Shopping Centers Today

AUG 2017

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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58 S C T / A U G U S T 2 0 1 7 R E TA I L T R E N D S AT A G L A N C E T H E L A S T S T O P Loyalty lessons Retailers and landlords who want to attract repeat shoppers need to understand what has the greatest impact on loyalty today. Price, quality and selection are leading reasons consumers are loyal to particular retail companies, according to an ICSC survey of 1,015 U.S. adults. But a host of other factors are at play.* 15% 92% 71% 71% 59% P R I C E / VA L U E 61% P R O M O T I O N S / S A L E S / C O U P O N S VA R I E T Y / S E L E C T I O N C O R P O R AT E R E S P O N S I B I L I T Y / T R U S T- W O RT H I N E S S L O C AT I O N O F S T O R E S 79% P R O D U C T Q U A L I T Y C U S T O M E R S E R V I C E 29% E X P E R I E N C E I N T H E I R P H Y S I C A L S T O R E S 36% D E S I G N / S T Y L E / T R E N D I N E S S *Figures shown are percentages of shoppers who say they are retail-loyal. These represent only a selected group of reasons cited for such loyalty. Source: ICSC Research

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