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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 »
Environmental Update: Chili’s, GNC, IBIE
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Chili’s Touts Largest U.S. Roll-Out of LED Lamps
Chili’s Restaurant touts it is rolling out the largest U.S. installation of LED lamps, reports LEDS Magazine. The restaurant chain is in the process of installing 125,000 LED...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 »
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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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 Walgreens are comfortable enough with their sales at existing stores to undergo major acquisition efforts.Walgreens Tests Chilled Foods, Text Alerts
Walgreens will conduct a test of chilled foods at up to 50 stores...Continue Reading »
Environmental Update: Burger King, Sustainable Packaging, IKEA
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Burger King Cuts Energy Costs 45%
Burger King has unveiled a new energy-efficient restaurant located in Germany that uses state-of-the-art technologies and renewable energy to power one-third of the restaurant’s energy...Continue Reading »
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Consumer Brand Loyalty Declines
U.S. consumers are significantly less loyal to their favorite brands today than they were two years ago, according to comScore ARS research.Consumers Don’t Buy Preferred Brands comScore evaluated the change in brand loyalty within a number of consumer goods categories, including health & beauty aids, OTC medications, apparel, food, household products and housewares. As...
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Boomers Offer Online Beauty Bounty
Baby boomers offer online beauty retailers a potentially lucrative customer segment, according to Mintel.Mintel draws this conclusion from a recent survey indicating 10% of women use some type of online retailer to purchase cosmetics and skin care aids, and the female Boomer population, one of the largest online beauty customer niches, is expected to increase by 30.9% from 2005-2015....Continue Reading »
‘Must Have’ and ‘Easy to Eat’ Displays Work Best
In-store promotional displays of inexpensive products that fall into the “must have” and “easy to eat” categories work best, according to research from The Nielsen Company.Necessity, Ease, Price Drive Successful Display Promotions
Products that provide the most lift in display promotions optimally have a unit cost of less than $5 and can be considered...
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‘The Daily Wrap:’ Walgreens, Dunkin’ Donuts, GameStop
Walgreens Completes Duane Reade Purchase
Drugstore retailer Walgreen Co. has completed the acquisition of Duane Reade Holdings, Inc. The transaction includes all 258 Duane Reade stores in the New York City metropolitan area, as well as Duane Reade’s corporate office and two distribution centers. Source: Walgreen Co.
Dunkin’ Donuts Cooperates with Amex on Rewards
Dunkin' Donuts is...Continue Reading »