Online Sales Tax, Blockbuster Express, QR Codes
Close to 49% of respondents to a Compete consumer survey indicated that they would change their online spending habits in some way if they were required to pay an online sales tax.
When asked why they might shift their spending from online-only retailers to offline retailers, the majority of consumers indicated that they would be more price-sensitive if online-only retailers were forced by legislation to start collecting sales tax.
E-commerce & Multichannel Retailing
- Despite a legal dispute, NCR Corp. is adding 800 Blockbuster Express locations to Food Lion stores in the mid-Atlantic and southeastern U.S. regions as the company continues to expand its footprint for the movie-rental machines.
- Coinstar plans to install its coin-counting kiosks in 1,400 Safeway grocery stores in the U.S. and Canada by the end of 2011.
- BJ’s Wholesale Club is using various Keynote Systems solutions for optimizing the performance of its e-commerce website.
- The Food Co-op in Port Townsend, Wash., a 39-year-old organic food market near Seattle with 5,000 active members, is carving out an unusual distinction for itself: the U.S. food store with one of the more active quick response (QR)-code programs.
Business & Finance
- The largest provider of digital coupons, Coupons.com, has received a $200 million investment from institutional investors.
- Reebok International founder Paul Fireman is jumping back into the running-shoe business, with an investment of close to $20 million in a Colorado sneaker maker that aims to capitalize on the industry’s biggest innovation in decades: shoes that mimic barefoot running.
Legal & Regulatory
- The U.S. Senate has rejected the Tester-Corker amendment to delay swipe fee reform, which the NRF says will prevent more than a billion dollars a month from being pocketed by big banks and, in turn, allow retailers to hold down prices for consumers.
Stats & Research
- Americans have in recent weeks become slightly less likely to say they are cutting back on their weekly spending; suggesting that actual consumer spending may increase as summer gets underway.
- U.S. retail sales of packaged snacks rose to nearly $64 billion in 2010, and Packaged Facts projects sales to approach $77 billion by 2015, a total market increase of more than 20%.
- Children in kindergarten through 12th grade who earn a B average or better on their report cards can head to participating Blockbuster stores nationwide to receive a free, one-day, non-new release movie rental.