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Daily Deal Growth, Target Canada Stores, Donut Day
Unique visitors to leading daily deal sites Groupon and LivingSocial.com grew by triple-digit rates between April 2010 and April 2011, according to analysis from Compete.
Groupon still leads the way with nearly 24 million unique visitors for the month, increasing 5.4% month-over-month (MOM) and 655.8% year-over-year (YOY).
International Expansion
Target has revealed the first...Continue Reading »
Gtrot Travel Deals, Whole Foods Expansion, Blockbuster Canada Troubles
Travel site Gtrot has partnered with Local Offer Network to send its users daily deals for more than 100 destinations in the United States, Canada, Australia and UK, starting five days before their trips, according to the Boston Herald. The offers are aggregated from more than 200 daily deal sites, including Groupon and Living Social.
Store Openings & Closings
Whole Foods Market...Continue Reading »
Digital Loyalty, Family Move Night, Mobile Problems
The Boston Globe reports a new digital coupon service is being launched today, with a difference: unlike group buying sites, it’s not designed to offer deals on spa treatments or other luxury items.Instead, the service from SavingStar Inc. will work with the loyalty cards handed out at large chains, such as the supermarkets Shaw’s and Stop & Shop and the drug retailer CVS, to give...Continue Reading »
RetailWire Discussion: The Enduring Allure of the Secret Handshake
Commentary by Doug Stephens,
President,
Retail Prophet
Facebook has become the ultimate online commune. Anyone can jump on a Groupon deal. There are no requisites to joining Foursquare, Flickr or almost any other web based social community. In fact, the web in general has in many ways become the truest expression of the idea of equal access and egalitarianism; the democratization of...Continue Reading »
‘Daily Wrap:’ Amazon.com, Wal-Mart, Home Depot
Amazon.com sold about 1.3 million gift cards in a single day using the discount coupon site LivingSocial, according to MediaBistro. The one-day deal allowed consumers to buy a $20 gift card for $10.
Business & Finance
Wal-Mart is launching a major initiative to make healthy food more affordable and improve the healthiness of its private label food and CPG products.
Save-A-Lot broke...Continue Reading »
‘Daily Wrap:’ Holiday Sales, Amazon.com, Starbucks
Preliminary 2010 holiday sales, which combine the full months of November and December 2010, rose 5.7% to $462 billion, surpassing NRF's forecast of 3.3%. This represents the best holiday sales gain since 2004, when holiday sales increased 5.9%.
E-commerce & Multichannel Retailing
Online retailer Amazon.com intends to build its largest UK distribution center near Edinburgh, Scotland...Continue Reading »
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‘Daily Wrap:’ Groupon, Barcode Scanning, Target
Groupon, the social buying site that spurned a $6 billion offer from Google, is pushing ahead with plans for its initial public offering, a debut that could value the company at $15 billion or more, reports the New York Times. Groupon, which is expected to make its debut in the spring, reportedly will meet with bankers again today.
E-commerce & Multichannel Retailing
According to...Continue Reading »
‘Daily Wrap:’ Connected Customers, Best Buy, Kroger
The latest installment of the Motorola Solutions annual holiday study indicates that the majority of surveyed retail associates (55%) believe that this holiday season’s shoppers were better connected to consumer information than in-store associates driven by increasing availability of online shopping tools.
In addition, the study finds shoppers were aided by mobile phone applications...Continue Reading »
‘Daily Wrap:’ Best Buy, Holiday E-commerce, Wal-Mart
After more than three-and-a-half years of courtroom battles with the Connecticut Attorney General’s office, Best Buy has admitted that its in-store kiosks tricked consumers out of web price-matching and agreed to pay consumers in that state $399,000.
StorefrontBacktalk reports Best Buy also said it would stop showing higher prices on its in-store kiosks and would “conspicuously...Continue Reading »
‘Daily Wrap:’ eBay, Amazon.com, Google
Imagine walking down the street, pointing your smartphone every which way, and seeing overlays of items people in the neighborhood have posted for sale on eBay. USA Today reports that's just what you can do through an "augmented reality" mobile browser called Junaio, available for free for the iPhone and Android devices.
M-commerce
Amazon Windowshop, the retailer’s “complete...Continue Reading »