Archive | Consumer Spending

RSS feed for this section
andriyko-podilnyk-F4AMM1293ag-unsplash

Rising Lipstick Sales Confirms ‘Lipstick Effect’ Is Beauty’s Leading Economic Indicator

In beauty circles, the Lipstick Effect, also called the Lipstick Index, is claimed to be the category’s leading economic indicator. The concept is that in times of a recession and other economic stresses, women will indulge in discretionary purchases that provide an emotional uplift without breaking the budget. Lipstick fits the bill. While the lipstick […]

Comments Off on Rising Lipstick Sales Confirms ‘Lipstick Effect’ Is Beauty’s Leading Economic Indicator Continue Reading →
yassine-khalfalli-VpUPro24pEM-unsplash

Retail Reset Coming as Inflation Takes Its Toll on Shoppers

It’s been almost two years to the day since Covid threw retailers and shoppers for a loop. Forced to adapt, both retailers and the shoppers responded remarkably well and as the threat of the pandemic diminished, retail’s 2021 recovery was remarkable as well. Retail sales advanced 14% and it seemed things were returning to normal […]

Comments Off on Retail Reset Coming as Inflation Takes Its Toll on Shoppers Continue Reading →