Immigration Of Hispanics And Hispanics Video
Hispanic Americans reflect on immigration, culture, and identity Immigration Of Hispanics And HispanicsBy Richa Naidu. Hispanics are venturing out only to buy essential goods and are cutting back on discretionary spending, worried about possible harassment by immigration or law enforcement officials since the election of U. President Donald Trump, according to community groups, research firms and retailers. O Chief Executive Gregory Henslee told analysts earlier this month that many of the company's stores with weak second-quarter sales were in Hispanic-dominant areas of the United States.
Trump administration
It's something that most retailers have seen," Henslee said. Juan, a U. Not all consumer categories, however, are experiencing a significant decline in Hispanic spending. The purchase of essentials such as food and basic household goods is still on the rise, but at a much slower rate than in recent years, according to research firm Nielsen. None of the reports specified any changes to first-half online spending by Hispanics, which make up about 18 percent of the U. The lower Immigratiom by Hispanics has been hurting certain retailers since the start of the year, according to reports by brokerage firm Jefferies and analytics firm NPD Group.
DEMOGRAPHIC FACTORS
Cornell, citing a more detailed version of Immigration Of Hispanics And Hispanics NPD report than one that has been publicly released, said late last month that shopping visits among Latinos were down about 11 percent in Hispanicz and December. Nsaid several small clients across different cities had posted declining sales since Trump took office, and that this had to be affecting big-box retailers, too.
On average, Hispanics are younger than non-Hispanics, have more children, and spend more on each child, according to Jeff Humphreys, director of economic forecasting at the Terry College of Business. Humphreys also said Hispanics tend to spend more click here apparel, making their buying choices crucial to many retailers.
As the slowdown has mainly hit discretionary spending, retailers that deal in apparel and footwear — two sectors already feeling pressure - are hurting the most. N and Vans VFC. Nwould take a big hit.
Nielsen said sales of consumer essentials to Hispanics rose only 0. Some restaurants and food companies have remarked on signs that the worst is over for them. Otold analysts on an earnings call earlier this month.
Retail Updated. By Richa Naidu 6 Min Read. November 25, ]
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