‘The Daily Wrap:’ Mobile Coupons, Staples, Borders

Published on November 22, 2010 | Comments: 0
Will retailers see an advantage in mobile coupons? As reported by The Boston Globe, some applications that consumers may already be using have started to weave in special offers, although they may have to download the latest version to see them.

E-commerce & Multichannel Retailing

  • Staples, which entered the Australian office products market when it purchased Corporate Express in July 2010, has launched an Australian e-commerce site targeting 750,000 small businesses.
  • Facebook growth dramatically outpaces other socnets.
  • Is a Groupon acquisition Google’s answer to Google Offers?
  • Americans increase their online shopping, reading reviews and value opinions shared online.
  • Darkness ahead for Black Friday.

Store Openings & Closings

  • Borders is closing about 17 stores in January 2011, including four in California, two in New Jersey, and units in Illinois, Indiana, Kansas and North Carolina.
  • Crocs plans to increase store count by 25% in 2011.

Research & Stats

  • ‘Harry Potter’ has $330 million debut weekend.
  • Unemployment, as measured by Gallup without seasonal adjustment, declined to 9.2% during the first half of November; down from 9.4% during the last half of October and 10% in mid-October, and one of the lowest levels of the year.
  • A considerable proportion of owners of factory-installed navigation systems also use portable navigation devices and smartphone navigation, according to the J.D. Power and Associates 2010 U.S. Navigation Usage and Satisfaction Study.

Business & Finance

  • Dollar Tree grew consolidated net sales about 14% during Q3 fiscal 2010.

Marketing & Advertising

Legal & Regulatory

  • The Coca-Cola Company is enacting a voluntary withdrawal of 22,000 sets of themed drinking glasses for quality reasons.

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