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Consumers Cut Household Expenses
Consumers in the US and across the globe are reducing household expenses in a variety of ways, according to new data from The Nielsen Company.
On-sale Items Appeal to Cost-conscious Consumers
Among the top means consumers are using to reduce household expenses are:
Buying items on sale (a 57% global average). Using coupons (40%). Shopping at value retailers (37%), such as...Continue Reading »
‘The Daily Wrap:’ Ikea, Best Buy, Johnny Rockets
Ikea Expands in China
Home furnishing retailer Ikea, which is speeding up its expansion in China, plans to open four new stores across the country during the next two years. Ikea will open its second store in Shanghai next year and open locations in Tianjin and Wuxi, as well as its second store in Beijing, in 2012. Source: China Daily
Best Buy Names Chief Design Officer
Consumer electronics...
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‘The Daily Wrap:’ Dunkin’ Donuts, Sears, Toys R Us
Dunkin’ Donuts Opens 338 New Stores
Dunkin’ Donuts quickened the pace of new store openings this year, with 338 net new locations unveiled worldwide during the first six months, compared with just 175 new shops during the same period last year. Source: Boston Globe
Sears Unveils Craftsman Experience
Broadline retailer Sears Holdings Corporation is opening its first interactive “Craftsman...
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6 in 10 North American Consumers Buy More Private Label
Sixty percent of North American consumers purchased more private label goods in Q1 2010 due to the economic downturn, according to new data from The Nielsen Company.
North America Ties Global Average
The percentage of North American consumers increasing their private label purchases matched the global average for Q1 2010, and also matched the percentage in Asia-Pacific....
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‘The Daily Wrap:’ Burger King, Toys R Us, Papa Murphy’s
Burger King Opens 249 Net Global Stores
Fast food hamburger retailer Burger King opened 249 net new global stores during its recently-concluded fiscal 2010, including 59 net new stores in the US. Global revenues dropped 1% during the fiscal year. Source: Burger King Holdings, Inc.
Toys R Us Selects Retail Sense
Toy retailer Toys R Us has selected the Retail Sense marketing communication...
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Supermarket Vertical Produces Varying Results
The strikingly different same-store sales performance of national supermarket chains Kroger and Supervalu reflect the upheaval the supermarket vertical is undergoing. Pressure from discount chains (especially Wal-Mart), warehouse clubs and dollar stores is producing varied results among different operators.
Kroger Dominates, Expands MarketsKroger has reported at least moderate growth in every...
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Women Dominate Online Coupon Sites
Data on visitors to online coupon sites shows that women clearly dominate their usage, according to comScore.
Overall Online Coupon Usage Higher among Women
A variety of statistics from “Women on the Web: How Women are Shaping the Internet” shows that women search for and use online coupons more frequently than men. Forty-two percent of women, compared to 34% of men, listed...
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‘The Daly Wrap:’ Starbucks, Wal-Mart, Supervalu
Starbucks Reports 10% Revenue Growth
Coffee retailer Starbucks Corporation reported results from its recently ended Q3 fiscal 2010 including 10% net revenue growth, driven by a 9% increase in global comparable store sales. Starbucks projects it will open 250 net new stores globally by the end of fiscal 2010 and 500 net new stores globally during fiscal 2011. Source: Starbucks Corporation
Email Drives Consumer Purchases
Half of U.S. consumers have made an in-store or telephone purchase after receiving a promotional email, according to a new study from digital marketing firm e-Dialog.
6 in 10 Global Consumers Make Offline Purchase Due to Email
Results of “Global Perspectives” indicate that 58% of consumers worldwide have made an in-store or phone-based purchase as a result of a promotional email. In the...
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‘The Daily Wrap:’ 7-Eleven, Best Buy, Kroger
7-11 Buys 14 VA Stores
Convenience retailer 7-Eleven will purchase 14 stores in Virginia. The stores, owned by Quarles Petroleum, will be rebranded as 7-Eleven. Source: Chain Store Age
Best Buy Reduces Consumer Energy Consumption
Consumer electronics retailer Best Buy said it has reduced consumer energy consumption by 796 KwH through partnerships with the EPA and DOE. Best Buy’s new...
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