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Archives » July 2010
Wal-Mart Seeks Advantage Thru Price Gap, Store Design
A look at June 2010 same-store sales performance in the discount vertical shows that Wal-Mart, which only reports same-store sales on a quarterly basis, has been reporting negative growth since its Q2 fiscal 2010 (August 2009). Prior to this, Wal-Mart’s last negative same-stores growth occurred in April 2007, when it still reported monthly results.Wal-Mart Eyes Pricing,...Continue Reading »
‘The Daily Wrap:’ Amazon, Dell, Delhaize
Amazon Q2 Sales Rise 41%
Online retailer Amazon.com grew Q2 fiscal 2010 net sales 41% to $6.57 billion, up from $4.65 billion. Operating income and net income also substantially increased year-over-year. Source: Amazon.com
Dell Outsources Logistics
Dell is selling its merge and fulfillment operation based in Nashville, TN to CEVA Logistics, a Dutch 3PL provider. The affected 480...Continue Reading »
Shipping, Returns High Cross-channel Priorities
Friendlier shipping and return policies would encourage more consumers to purchase products online, according to a new study from Compete.Online Shoppers Desire Free Shipping
Close to 100% of respondents to the Compete Online Shopper Intelligence Study said free shipping would encourage them to purchase more products online. About 70% said free returns would do...
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Enivronmental Update: Kohl’s, Office Depot, Seafood Sustainability
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.
Kohl's, Office Depot Add More Energy-efficient Stores
Continuing on their path to save energy and cut costs at their retail stores, Kohl’s Department Stores and Office Depot have recently added to their portfolio of...Continue Reading »
‘The Daly Wrap:’ Starbucks, Wal-Mart, Supervalu
Starbucks Reports 10% Revenue Growth
Coffee retailer Starbucks Corporation reported results from its recently ended Q3 fiscal 2010 including 10% net revenue growth, driven by a 9% increase in global comparable store sales. Starbucks projects it will open 250 net new stores globally by the end of fiscal 2010 and 500 net new stores globally during fiscal 2011. Source: Starbucks...Continue Reading »
June Email Volume Grows 9% Anually
Top online retailers sent each of their subscribers 2.6 promotional emails on average during the week ending June 25, 2010, according to Chad White, research director at Responsys and author of the Retail Email Blog. That’s down 4% from 2.7 promotional emails the week ending May 28, 2010 and up 9% from about 2.4 promotional emails year-over-year.Promotional email volume was flat for...Continue Reading »
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Collegian Buying Power Grows 13%
College students returning to campus this fall represent a record $306 billion in buying power, according to [pdf] a new study from Alloy Media & Marketing and Harris Interactive.Number of Collegians at All-time High
The 10th annual "College Explorer Study" indicates close to 16 million students ages 18-34 will enter college classes this fall, an all-time record and up 6% from about 15...Continue Reading »
‘The Daily Wrap:’ TJX, Burger King, Amazon
TJX Heads North
Off-price retailer TJX Companies Inc. will open six Marshalls stores in Canada in 2011 with more stores possible in the long term. TJX believes the Canadian market can ultimately support 90-100 Marshalls stores. Source: TJX Companies Inc.
BK Introduces Kids' Breakfast Meal
Fast food retailer Burger King will begin offering a kids; breakfast meal on July 26, 2010. The...Continue Reading »
Top June ‘10 Coupons: Pacsun, Supercuts
An online coupon for 15% off any order at Pacsun and a printable coupon for $5 off any order at Supercuts were the top coupons in June 2010, according to [pdf] coupon aggregator RetailMeNot, which recently released its coupon data report for the month.
RetailMeNot’s report on top monthly coupons separately reports its online and printable-coupon savings numbers. Overall, consumers...Continue Reading »
Economy Permanently Changes Shopping Habits
The ongoing economic recession has permanently altered the food and CPG shopping habits of U.S. consumers, according to a new study from Deloitte.Caution will Outlast Recession
Statistics from the "2010 Great American Pantry Study" indicate that even when the current recession finally ends, US consumers plan to maintain the more cautious and bargain-oriented shopping habits they have...Continue Reading »