year’s findings are proof of a pattern that has been tracked for quite some time now: inflation is continuing to impact spending, and consumers are slightly pulling back just as we dive into the holiday shopping season. Do not let this discourage you, as shoppers are clearly still on the hunt for gifts for their loved ones — this simply means that indie retailers need to step up their marketing and promotions in order to differentiate themselves from the competition. 

To help give you a leg up, here are some hot and trending products that are sure to make your brand stand out:


hand lotion

Whipped Hand Lotion

This lightweight, hydrating hand cream instantly absorbs into the skin to treat dry hands in even the harshest climates. A potent vitamin complex packs this lotion with skin-renewing antioxidants to lighten, brighten, and tighten skin for softer, younger-looking hands. This light, whipped formula leaves hands feeling nourished and protected from environmental damage without a greasy or sticky feeling. 

Cashmere Moon
shopcashmeremoon.faire.com


palm stone

Lotus Flower Selenite Palm Stone

Perfect as an impulse buy, these selenite palm stones can be easily placed in a basket on the register counter. Each stone has a lotus flower engraved on one side and measures at least 2.5 x 1.9 inches. 

Zen and Meow
wholesale.zenandmeow.com 


wind chime

Corinthian Bells® 36-inch Windchime

The moderate size of this 36″ chime makes it one of the most versatile windchimes. It is large enough to serve as a focal point in any landscape design, yet small enough to fit above a typical porch rail. Available in eight different colors. 

Wind River
888-978-0001
www.windriverchimes.com

Share. Facebook Twitter Email
Previous ArticleThese Digital Trends Are Shaping 2023
Next Article Trending Spring Fashion & Accessories

Related Posts

5 Essential Tax Season Preparation Tips

January 24, 2024

7 Tips for Wholesale Inventory Management

January 23, 2024

Prepare Your Business for Supply Chain Disruptions

December 30, 2023
Sign Up for Buyer Updates
WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

how-to
Wholesale 101 for Buyers

Amazon Return Pallets For Sale: How to Profit

11 Mins ReadUpdated:August 9, 2024

A big trend among some online sellers is buying Amazon return pallets and overstock and…

Retail News

5 Essential Tax Season Preparation Tips

10 Mins ReadUpdated:August 8, 2024

Are you ready for tax season? April 18 is approaching quickly, and many day-to-day decisions…

Ecommerce

7 Steps to Create Successful Shipping for Your Business

6 Mins ReadUpdated:August 8, 2024

by Sidney Karanja Today’s business environment is more globalized and complex than ever before. In…

Product News

Overstock Liquidations

6 Mins ReadUpdated:August 9, 2024

Overstock inventory refers to the excess goods or merchandise that a retailer has on hand…

Latest Posts

Crafting a Marketing Strategy for Electronics Retailers

January 21, 2025

Effective Digital Marketing Strategies for Health & Wellness Brands

January 21, 2025

Mastering Beauty Ads: 10 Strategies for Engaging Your Audience | Blog.Wholesalecentrl.com 

January 21, 2025

Jewelry Marketing Strategies: How to Attract Customers and Boost Sales in a Competitive Market

December 31, 2024

How to Open a Gift Shop: A Step-By-Step Guide

December 23, 2024

Online Marketing Calendar for 2025: Don’t Miss These Critical Dates

December 17, 2024
  • About Us
  • Subscribe
  • Contact Us
  • Advertise
  • Find Wholesale Sources
WholesaleCentral.com

Join the Buyer's Network

Get news & updates only for retailers.

Follow Us:

Copyright © 2025. Sumner Communications, Inc..

Type above and press Enter to search. Press Esc to cancel.