TL;DR
A study by Mood Media found that 71% of global consumers feel comfortable returning to physical stores, but their shopping habits have changed due to the Covid-19 pandemic. The study surveyed over 8,000 consumers across the UK, US, China, and France, and found that US consumers are returning to non-essential shopping at a rate of 60%, but with changed behaviors such as spending less time in-store.
As Covid-19 lockdown measures continue to be scaled back around the world, almost three-quarters of global consumers (71%) now report feeling comfortable returning to physical stores, according to research by Mood Media entitled “Shopper Sentiments: A September 2020 Global Mood Survey.” But their shopping habits have changed and they see a “return to normal” as still being a ways off. The research was conducted in partnership with Censuswide.
More than 8,000 consumers across the UK, US, China, and France were surveyed about how they are adjusting their in-store shopping behaviors and developing new shopping patterns in today’s world. Key US findings include: Reassurance from Safety Measures in-store: More than three-quarters of US consumers (76%) report feeling at least somewhat comfortable with the new health and safety measures placed in stores, and 37% report that these health and safety measures make them feel safer. Non-Essential Shopping: Sixty percent of US shoppers say they have already returned to non-essential retail stores, but only at a rate of 51% for those 55+ in age.
US shoppers aged 16-24 are returning to non-essential shopping more conservatively than other countries surveyed, at a rate of 54% compared to a combined rate of 74% elsewhere. Changing Shopping Habits Among US Consumers: Of those comfortable returning to physical stores, 28% of US respondents reported spending less money and less time shopping than before the pandemic, while 20% in the US are spending more money and less time in-store than pre-pandemic. This highlights an overarching trend of consumers trying to spend less time in-store - regardless of their spend.
Optimism Regarding a “Return to Normal”: Only 22% of US shoppers expect their shopping habits to “return to normal” by the end of 2020 (29% of males and 16% of females) while 24% don’t expect to fully resume their in-store shopping habits until the summer of 2021. Additionally, 16% predict it taking until the end of 2021 before shopping norms can resume. The most optimistic group in the US are males in the Southeast, where 34% believe normalcy will return by the end of 2020.
The least optimistic US group are females in the West, where 24% don't believe their consumer shopping habits will ever return to pre-pandemic norms.
In this story
This story was originally published by Multi-Unit Franchisee in Franchising.com on September 8, 2020. Burnaze summarizes and links to the original reporting.
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