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‘The Daily Wrap:’ 7-Eleven, Twitter, Amazon
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RetailWire Discussion: What Constitutes Compliance?
Commentary by James Tenser,
Principal,
VSN Strategies
In my role as director of the In-Store Implementation Network, the challenge of merchandising compliance is frequently addressed, from a variety of perspectives, both theoretical and solution-oriented.
Several recent conversations have centered on the question of measuring the accuracy of a shelf set; that is, its degree of...Continue Reading »
‘The Daily Wrap:’ Talbots, Amazon, Gap
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‘The Daily Wrap:’ Gap, CVS, Denny’s
Gap Looks Abroad
Department store retailer Gap Inc. is looking to international markets and its online business for growth, as it faces sluggish consumer demand in a saturated home market. At its recent annual meeting, the company said it aimed to double the percentage of sales from its international and online businesses, from 12% of sales last year, to about 25% by 2013. Source:...Continue Reading »
Social Media Mentions Benefit Restaurant, Tourism Retailers
Analysis of relative keyword activity in the hospitality/leisure segment of retail reveals social media is especially important to restaurant, tourism and spa retailers, according to a new study from HubSpot.Social Media Accounts for 50% of Restaurant, Tourism, Spa Keyword Activity
Results from the “Online Marketing Opportunity Report” indicate that when relative keyword activity is...Continue Reading »
4 in 10 Retailers Have Mobilized
Only about 40% of retailers have implemented some form of mobile retail program, according to a new study from Aberdeen Group.Most Mobile Retail Programs Less than 2 Years Old
Findings from "Mobile Retail is a Reality" indicate that a combined 38% of retail respondents currently operate a mobile retail program. Twenty-six percent have been implemented less than two years, 7% for two to...Continue Reading »
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‘The Daily Wrap:’ Macy’s, JCPenney, Loblaw
Macy’s Introduces ‘Magic Fitting Room’
Department store retailer Macy’s is introducing the “Magic Fitting Room,” which features a large-scale mirror with multi-touch technology that interacts with a multi-touch tablet and lets customers browse, shop and try on items virtually, at its flagship Herald Square store in New York City. Source: Macy’s
JCPenney Partners with Conde...Continue Reading »
Consumer Web, WiFi Access Grows
Home internet and WiFi access are two of the top growing consumer electronics trends tracked by The Nielsen Company in Q2 2010.Home Broadband Access Increases 4%
Home broadband internet access showed particularly strong growth between Q1 2010 and Q2 2010, increasing 3.8%. Regular internet access grew 2.5% in that time period. Currently, 85.3% of Americans have some kind of Internet...Continue Reading »
‘The Daily Wrap:’ 7-Eleven, Pizza Hut, Big Y
7-Eleven Makes Casey’s Bid
Convenience store retailer 7-Eleven has bid about $2.03 billion to purchase the Casey’s General Stores chain. Canadian convenience operator Alimentation Couche-Tard is trying to buy Casey’s in a slightly less lucrative hostile takeover attempt. Source: Chain Store Age
Pizza Hut Launches New Social Media Hub
For the first time ever, Pizza Hut will provide...Continue Reading »
Gas Prices Affect Consumer Choices
Substantial percentages of US consumers are altering behavioral and spending choices in response to high gas prices, according to a recent Nielsen Company survey.Price, Incentives Draw Gas Consumers
In one intuitive response, Nielsen data indicates that nearly half (45%) of US households are diligently seeking lower gas prices. In addition, some consumers buy gas at locations because of...Continue Reading »
