Marketing Tactics

Washington, D.C. -- Consumers are predicted to spend an average of $106.49 on Father’s Day spending this year, up from $94.32 last year, according to the National Retail Federation’s Consumer Intentions and Actions Father’s Day survey. It is the highest in the eight years the survey has been conducted.

WASHINGTON — Ongoing economic challenges and high gas prices won’t put a dent in shoppers spending intentions this Father’s Day, according to new research from the National Retail Federation.

New York City -- The National Association for the Specialty Food Trade (NASFT) has announced the Outstanding Specialty Food Retailers of 2011. The winners are: Central Market, Austin, Texas; Fromagination, Madison, Wisc.; Olives Gourmet Grocer, Long Beach, Calif.; The Cheese Iron, Portland, Maine; The Fresh Market, Greensboro, N.C.; and ZZest Market & Café, Rochester, Minn.

New York City -- The Tommy Hilfiger Group said Friday that it will begin selling men's clothing in 90 locations of The Bay, a Canadian department store.

Gary Sheinbaum, CEO of Tommy Hilfiger North America, said Canada's "robust economy and increasingly discerning fashion consumers" influenced the decision.

The company described the setup as a "shop-in-shop," encompassing about 500 sq. ft. The shop will open by November.

The company has a similar set-up in the United States with Macy’s.

Shares of Target are on sale. After beginning the year slightly above the $60 mark, it has been a steady slide downward for the first five months of this year, and now shares regularly trade below $50.

Pittsburgh -- Dick’s Sporting Goods announced Tuesday that it will celebrate the grand opening of its tenth Alabama store, which opened at Jubilee Square in Daphne, Ala.

The chain’s celebration, spanning June 3-5, will feature appearances by college and professional football players and a professional bass angler, as well as a variety of giveaways.
 

Target and Walmart remain in what is essentially a dead heat as far as prices on food and consumables are concerned, according to the most recent study of prices in Dallas and Chicago conducted by Credit Suisse. The firm looked at a basket of 60 items across the two markets, as it does every month, and in keeping with prior comparisons, the data for April showed Target lagged Walmart by 3.4% in Chicago and 4.6% in Dallas.

Philadelphia -- Pennsylvania Real Estate Investment Trust announced Tuesday that it has launched a free interactive application, available for its 40 shopping malls around the country.

Initially designed for Apple’s iPhone, the app will soon be available for the Android and Blackberry, according to PREIT.