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State of US Same-Store Sales - September 2010 and Quarterly Data Update and Full-Year Outlook
Retailer Daily has compiled comparable store sale data from the SEC filings of 26 major US retailers spanning several years, up to the most recently released September 2010 and quarterly numbers. The data excludes fuel sales and is available in Microsoft Excel format from the link below:
Indications from September 2010 and the most recent quarterly same-store sales results across...Continue Reading »
Good Neighbor Pharmacy Tops in Customer Satisfaction
Good Neighbor Pharmacy earned the highest score among national chain drug stores in the J.D. Power and Associates 2010 U.S. National Pharmacy Study. Meanwhile, Target ranked highest among mass merchandisers and Publix got the highest score among supermarkets.The study measures customer satisfaction with pharmacies in two segments: brick and mortar and mail-order. The study includes chain...Continue Reading »
Retailers Open, Remodel Stores Coast to Coast - Update
A look at new store openings and remodelings in August 2010 shows retailers targeting states across the country with no clear focus on the local employment situation. This changes course from June and July 2010, when retailers targeted the Northeast and Mid-Atlantic regions of the U.S., where unemployment rates have been equal to or better than the national average in recent months....Continue Reading »
Environmental Update: Wal-Mart, Kohl’s, Staples
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 Installing Thin Film Solar in CA, AZ
Wal-Mart plans to use a new lighter weight and lower cost solar technology at the majority of its 20 to 30 store locations in California and Arizona that are scheduled for solar...Continue Reading »
Price Biggest HBC Influencer
Price is the most popular influencer on consumer decisions to buy a particular health and beauty care (HBC) product, according to recent data from The Nielsen Company.7 in 10 HBC Consumers Affected by Price
About seven in 10 (69%) global consumers say price influences their HBC purchase decisions, with 48% slightly agreeing and 21% strongly agreeing. The only...
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August Chain Store Sales Meet Expectations
U.S. comparable?chain?store sales for August 2010 rose by 3.2% [pdf] on a year?over?year basis as measured by ICSC Research’s preliminary tally of 31 major retail chain stores. That performance was in?line with the International Council of Shopping Centers ICSC’s expectation for industry sales growth of about 3%.Strong Performers Offset Uneven Results
ICSC analysis...
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‘The Daily Wrap:’ Wal-Mart, Toys R Us, Blockbuster
Wal-Mart Introduces Mobile Service
Discount retailer Wal-Mart will launch Walmart Family Mobile, a new brand of post-paid cell phone service that offers unlimited talk and text. The service will be provided by T-Mobile via its nationwide network, and will be sold exclusively by Wal-Mart in nearly 2,500 stores starting Sept. 20, 2010. Source: Wal-Mart Stores, Inc.Toys R Us Reports Net...Continue Reading »
Dept. Stores Stay Busy
Major department store chains are staying busy, regardless of recent same-store sales performance. Following is a brief overview of recent same-store sales and new or newly announced efforts from Macy's, JCPenney, Gap, Sears, and Kohl’s through August 2010.All Retail is Local
Upscale department store retailer Macy’s, which reported positive same-store sales every month between...Continue Reading »
Store Openings and Closings Update - August 2010
A comparison of store openings and closings by leading retailers in several major verticals shows that the recession has had a varying impact on retail store growth strategies.
Discounters Slow Down Domestic Store Expansion
In a plan issued April 2010, discount retailer Wal-Mart said it intends to grow in major metropolitan markets domestically, with new formats while making existing...Continue Reading »
Average Family Completes Close to Half of Back-to-School Shopping
The average US family has completed 43.2% of their back-to-school shopping, according to new data from the National Retail Federation (NRF) and BIGresearch.2010 Spending Outpaces 2009
Results from the Back-to-School Consumer Intentions and Actions survey indicate that at the equivalent time period last year, the average American family had only completed 41.6% of their back-to-school...Continue Reading »