May 2024 Retail Metrics:
In this week’s Retail Traffic Trends, we are breaking down the month of May to see how each industry performed to start the year.
Join us as we analyze the trends, shifts, and performances that set the tone for the year ahead.
Today's Rundown
- Trends and behaviors : Consumer spending behavior and drivers in February 2024.
- May recap: Everything you need to know about how last month played out.
- Memorial Weekend Analysis : Read our in-depth analysis of how the furniture and mattress industries performed over the holiday weekend.
- Q1 Home Furnishing Benchmark: Click HERE to download our latest report.
Introducing Trakwell Performance Dashboard
Tired of waiting until the end of each month to see how your store compares to the industry average?
We are thrilled to announce the launch of our Free Retail Performance Dashboard, designed to revolutionize the way you monitor and optimize your market performance.
For the first time, you can now see in real-time how your store is performing against industry averages on key metrics such as average ticket size, foot traffic, conversion rate, and much more.
May 2024: Furniture industry
May 2024: Mattress industry
Retail Snippets
Store enhancements : Sam’s Club claims retail industry first as it deploys AI powered exit technology at 120 plus locations.
RFID: How RFID Technology is changing the retail industry in 2024.
A new shopping experience: What will retail look like in five years? Top industry executives share their predictions.
Random Irrelevance
Broken Google: Google says it’s purging all the AI trash littering its search results.
Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years.
Photo of the year: Wildlife Photographer of the Year awarded to man who captured a polar bear falling asleep.
