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‘The Daily Wrap:’ Best Buy, Macy’s, OnLive

Published on November 19, 2010
Best Buy Co. plans to offer free online shipping through Dec. 21, 2010, following a similar move by Wal-Mart Stores Inc. earlier this month. Best Buy said its offer is valid on "hundreds of thousands" of items, including all CDs, Blu-Ray and DVD movies and gaming software and accessories. Business/Financial Macy’s fiscal Q3 2011 net sales totaled $5.6 billion, up more than 6% from...
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‘The Daily Wrap:’ GameStop, Google, B&N

Published on November 16, 2010
Video game retailer GameStop has launched its new PickUp@Store service. This new program is free to use and allows customers to pick out the games they want online, select a store of their choice that has the game in stock, place a hold on the game and pick it up as soon as that same day. M-commerce The Google Goggles visual search app, available in iPhones and Android phones, allows...
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3 in 10 Holiday Travelers Will Boost Spending

Published on October 25, 2010
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....
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‘The Daily Wrap:’ Staples, GameStop, Dollar General

Published on August 24, 2010
Staples Grows North American Retail Sales 2% Office supply retailer Staples, Inc. improved Q2 fiscal 2010 North American sales 2% in US currency. Comparable store sales for the second quarter of 2010 were flat versus the second quarter of 2009, reflecting increased customer traffic, offset by lower average order size. Source: Staples, Inc. GameStop Goes Digital Videogame retailer...
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Back-to-School Shoppers Go Online

Published on August 24, 2010
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
Back-to-School Shopping
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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‘The Daily Wrap:’ Dell, Google, Rue La La

Published on August 23, 2010
Dell Grows Revenue 22% Online consumer electronics retailer Dell increased total company revenue 22% in Q2 fiscal 2010. Operating income grew 11%. Source: Dell Inc. Google Acquires Like.com Google has acquired Like.com, a visual search engine for shoppers. Terms of the deal were not disclosed. Source: Like.com Rue La La Fashions a Niche The first e-mail notifying Rue La La members about...
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Average Family Completes Close to Half of Back-to-School Shopping

Published on August 23, 2010
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...
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‘The Daily Wrap:’ Blockbuster, Wal-Mart, Quiznos

Published on August 11, 2010
Blockbuster Adds Games to Mail Service Media entertainment retailer has added video games to its rental by mail service. Blockbuster says it is now the first entertainment company to offer rentals of games, movies, and TV shows for home delivery through a single subscription service. Source: Blockbuster, Inc. Appeals Court Dismisses Objection to Wal-Mart Employees Wage and Hour...
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‘The Daily Wrap:’ PetSmart, Whole Foods, Giant Eagle

Published on August 04, 2010
PetSmart Debuts in Manhattan Specialty pet supply retailer PetSmart is opening its first two Manhattan stores later this year. One store will open August 21, 2010 and one will open in November 2010. Source: PetSmart Whole Foods Grows Quarterly Sales Specialty organic supermarket retailer Whole Foods increased Q2 2010 sales 15%, to $2.2 billion. Comparable store sales increased 8.8%, or...
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Amex Spending & Saving Tracker Update: Back-to-School Spending Solid

Published on August 04, 2010
The average American family will spend $550 on back-to-school items this year, according to the August 2010 American Express Spending & Saving Tracker.Spending to Rise, But under Control A majority (80%) of consumers with children in preschool through high school expect to spend more (39%) or the same (41%) per child on back to school shopping this year compared to last year. However,...
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