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‘The Daily Wrap:’ B&N, Gap, Starbucks
B&N Plans In-store Nook Promo
In September 2010, Barnes & Noble will begin an aggressive promotion of its Nook e-readers by building 1,000-square-foot boutiques in all of its stores, with sample Nooks, demonstration tables, video screens and employees who will give customers advice and operating instructions. Barnes & Noble sees the opportunity to promote the device in stores as a competitive...
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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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Women Drive Online Retailing
Women spend more time visiting online retail sites than men and make a greater contribution to e-commerce in terms of buyers, transactions and dollars, according to comScore.
Women Visit at Similar Rate, Spend More TimeWomen and men visit online retail sites at a similar rate to men. In the 15-to-24 age bracket, both 60% of men and women visit online retail sites. Both women and men start...
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‘The Daily Wrap:’ McDonald’s, Applebee’s, GGP
McDonald’s Global Sales Drive Q2 Earnings
Fast food retailer McDonald’s Corporation reported a 15% increase in Q2 fiscal 2010 earnings, driven by 4.8% global comparable sales growth. McDonald’s also increased consolidated operating income 10%. Source: McDonald’s Corporation
Applebee’s Franchises 63 Restaurants
DineEquity, parent company of casual dining chain Applebee’s, will sell 63 corporate...
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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:’ Target, Walgreens, Kroger
Target Plans More P-Fresh Stores
Discount retailer Target plans to remodel 340 stores to fit its new “P-Fresh” grocery format this year. Target reformatted about 100 stores to P-Fresh in 2009. Source: Supermarket News
Walgreens Proceeds with Tobacco Suit
Drugstore retailer Walgreens has received permission from a California state appeals court to proceed with a lawsuit challenging a San...
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Most Couples Share Monthly Expenses
Two-thirds of U.S. couples share all monthly expenses, according to the June 2010 American Express Spending & Saving Tracker.
Younger Consumers More IndependentMost couples pay their monthly bills jointly and maintain joint ownership of various household accounts. Two-thirds (66%) of those surveyed share all monthly expenses, while the remaining 34% divide their bills each month, with methods...
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‘The Daily Wrap:’ Wal-Mart, Walgreens, Polo
Wal-Mart Widens Price Gap
Discount retailer Wal-Mart intends to widen the price gap with its competitors. Wal-Mart also seeks to become a truly global company and continue playing what it calls a leadership role in social issues. Source: Wal-Mart Stores, Inc.
Walgreens Drops Out of CVS Caremark Plans
Walgreens intends to no longer renew existing contracts or enter into new prescription drug...
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Father’s Day Spending Set to Rise
Consumer spending for the upcoming Father’s Day holiday (Sunday, June 20, 2010) should total $9.8 billion, according to a new survey from the National Retail Federation (NRF) and BIGresearch.
Total Spending Up 4%
The NRF forecasts total consumer spending on gifts and activities related to Father’s Day will be $9.8 billion this year, a 4.2% increase from $9.4 billion in 2009. Average...
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13% of Online Consumers Buy Virtual Goods
A small but growing percentage of US consumers with internet access are buying virtual goods, according to a new study from PlaySpan and Magid Associates.
Virtual Goods Grow 8% in Popularity Since ‘09
As mentioned above, 13% of online consumers have bought virtual goods online in the past 12 months, representing a roughly 8% increase from 12% who had done so in 2009. Furthermore,...
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