Passing along the 29th volume of our work on department stores and clothing retail in the US. Please let us know if you have any questions about the report. Open Report:Bespoke – Department Stores and Clothing Retail Vol 29Key Takeaways and Charts:
- Consumers pulled back a touch in their clothing and department store spending relative to prior volumes.
- Forward looking shopping intentions are positive, but softer relative to our August survey wave.
- Consumers continue to show positive sentiment toward off-price retail shopping.
- Retailers that continue to outperform when it comes to mindshare and shopping preferences when it comes to clothing broadly include
- Amazon
- Shein
- Target
- TJ Maxx
- Kohl’s
- Old Navy
- Retailers that consumers continue to call out as popularity losers include:
- JC Penney
- Dillard’s
- Ann Taylor
- Bloomingdale’s
- Saks
