Traffic Down, Average Ticket Up in 2012 Holiday Shopping, Says RetailNext
January 7, 2013,
SAN JOSE, Calif.-Store traffic during the 2012 holiday shopping season fell from the 2011 season, but average transaction value rose, according to research conducted by RetailNext.
Based on the brick-and-mortar retail consulting firm's look at more than 780 U.S. stores, total 2012 holiday traffic was off 16.4 percent from 2011. At the same time, the average purchase ticket rose 3.7 percent, indicating that shoppers had planned out their strategies for store visits and purchases in advance of going to the stores.
Other Articles By Author
Patti Carpenter Talks Color and its Importance in the Home
HFN's DIGITAL EDITION
COVER STORY: Sharpening the Focus on Millennials
Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.
ALSO IN THIS ISSUE:
- Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
- Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.