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3 in 10 Holiday Travelers Will Boost Spending
Among the 39% of Americans who plan to travel this holiday season, almost one-third (30%) say they expect to spend more than last year, according to the October 2010 American Express Spending & Saving Tracker.Average Traveler to Spend $460
On average, travelers plan to spend $460 per person with that figure jumping to $500 per person among young professionals and $560 among affluents....Continue Reading »
GDP Grows 1.7% in Final Estimate - Update
The real U.S. GDP (gross domestic product), which represents the output of goods and services produced by labor and property located in the U.S., grew for the fourth straight quarter in Q2 2010, according to the second quarterly estimate from the Bureau of Economic Analysis (BEA). However, the third and final 1.7% rate of increase (revised from the second estimate of 1.6%) is down from...Continue Reading »
Environmental Update: REI, Applebee’s, AutoZone
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.REI Cuts GHG Emissions
Recreational Equipment Inc. (REI) has reduced its absolute climate impact by 10 percent from 111,000 tons of greenhouse gas (GHG) emissions, or C02e, to less than 100,000 tons C02e from 2008 levels,...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 »
Environmental Update: Sainsbury’s, Venus Group, Mitsubishi
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Sainsbury's Cuts Packaging by 75% for Milk Products
Sainsbury’s is set to become the first retailer in the UK to launch a full range of milk products packaged in plastic bags, which use 75 percent less packaging than...Continue Reading »
Self-serve Regular Gas Price Slightly Drops in July – Update
The average price for a gallon of self-serve regular gasoline has edged down 0.4% since June 2010, according to the American Automobile Association (AAA) Fuel Gauge Report.As of July 30, 2010, the average price for a gallon of self-service regular gas in the U.S. was $2.74 (all price estimates are rounded up to the nearest whole penny), a 0.4% decrease from $2.75 one month ago. The price...Continue Reading »
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Summer Travel Plans on the Rise
An increasing number of consumers plan to engage in leisure travel this Memorial Day weekend and summer, according to a new survey from Deloitte.Consumers Remember Memorial Day Travel Option
Almost one-third of respondents to the Deloitte survey (31%) said they will take a trip this Memorial Day long weekend (May 29-31, 2010). That is up from 24% who said they would travel for Memorial...Continue Reading »
Americans Make Vacation Plans
Summer travel is a priority for the majority of Americans despite the economic downturn, according to the May 2010 American Express Spending & Saving Tracker.More than Half of US Plans Summer Getaway More than half (51%) of the general US population is planning a vacation this summer. Affluents (73%) and young professionals (83%) are even more likely to take a vacation. Those surveyed...Continue Reading »
Environmental Update: Wal-Mart, Fresh & Easy, Office Depot
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Wal-Mart Makes Progress on Sustainability Goals
Wal-Mart has met several sustainability goals including its global target to design and open a store prototype that is up to 25 to 30 percent more efficient and produces up to 30...Continue Reading »
AutoZone Revs Up Stores
Auto parts retailer AutoZone is increasing its investments in a major store refresh initiative at its hub stores. AutoZone has refreshed 82 of its 143 hub stores so far, according to RISNews.The refresh initiative includes expanding the inventory of hub stores, as well as increasing the frequency and reach of delivery from hub stores to its 4,000-plus-store footprint. AutoZone is...Continue Reading »