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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:’ Nordstrom, Blockbuster, Gap
Nordstrom Net Earnings Rise 38%
Luxury retailer Nordstrom, Inc. reported a 38.6% increase in its Q2 fiscal 2010 net earnings. Other quarterly results included a 12.7% net sales increase and 8.4% boost in same-store sales. Source: Nordstrom, Inc.
Blockbuster Revenues Decline 20%
Media entertainment retailer Blockbuster Inc. reported a 19.6% decline in total revenues during Q2 fiscal 2010. Net...
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‘The Daily Wrap:’ Toys R Us, Amazon.com, Sears
Toys R Us Celebrates Christmas in July
Toy retailer Toys R Us is running a “Christmas in July” promotion from Sunday, July 18 through Saturday, July 24, 2010. Dozens of items at prices usually reserved for the holiday shopping season will be available at Toys R Us stores nationwide and online at Toysrus.com. Source: Toys R Us
Amazon Offers College Students Deal
Online retailer Amazon.com...
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Innovation Present in 6 Key Retail Marketing Areas
Numerous examples of innovation are present in six key consumer-facing areas of retail marketing, according to consumer insights firm trendwatching.com.
Following is a review of one key marketing innovation trend in each area. The six areas are derived from a broader list of 15 key consumer-facing areas of marketing, retail and otherwise, recently compiled by trendwatching.com.
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‘The Daily Wrap:’ Sears, Tesco, Target
Sears Enters Exclusive RCA Partnership
Sears and Kmart are enhancing their consumer electronics product offerings through an exclusive partnership with consumer electronics provider RCA. Through this relationship, Sears and Kmart will offer their customers an exclusive RCA product lineup featuring high-definition televisions 19-inches and larger.
Source: Sears Holdings Corporation
Tesco Buys 2...
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‘The Daily Wrap:’ Quiznos, Best Buy, TJX
Quiznos Plans 600 New Stores
Fast food sandwich chain Quiznos plans to open up to 600 new stores across the US by the end of 2010. The stores, which will include franchised and corporate locations, are expected to create more than 7,500 new jobs. Source: RestaurantNews.com
Best Buy Provides Same-day Access to New Films
Best Buy is introducing a new digital video service, CinemaNow, which will...
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Women in Mature Economies Control Household Spending
Women in mature economies perform most household chores and control most household spending, according to [pdf] a new book from Boston Consulting Group.
Women in Mature Economies Consume Household Goods
Women in mature economies have problems with population replacement, poverty and domestic violence, according to “Women Want More.” However, women in these...
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Remote Mobile Payment Market Poised for Growth
Remote mobile payment for both physical and digital goods should substantially grow in popularity during the next several years, according to [pdf] a new whitepaper from Juniper Research.
“Checkout the Mobile Payment Opportunity” defines mobile payment as “payment for goods or services with a mobile device such as a phone, Personal Digital Assistant (PDA), or other such device.” Focusing on...
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Lowe’s Opens Mexican Stores
Home improvement retailer Lowe’s Companies, Inc. is scheduled to open its first two Mexican stores in Monterrey, Mexico today. Lowe’s initially planned to expand store operations into Mexico during 2009.
Lowe´s Mexico has invested approximately $18 million to $20 million USD in each store. Approximately 430 employees have been hired to operate the two stores and the company’s offices in...
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