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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:’ CVS, Non-food Coupons, Costco
CVS, Walgreens Reach Pharmacy Deal
Drugstore retailers CVS Caremark Corporation and Walgreens have reached an agreement on terms under which Walgreens will continue participating in the CVS Caremark pharmacy benefit management (PBM) national retail network for existing, new or renewal plans. The companies are not disclosing the financial terms of the new contract. Source: CVS Caremark...
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Young Consumers Want Cell Phone Features
Consumers in the 18-to-34 age group most desire extra cell phone features at a rapidly growing rate, according to a recent survey from the National Retail Federation (NRF) and BIGresearch.
Half of Young Consumers Want Mobile WebSlightly more than half (51.4%) of consumers age 18-34 wanted internet access on their cell phones in January 2010, up 15% from 44.6% in October 2009. This compares to...
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‘The Daily Wrap:’ Target, Wal-Mart, Safeway
Target Boosts Quarterly Net Earnings
Discount retailer Target reported a significant increase in net earnings during Q1 fiscal 2010. Target also increased sales and gross margin rate. Source: Target Corporation
Wal-Mart Insists on Domestic Chip and PIN
Discount retailer Wal-Mart wants to transition credit and debit card approval at its U.S. stores from signature mag-stripe to automated Chip...
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Fewer People to Spend More on Grad Gifts
Fewer people will buy graduation gifts this year than last, but average gift spending per person will rise, according to a new survey from the National Retail Federation (NRF) and BIGresearch.
Overall Spending to Remain FlatTotal spending on graduation gifts is expected to remain flat at about $3.9 billion, according to the NRF 2010 Graduation Consumer Intentions and Actions survey. The...
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Chinese Market Ages
Although China’s market potential is unmatched, the aging of its population presents retailing challenges, according to The Nielsen Company.
Population Growth Slows, Will ShrinkGreater China today accounts for nearly one in five persons living on the face of Earth, almost 1.4 billion people. Shanghai alone has more than 17 million people, more than live in the US cities of New York, Los...
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‘The Daily Wrap:’ Home Depot, Kroger, Radio Shack
Home Depot Adds Store Jobs
Home improvement retailer Home Depot is adding new store-level jobs for the first time since 2006 in anticipation of improved sales this year. Home Depot, which has cut store-level jobs for the last three years, made the decision to increase store hiring in late 2009. Source: Boston Globe
Kroger Endorses Rapid Recall Exchange
Supermarket retailer Kroger is the first...
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Multi-Generational Households Return
The multi-generational family household has been returning in the US since 1980 and at an accelerated pace during the current recession, according to the Pew Research Center.
Share of Population in Multi-Generational Household Reaches Pre-1960 Level
In 2008, an estimated 49 million Americans, or 16% of the population, lived in a family household that contained at...
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Credit Card Usage Remains Low
Although Census Bureau estimates indicate 181 million Americans will own credit cards this year, their usage rate remains low, according to recent research from compete.
Many Credit Card Owners Use Them 3x/Month or LessAlmost half of credit card owners only use them an average of three times a month or less. compete data indicates that 19% of credit card owners use them less than once a...
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