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Back-to-School Shoppers Go Online
One-third of back-to-school shoppers are conducting at least half of their back-to-school shopping online this year, according to the Compete Online Shopper Intelligence Study.Back-to-School Shoppers Buy Most Electronics Online
On average, back-to-school shoppers will conduct 70% of their electronics shopping online this year. Electronics are by far the most...
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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 »
Total Back-to-College Spending Up , Per Capita Down
Total spending on back-to-college merchandise should slightly increase this year compared to 2009, but average per capita family spending will be a little lower, according to data from the National Retail Federation (NRF) and BIGresearch.Total Spending Rises 12% from ‘09
Spending on back-to-college merchandise should total $33.77 billion, up 12% from $30.08 billion in...
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Environmental Update: Staples, Green Seal
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Staples Reaches 15m KWH Milestone
Staples Inc. announced that it has produced 15 million kilowatt hours from 32 solar installations throughout North America. The partnership program, which launched in 2005 with installations...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 »
Staples Sales Rise, Income Falls
Office products retailer Staples, Inc. reported higher total company sales but lower net income during Q4 and fiscal year 2009 (ended January 30, 2010). Highlights from Staples’ quarterly and annual performance follow.Total Sales Increase
Staples’ fourth quarter total company results were the opposite of its third quarter results, when total sales fell 6% but net income grew 72%. In...Continue Reading »
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Staples Sales Slip
Office products retailer Staples experienced declines in total company, North American delivery and international sales during Q3 fiscal 2009 (ended October 31, 2009). However, North American retail sales slightly increased and total company net income improved dramatically. Selected highlights and analysis follow.Total Sales Fall, Net Income Rises
Staples reported a quarterly sales...Continue Reading »
Staples Shows Sales Strength Internationally
Office supply retailer Staples, Inc. reported increases in total company, North American delivery and international sales during Q2 2009, although sales in its North American retail segment slipped. Selected financial highlights and analysis follow.Total Company Sales Rise, Net Income Falls
Staples reported total Q2 company sales of $5.5 billion, a 9% jump from $5.1 billion. However,...Continue Reading »
Economy Impacts Back-to-School Spending
According to recent consumer surveys by Deloitte and the National Retail Federation (NRF), the continuing recession will negatively impact the 2009 back-to-school shopping season. However, fewer consumers may cut back on back-to-school spending this year than in 2008, and key product categories such as consumer electronics and “green” items may be bright spots.Research by Deloitte...Continue Reading »
Staples Tests Mobile Phone Waters
Office products retailer Staples Inc. is piloting the sale of mobile phones and service contracts at about 10 U.S. stores. According to Bloomberg, Staples, which previously stopped selling mobile phones with service contracts in 2001, began the pilot earlier this year and will review its performance in autumn 2009. Staples, which has continued selling prepaid, no-contract mobile phones,...Continue Reading »