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Retail Media

  • Texting takes top billing

    At Westfield San Francisco Centre, shoppers have the opportunity to win a $1,000 shopping spree, while Westfield has the chance to gain valuable marketing access.

    Westfield mall patrons are invited to text “spree” and their email address in order to be entered into a drawing for a $1,000 shopping spree. The text also opts them in to receive ongoing alerts and up to four messages per month from Westfield.

    Opt-out is easy, requiring only a “stop” text to a designated number.

  • Starbucks Q1 profit up 10%

    Seattle -- Starbucks Corp. reported that its fiscal first-quarter profit rose 10% for the quarter ended Jan. 1, 2012. But the company issued a modest forecast for the year that was slightly below Wall Street expectation, citing ongoing struggles with higher costs for coffee beans, dairy products and other ingredients.

  • Orangetheory Fitness Studio to open on Long Island

    New York City -- Sabre Real Estate Group said it has arranged a lease for the first Orangetheory Fitness Studio on Long Island.

    The lease with landlord Federal Realty Investment Trust is for 3,480 sq. ft. at the Huntington Square Mall, located in East Northport and anchored by Sears and Barnes & Noble. The studio is expected to open in February.

    Orangetheory Fitness has plans to open as many as 30 studios in Nassau and Suffolk Counties. 
     

  • Sales increase 11.3% in December at Pier I Imports

    Fort Worth, Texas -- Pier 1 Imports Inc. said Thursday its same-store sales climbed 11.3% in December, driven by a greater number of shoppers who spent more on each visit. The gain topped the 10.3% rise in the same month a year ago.

    The chain said sales remained strong throughout the month, including the week after Christmas, in every region.

  • On the Upswing?

    I’m feeling pretty good about our industry after attending the ICSC New York Deal Making Conference earlier this month. In a marked change from recent years, the mood at the annual convention was noticeably upbeat. And, surprisingly — in a good way — there was an obvious buzz in the air about expansion plans. There are some intriguing new retail concepts in the pipeline and the recent influx of international brands making their brick-and-mortar entry into the U.S. market gives us what I think are genuine reasons for optimism in the New Year. 

  • Study: Dollar store boom good for retail landlords

    Seattle -- The combined store count of the four national dollar store (or extreme value) chains — Dollar General, Dollar Tree, Family Dollar and 99 Cents Only — has now surpassed that of the three biggest national drugstore chains (Walgreens, CVS, and Rite Aid), according to a new report  by Colliers International, the third-largest commercial real estate services company in the world.

  • BDO USA survey details retailers’ holiday marketing spend

    Chicago -- Despite all of the hype surrounding mobile commerce, just 36% of chief marketing officers at retail companies have included mobile in their holiday marketing strategies this year, according to a recent BDO USA survey. And of the CMOs incorporating mobile, 84% say it accounts for less than 10% of their holiday marketing efforts. The findings are from the most recent edition of the BDO Retail Compass Survey of CMOs, which examined the opinions of 100 chief marketing officers at leading retailers located throughout the country.

  • U.S. households to spend $497 on holiday gifts

    New York City -- The Conference Board reported Wednesday that U.S. households are expected to spend an average of $497 on gifts this holiday season. Just 7% of consumers said they plan to spend more on holiday gifts this year, while approximately 40% plan on spending less than last year.

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