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Minority Growth Represents Retail Opportunity

The increasing percentage of the U.S. demographic profile represented by ethnic minorities presents an opportunity to retailers, according to The Nielsen Company. In particular, retailers who sell CPG products and/or engage in mobile retailing can benefit from shifting U.S. demographics.

Minority Growth Offers CPG Potential

By 2050, more than half of the U.S. population will be non-white...
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Target Offers Scannable Mobile Coupons

Discount retailer Target is entering the increasingly crowded retail mobile coupon arena. Target is launching a new national mobile coupon program that allows customers to receive mobile coupons directly on their mobile phones and redeem them by scanning a barcode at checkout.

Target says it is the first national retailer to offer scannable mobile coupons directly to customers’ mobile phones...
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Shopping Core Social Activity for Teen Girls

Shopping is a core social activity for teen girls, who also carefully evaluate price and brand before making a purchase. These are some of the key findings from The Teenage Girl as Consumer and Communicator, [pdf] a new white paper from Euro RSCG Worldwide PR.

Teen Girls Spend Carefully, in Groups

According to the paper, based on a survey in November 2009 by MicroDialogue, total teen spending...
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Mobile Retail Expected to Top $12B in ‘14

The global mobile retail market is expected to top $12 billion by 2014, according to [pdf] a new study by Juniper Research.

“Mobile Marketing & Retail Strategies: Advertising, Coupons & Smart Posters 2009-2014” indicates that the mobile retail market, which was worth $4.1 billion in 2009, will experience average annual growth of about 24% during the next four years to reach slightly more than...
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‘The Daily Wrap:’ Netflix, Duane Reade, B&N

Netflix Considers iPhone Streaming
Online consumer entertainment retailer Netflix has sent a survey to its subscribers asking them if they would want movies and TV shows streamed to iPhones. The app would reportedly be ad-free, but only available via WiFi connection. Source: ZDNet

Duane Reade Opens Store with Expanded Food
Drugstore retailer Duane Reade has opened a store offering expanded...
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Retailers Can Lure Moms with Social Media, Free Stuff

Retailers trying to influence moms should pay close attention to their social media efforts and also focus on free items, promotions and discounts, according to a Retail Advertising and Marketing Association (RAMA) survey conducted by BIGresearch.

The study found that women with children at home are more likely to use Facebook (60.3%), MySpace (42.4%) and Twitter (16.5%) than average adults...
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Retailing across the Generations

Each generation of the US population has unique wants and needs that retailers should address differently, according to The Nielsen Company.

Todd Hale, SVP, consumer and shopping insights, Nielsen, has compiled a list of tips on devising retailing strategies specific to each major generation of the US population. Hale defines the US population as currently consisting of four significant...
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‘The Daily Wrap:’ Publix, Walgreens, Marks & Spencer

Publix Increases Sales, Net Earnings
Supermarket retailer Publix reported increases in sales and net earnings for both Q4 and fiscal year 2009. Comparable store sales declined 2.5% during the fourth quarter. Source: Publix

Walgreens Restructures Health Care Divisions
Drugstore retailer Walgreens is strategically restructuring its health care divisions to enable the company to offer integrated...
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Top Jan. ‘10 Coupons: Kohl’s, Gap

An online coupon for free shipping at Kohl’s and a printable coupon for 20% off a total purchase at Gap were the most popular coupons for the second straight month in January 2010, according to [pdf] coupon aggregator RetailMeNot, which recently released its coupon data report for the month.

RetailMeNot’s report on top monthly coupons separately reports its online and printable-coupon...
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‘The Daily Wrap:’ Starbucks, Wal-Mart Canada, Tim Hortons

Starbucks to Expand in UK Service Stations
Coffee retailer Starbucks will open stores in UK service stations in a partnership with UK service station operator Welcome Break. Starbucks plans to open 29 service station outlets in the next 16 months, with the first two scheduled to open by the beginning of April 2010. Source: Marketing Magazine

Wal-Mart Canada Plans 35-40 New Supercenters
Walmart...
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