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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 »
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 »
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 »
Few Consumers See Travel Value Rising
In one bad sign for the summer travel season, relatively few consumers think the value in major travel categories rose between 2009 and 2010, according to a recent survey from Compete.One in Five Thinks Hotels, Cruises Gaining Value In their assessment of "value," Compete asked survey respondents to consider factors including price and amenities in four major travel...
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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 »
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Pilot Travel Centers Chases Coffee Biz
The increasingly crowded premium coffee retail market is gaining another player. Pilot Travel Centers, operator of 325 interstate travel centers in 41 states, is launching a major initiative this year to promote its premium coffee products.Social networking plays a significant role in Pilot’s effort to obtain premium coffee marketshare. Pilot has launched a new Facebook fan page [reg....Continue Reading »
Best Buy Electrifies Product Assortment
Consumer electronics retailer Best Buy Co. is continuing its trend of diversifying product assortments by branching into the electric-powered vehicle niche. According to the Wall Street Journal, Best Buy is piloting the sales of electric two-wheeled vehicles, including Segways, at 19 stores in California, Oregon and Washington.This summer, Best Buy will reportedly further expand its...Continue Reading »
Bucko’s Pantry Agrees to Gas Refunds
Convenience store retailer Bucko’s Pantry has reached a $4,000 settlement in a price gouging case brought by the Virginia Attorney General’s office. According to Convenience Store News, $400 of the settlement will be used to refund consumers who paid as much as $5.79 a gallon for gas at three Virginia Bucko's locations in September 2008.The state of Virginia had accused Bucko’s of...Continue Reading »
Citgo Gas Stations Go Online
Petroleum supplier Citgo Petroleum Corp. is providing a web page for all of its approximately 7,000 owner-operated U.S. retail locations.According to Convenience Store News, operators are able to customize their sites to match specific products and services offered at an individual store. Sites can also promote prices, special offers, store hours, community and charity projects, and...Continue Reading »