Jill Standish

Jan 9, 2025 | forbes.com | Jill Standish

While luxury is often more resilient to economic uncertainties, it is not immune. In the first half of 2024, 42% of publicly listed luxury companies reported negative growth, with revenue declining by 0.4% according to Accenture research. This category slowdown follows a period of double-digit annual growth since 2020. But amid these trials, an elite group of luxury maisons are not just weathering the storm—they're thriving and achieving double-digit growth. How?

Dec 9, 2024 | forbes.com | Jill Standish

Retailers may have good reason for festive cheer this holiday season, as the average household spend for the season is $613, which is 4% higher than 2023, according to Accenture Annual Holiday Shopping Survey. While a festive boost to the bottom line will come as welcome news to retailers, there is one unfortunate side-effect that increased shopping for party outfits and gifts for loved ones brings to the mix, and that’s managing the surge in returns come January.

Nov 14, 2024 | forbes.com | Jill Standish

We’re fast approaching peak holiday shopping season, traditionally one of the busiest times of the year for retailers who will be paying close attention to the sales data. This season, they may have good reason to be cautiously optimistic, as consumers plan to increase their shopping budgets by 4%, spending $613, on average, compared to last year, according to Accenture’s Annual Holiday Shopping Survey.

Nov 1, 2024 | chainstoreage.com | Jill Standish

Peak holiday shopping season is here. And as people look for the perfect gift for friends and family, six-in-10 don't know where to start and seven-in-10 are worried they'll make the wrong choice and regret it. That's according to Accenture's Annual Holiday Shopping Survey, of 1,500 U.S. shoppers, which also found almost three-quarters (73%) of consumers would welcome inspiration. Inspiration comes from being able to browse for ideas and can quickly turn into a purchasing decision.

Oct 30, 2024 | forbes.com | Jill Standish

With one less shopping weekend, presidential election ripple effects, and consumer behaviors that can turn on a dime, retailers’ levels of agility and responsiveness will be put to the test as they head into peak holiday shopping season. This year, there are three consumer trends they should pay close attention to. 1. Spend expected to rise, however price and value still matters The first signals positive news for retailers as U.S. shoppers expect to spend more this year than last.