Content about Deloitte Touche Tohmatsu

July 31, 2012

Days of cutting back-to-school spending are over, as nearly 9-in-10 consumers plan to spend the same or more, according to Deloitte's annual back-to-school survey.

NEW YORK — Days of cutting back-to-school spending are over, as nearly 9-in-10 consumers plan to spend the same or more, according to Deloitte's annual back-to-school survey.

April 12, 2012

After projecting that consumers likely would spend the same or more at retail this spring, Deloitte reported Thursday that its Consumer Spending Index climbed in March, marking only the third monthly increase over the past 12 months.

NEW YORK — After projecting that consumers likely would spend the same or more at retail this spring, Deloitte reported Thursday that its Consumer Spending Index climbed in March, marking only the third monthly increase over the past 12 months.

The Index, which comprises four components — tax burden, initial unemployment claims, real wages and real home prices — rose to 1.80 from an upwardly revised reading of 1.52 the previous month. Despite this increase, however, Deloitte noted that several factors may be restricting consumer cash flow:

February 10, 2012

Not long after Deloitte released gloomy predictions for consumer spending in 2012, another firm is out with a more sunny forecast.

NEW CANAAN, Conn. — Not long after Deloitte released gloomy predictions for consumer spending in 2012, another firm is out with a more sunny forecast. Retail sales will increase by 5.7% in 2012, according to a new report by Customer Growth Partners, a consulting and research firm serving retailers, vendors and institutional investors.

The report, “The Great Consumer Reset/The Great Retail Reset,” finds that falling household and credit-debt levels, along with higher savings rates, are fueling consumer spending. 

February 9, 2012

NEW YORK — The Deloitte Consumer Spending Index, released Thursday, continued downward in January and consumer spending will face additional economic headwinds in 2012, according to Deloitte. The Index tracks consumer cash flow as an indicator of future consumer spending.

January 26, 2012

The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in 3-out-of-4 components.

NEW YORK — The Deloitte Consumer Spending Index slightly dropped in December despite small improvements in 3-out-of-4 components.

The index — which is comprised of tax burden, initial unemployment claims, real wages and real home prices — fell to 1.86 from a reading of 1.93 the previous month. Because of this drop, the ability for consumers to continue to spend at the rates seen in 2011 may be in question, Deloitte said.

January 23, 2012

Retailers will have to rethink their position in the market, along with strategies they have used thus far, to keep themselves in the game, according to a new Deloitte report, "The Next Evolution: Store 3.0."

NEW YORK — Retailers will have to rethink their position in the market, along with strategies they have used thus far, to keep themselves in the game, according to a new Deloitte report, "The Next Evolution: Store 3.0."

November 3, 2011

While consumers remain concerned about the economy, it is not enough to damper their holiday shopping spirit.

NEW YORK — While consumers remain concerned about the economy, it is not enough to damper their holiday shopping spirit. According to a recent Deloitte survey, while two-thirds (67%) of consumers expect the economy to stay the same or weaken next year, nearly 3-out-of-5 people (59%) will put aside economic worries and spend the same or more this holiday season. This is a slight decline from 2010 but an eight percentage point increase from 2009. 

October 26, 2011

Despite concerns about the economy and rising household expenses, nearly 3-out-of-5 consumers (59%) will put aside economic worries and spend the same or more this holiday season, according to Deloitte’s 26th annual survey of holiday spending intentions and trends.

NEW YORK — Despite concerns about the economy and rising household expenses, nearly 3-out-of-5 consumers (59%) will put aside economic worries and spend the same or more this holiday season, according to Deloitte’s 26th annual survey of holiday spending intentions and trends. While this is a slight decline from 2010, it represents an eight percentage point increase from 2009.

October 17, 2011

Deloitte Monday released some disappointing news for retailers who were hoping that consumer spending might get a boost in the months leading up to the holiday season.

NEW YORK — Deloitte Monday released some disappointing news for retailers who were hoping that consumer spending might get a boost in the months leading up to the holiday season. The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages.

The Index, which comprises four components — tax burden, initial unemployment claims, real wages, and real home prices — fell to 2.39 from 2.51 the previous month. 

September 26, 2011

Retailers should expect small gains in 2011 holiday sales, Deloitte forecast on Monday.

NEW YORK — Retailers should expect small gains in 2011 holiday sales, Deloitte forecast on Monday. The company’s retail and distribution practice expects total holiday sales to reach between $873 and $877 billion, representing a 2.5 to 3% increase over last season.

June 14, 2011

A report released Tuesday by Deloitte said that consumer spending continued its decline in May, weighed down by a sharp rise in unemployment claims.

NEW YORK— Deloitte reported a decline in its monthly consumer spending index, as consumers were weighed down by a sharp rise in unemployment claims.

The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 2.66%, from a gain of 3.29% in April. The Index is comprised of tax burden, initial unemployment claims, real wages and real home prices.

May 16, 2011

The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 3.16% from an upwardly revised gain of 3.78% a month ago.

NEW YORK — The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 3.16% from an upwardly revised gain of 3.78% a month ago.

The index showed the largest single month decline since November 2007.

Deloitte said that the index, which is comprised of four components — including tax burden, initial unemployment claims, real wages and real home prices — saw a drop due to "a sharp deterioration in real wages coupled with a rise in jobless claims."

April 19, 2011

A survey released Tuesday by Deloitte found that falling home prices and rising energy costs have negatively impacted consumer purchasing power.

New York City -- A survey released Tuesday by Deloitte found that falling home prices and rising energy costs have negatively impacted consumer purchasing power.

The Deloitte Consumer Spending Index tumbled in March due to a drop in real home prices and a decline in real wages driven by rising energy prices. The Index tracks consumer cash flow as an indicator of future consumer spending.

April 18, 2011

Consumers that seek timely and detailed information about product recalls look to multiple resources, according to a new Deloitte survey.

NEW YORK — Consumers that seek timely and detailed information about product recalls look to multiple resources, according to a new Deloitte survey.

April 11, 2011

Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed.

NEW YORK -- Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed. Despite showing no signs of spending less in recent months, the Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their spending in the months ahead.  Deloitte's study also revealed that mobile and social connections are helping shoppers make savvier buying decisions in the wake of the recession.

March 15, 2011

The Deloitte Consumer Spending Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

NEW YORK -- The Deloitte Consumer Spending Index offered some hope that the economy is improving, however consumer spending not likely to reach pre-recession levels anytime soon. The Index, released Monday, rose in February, driven primarily by the slight improvements in real home prices and initial jobless claims, according to the company.

The Index attempts to track consumer cash flow as an indicator of future consumer spending.

February 7, 2011

Target director of owned brands Annie Zipfel is among those slated to participate in the fourth annual Network of Executive Women Multicultural Work force conference to be held March 1 to 3. With a theme of “Building Competencies, Growing Business,” the event will focus on the advantages of developing culturally competent organizations. Zipfel is listed on the event’s agenda as a participant on a panel discussing a report to be released by Deloitte on the topic of “The changing Consumer and the Work force Imperative.” Alison Kenney Paul, vice chair and leader of Deloitte’s U.S. retail practice, will present the report. Others on the panel with Zipfel include Nicola Johnson, a principal with Deloitte’s retail practice and Dian Emerson, VP diversity and inclusion at Safeway.

Target director of owned brands Annie Zipfel is among those slated to participate in the fourth annual Network of Executive Women Multicultural Work force conference to be held March 1 to 3. With a theme of “Building Competencies, Growing Business,” the event will focus on the advantages of developing culturally competent organizations.

January 11, 2011

A retail industry expert presented research Monday at the National Retail Federation convention in New York City that showed shoppers will continue to spend more this year, spurred by a slowly improving job market and an uptick in income.

New York City -- A retail industry expert presented research Monday at the National Retail Federation convention in New York City that showed shoppers will continue to spend more this year, spurred by a slowly improving job market and an uptick in income.

However, Ira Kalish, director of global economics for Deloitte, added that enough shoppers are still struggling with their finances that any increase will be modest.

November 16, 2010

Soft housing prices drove down the Deloitte consumer spending index for the month of October,...

November 9, 2010

Deloitte's 25th annual holiday survey of consumer spending intentions and trends found that 66% of...

October 28, 2010

NEW YORK - Deloitte reported that six out of 10 (62%) of its holiday survey respondents plan to spend more or the same on the holidays, a 11 percentage point rise from Deloitte's 2009 holiday survey and the highest level since 2006.

NEW YORK - Deloitte reported that six out of 10 (62%) of its holiday survey respondents plan to spend more or the same on the holidays, a 11 percentage point rise from Deloitte's 2009 holiday survey and the highest level since 2006.

Thirty-nine percent of those surveyed expect the economy to improve next year, down from more than half (54%) who anticipated an improvement at this time last year. 

October 27, 2010

Deloitte reported that six out of 10 (62%) of its holiday survey respondents plan to...

NEW YORK Deloitte reported that six out of 10 (62%) of its holiday survey respondents plan to spend more or the same on the holidays, a 11 percentage point rise from Deloitte's 2009 holiday survey and the highest level since 2006.

 

Thirty-nine percent of those surveyed expect the economy to improve next year, down from more than half (54%) who anticipated an improvement at this time last year.

October 1, 2010

NEW YORK (Oct. 1)- Deloitte released a report last week that reaffirmed the latest shopping trend among consumers: private-label purchases.

NEW YORK (Oct. 1)- Deloitte released a report last week that reaffirmed the latest shopping trend among consumers: private-label purchases.

September 23, 2010

According to Deloitte's "The Battle for Brands in a World of Private Labels" study, when asked how market share of store brands will change in the United States by 2012, 77% of CPG executives and 90% of retail executives surveyed indicated it will increase or increase significantly.

NEW YORK - According to Deloitte's "The Battle for Brands in a World of Private Labels" study, when asked how market share of store brands will change in the United States by 2012, 77% of CPG executives and 90% of retail executives surveyed indicated it will increase or increase significantly.

September 22, 2010

According to Deloitte's "The Battle for Brands in a World of Private Labels" study, when...