KHD Buzz – Teen Spending Hits New Low, Amazon Sellers Targeted by Bad Actors and More

KHD Buzz – Teen Spending Hits New Low, Amazon Sellers Targeted by Bad Actors and More

October 12, 2020 Off By Koehler Home Decor

Teen Retail Spending Hits Two Decade Low

Not so long ago the teenagers of Generation Z were big spenders, and the target of many retailers’ ad campaigns. However, with many of them citing worries about the economy, according to the 40th biannual “Taking Stock with Teens” report in 2020 teen spending is now at a two decade low. Read More.

Experts Say Lack of Second Stimulus Payment Will Stall Economic Growth

President Trump seems to have nixed any plans to issue a second round of stimulus checks to Americans, and the move, financial experts say, is likely to stall the tentative economic growth of the last few months and could prove disastrous for retailers hoping for a strong holiday shopping season. Read More

Amazon Third Party Sellers Say Their Listings are Being Sabotaged

Just ahead of Prime Day a number of Amazon third party sellers revealed to NBC News that their rivals have been finding ways to sabotage their listings, and that while Amazon is aware of the problem they are not doing much about it. Read More

Report: Mall Traffic Will be Down By at Least 25% This Holiday Season

According to a new report from Shoppertrak it is unlikely that consumers will venture out to the mall this holiday shopping season in the number retailers are hoping for, and that mall foot traffic is likely to drop by at least 25% compared to the last five years. Read More