Subscribe to Retailer Daily
Archives » Text Ads
Drugstore Retailers Draw Crowds with Tech, Assortments, Discounts
Major drugstore chains are using mobile alerts, loyalty programs and expanded assortments to boost same-store sales. In addition, leading U.S. drugstore retailers CVS and Wal-Mart are comfortable enough with their sales at existing stores to undergo major acquisition efforts.
Walgreens Tests Chilled Foods, Text AlertsWalgreens will conduct a test of chilled foods at up to 50 stores this fall....
Continue Reading »
‘The Daily Wrap:’ CKE, Borders, Blockbuster
Equity Firm Completes CKE Buyout
Columbia Lake Acquisition Holdings, an affiliate of Apollo Management VII LP, has completed its estimated $694 million acquisition of CKE Restaurants, Inc., which runs the Carl’s Jr. and Hardee’s fast food chains. CKE operates and franchises 3,141 restaurants in 42 states. Source: Business Week
Borders Sells UK Subsidiary
Book retailer Borders Group has...
Continue Reading »
‘The Daily Wrap:’ Blockbuster, Walgreens, Kroger
Blockbuster Seeks to Restructure Debt
Media entertainment retailer Blockbuster, Inc. is seeking short-term financing as a contingency against possible bankruptcy proceedings. Blockbuster is reportedly attempting to obtain up to $150 million in debtor-in-possession financing from major stockholders. Source: Wall Street Journal
Walgreens Provides Text Alerts
Drugstore retailer Walgreens is...
Continue Reading »
Supercenters, E-commerce Will Gain CPG Dollar Share
The mass supercenter and e-commerce retail formats will gain substantial CPG dollar share in the next five years, according to the “Retail 2015 Forecast” from The Nielsen Company.
Mass supercenter, which had a slightly less than 10% dollar share of the CPG retail channel in 2009, will grow its share to about 12% by 2015. E-commerce will increase its CPG dollar share from about 4% in 2009 to...
Continue Reading »
Women Clip Most Coupons
Women are primarily responsible for clipping coupons, according to research by The Integer Group and M/A/R/C Research.
Women Primarily Obtain Coupons
Coupons fit into the lives of male and female shoppers differently. They search for coupons in different media, redeem them in different channels, and use them to accomplish different shopping objectives. Across both gender groups,...
Continue Reading »
‘The Daily Wrap: Starbucks, Williams-Sonoma, Best Buy
Starbucks Plans Major Marketing Push
Coffee retailer Starbucks Corp. plans to spend more on marketing in its current fiscal quarter than at any other time in its history. Starbucks CFO Troy Alstead told attendees at an investors’ conference that Starbucks will heavily promote the relaunch of its frappucino drink and availability of Via instant coffee, among other initiatives. Source: Dow...
Continue Reading »
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...
Continue Reading »
‘The Daily Wrap:’ Wal-Mart, Amazon, Casey’s General Stores
Wal-Mart Eyes India Sourcing
Discount retailer Wal-Mart will increase its India-based sourcing by as much as hundreds of millions of dollars during the next four to five years. Wal-Mart already sources more than $125 million USD of goods a year from India. Source: Press Trust of India
Amazon to Open Canadian DC
The Canadian government has approved online retailer Amazon.com’s request to...
Continue Reading »
Consumers More Likely to Act Upon Online Brand Messaging
Consumers are more likely to read and act upon online advertising than they were a year ago, according to an Opinion Research Corporation consumer preference survey sponsored by Adfusion, a division of ARAnet.
Online Ads Score Better in 2010
Every type of online advertising scored better with consumers in 2010 than a year ago, according to the survey. Consumers say...
Continue Reading »
‘The Daily Wrap:’ Starbucks, Wal-Mart, Subway
Starbucks Pilots Trenta
Coffee retailer Starbucks is piloting a new, larger beverage size called “trenta” in Phoenix, AZ and Tampa, FL stores. At 31 ounces, trenta is seven ounces larger than the venti, Starbucks’ current largest beverage size. Source: NowPublic
Wal-Mart to Sell 3-D TVs
Discount retailer Wal-Mart plans to sell 3-D TVs in some stores during the 2010 holiday shopping...
Continue Reading »