Investment News | Business | Finance | Britain
  • Home
  • About
  • Azerbaijani
Browsing: / Home / Retail Therapy Actually Does Matter
Print Email Shortlink

Retail Therapy Actually Does Matter

By Jessie Wilkens on June 21, 2011 in Investing, retail, UK businesses, UK retail

If you’ve ever heard that retail therapy can make you happy, there is actually some truth to the statement. At least according to recent research. After asking hundreds of shoppers to keep diaries of their shopping behavior, and after interviewing hundreds of happy shoppers, researchers have concluded that shopping has a happiness component to it.

Research on Retail Therapy

The researchers asked shoppers to keep diaries of their buying habits, their moods before and after shopping and about purchases that they regretted making. They found that impulse buying occurred more often by shoppers who were in a bad mood when they started their shopping trip.

As the study by Selin Atalay and Margaret Meloy published in the Journal of Psychology and Marketing in the U.S., concluded: “Retail therapy purchases were overwhelmingly beneficial, leading to mood boosts and no regrets or guilt.”

Using the Research to Your Advantage

The authors explained that retailers should definitely use this information to their advantage. As they say, “What is suggested is that perhaps practitioners have it ‘right’ when they appeal to consumers with slogans that encourage them to buy themselves splurges. There seem to be positive consequences to buying oneself a small treat: one does feel better.”

They did give one caveat to their research – they pointed out that the findings need to be interpreted carefully since the survey was with a self-selecting group. Participants were generally those who were already in a good mood, which could have swayed the results.

Share this on: Mixx Delicious Digg Facebook Twitter
Margaret Meloyretail therapySelin AtalayUK investmentsUk retail
  • Related Stories
  • Most Popular
  • Trouble in the Restaurant World?
  • ASOS and Kenyan Fashion Bloggers Teaming Up
  • Monthly Index Shows British Optimism
  • Thomas Cook Facing Closures
  • Many Reasons to Write Your Will
  • A New Look for Abercrombie & Fitch?
  • Trouble in the Restaurant World?
  • Aegon Study Shows Distrust of Pension Plans
  • Hops Hopping as English Beer Industry Booms
  • Three Years After Nationalization Northern Rock Heading Back to Private Ownership
  • FSA Opening Regulatory Discussion on EFTs
  • Coutts to Change Image to Offering Investment Services
← Previous Next →
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • Copyright © 2025 Investment News | Business | Finance | Britain.

    Powered by WordPress and News.