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Marketing Tactics

  • Regency uses crowdsourcing to lease Baltimore shopping center

    Jacksonville, Fla. -- Regency Centers said Friday it is asking Baltimore residents to suggest stores and restaurants they want to open at their local Parkville Shopping Center through an online crowdsourcing platform called Popularise. 

    The leasing recommendations will be considered as part of the grocery-anchored center’s renovation, which has begun construction. 

  • Ulta to open flagship store in Center City Philadelphia

    Philadelphia -- Plymouth Meeting, Pa.-based Fameco Real Estate said that it represented Ulta Beauty in a 13,647-sq.-ft. lease at 1619 Walnut Street, the former Westinghouse studio, developed by Vesper Property Group and located in Center City, Philadelphia.

    The lease marks Ulta’s first retail location in Center City. It will open a three-level store much like its other signature urban store in Chicago.

  • August consumer sentiment rose to three-month high

    New York -- The Thomson Reuters/University of Michigan consumer sentiment index climbed to a better-than-expected 74.3, compared to 72.3 in July and representing a three-month high.

    Aggressive retail discounting and record-low interest rates boosted the results, but unemployment remains a big concern. 

    “Confidence is lackluster,” Jim O’Sullivan, chief U.S. economist for High Frequency Economics Ltd., told Bloomberg. “It typifies the economy right now. It’s not strong, but not collapsing either.”

  • Collective Brands swings to Q2 profit

    Topeka, Kan. -- Collective Brands Inc. reported Friday that net income for the second quarter was $9.7 million, compared with a loss of  $35 million last year when it booked nearly $84 million in one-time charges.

    Sales for the owner of Payless ShoeSource and Stride Rite grew 6% to $886 million and same-store sales rose 2.9%.
     

  • Survey: BTS shopping shows surge in coupon use

    Austin, Texas -- A survey released Friday by coupon site RetailMeNot found that coupon use for back-to-school shopping surged this year, particularly for retailers selling books, school supplies and apparel.

    According to RetailMeNot, which measured coupon usage during the July 1 to Aug. 20 selling period, as compared with the prior three months, the average daily coupon clicks increased more than 130% for book retailers, more than 40% for merchants selling back-to-school supplies and more than 30% for stores selling apparel and shoes.

  • Whole Foods launches green gift card program

    Austin, Texas -- Whole Foods Market said Friday that it has launched two new eco-friendly gift cards, with plans to replace the  recycled plastic cards that will be phased out over time.

    The new cards – one made of paper and the other of responsibly harvested wood— are certified by the Forest Stewardship Council and have a lower carbon footprint, are reusable, recyclable, compostable and require less energy to be produced.

  • Third quarter off to good start at Target

    A 4.2% increase in August same-store sales at Target was at the high end of the company’s forecast range.

    The solid showing during August was noteworthy because it came on top of a prior year increase of 4.1% and was attributable primarily to an increase in average transaction size. According to Target, about three fourths of the increase was due to growth in ticket with increase shopper traffic accounting for the remainder of the comp increase.

  • Kroger fuels up the savings at the pump

    CINCINNATI— Kroger is extending its summer fuel savings program through the fall and holiday seasons. Customers can now earn and redeem fuel points to save up to $2.00 off per gallon at Kroger Family of Stores Fuel Centers through Dec. 31.

    "At our customers' request we are pleased to extend our special offer doubling potential fuel savings up to $2.00 per gallon through the busy fall and holiday shopping seasons," said Michael Donnelly, Kroger's SVP of merchandising.

  • Retailers make strong gains in August

    NEW YORK — Macy's, Limited Brands and Gap Inc. all posted August same-store sales that topped analysts' estimates as retailers across the board generally posted strong sales, boosted by back-to-school shopping and aggressive promotions. The strong showing comes shortly after the news that consumer confidence for August slumped to its lowest level of the year.

  • Sam's Club offering diabetes screening

    BENTONVILLE, Ark. — According to the Centers for Disease Control and Prevention, about 1.9 million new cases of diabetes are diagnosed each year. To help its customers better understand this illness, Sam's Club Pharmacy locations are offering free diabetes and vision screenings (diabetes is a leading cause of blindness) for members and the public on Saturday, Sept. 8 from 11 a.m. to 3 p.m.

    Sam's Club's free diabetes screenings are valued at more than $150 and include:

    •    Glucose tests

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