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Attitudes: Retailers

  • Study: Only 17% of specialty retailers offer dedicated mobile site

    Las Vegas -- In a study of 75 online specialty retailers, only 17% of the companies offered dedicated mobile websites.

  • Customers unwilling to pay more for eco-friendly products

    AUSTIN — While 46% of consumers are more inclined to purchase a product if it is eco-friendly, nearly 60% are unwilling to pay more money for that eco-friendly product or service, according to new research.

  • Study: Most shoppers make impulse purchases

    Denver -- Research results released Tuesday by The Integer Group and M/A/R/C Research found that, despite a shopping list being a tool to stay on budget and eliminate unnecessary purchases, nine out of 10 shoppers still buy items not on their list.

    The shopper behavior study, called The Checkout, showed that 66% of those who purchase off-list items were motivated by a sale or promotion. Thirty percent said they found a coupon, and 23% wanted to pamper themselves.

  • Survey: Bargain shoppers reshape grocery experience

    San Francisco -- A new study released Thursday by MarketTools found that 63% of shoppers say they have changed their shopping habits in the past six months, with the majority reporting changes to seek more value.

    According to the study, to save money on grocery bills, respondents reported that they buy items with coupons (80%); buy store brands instead of name brands (62%); use store loyalty cards that offer discounts (62%); buy items only when they are on sale (58%); and buy more large-sized products (43%).

  • Jobless claims up, but consumer confidence also increases

    Washington, D.C. -- Figures released Thursday by the Labor Department showed that more Americans than forecast filed applications for jobless benefits last week, reinforcing concern that the labor-market recovery will be slow to develop.

    Consumer confidence, however, has held up, as the Bloomberg Consumer Comfort Index was minus 32.8 in the period ended April 8, second only to the prior week’s minus 31.4 as the highest since March 2008.

  • TGT’s saw March comps surprise despite uptick in ad activity

    Target’s promotional cadence increased in March, but it was nothing compared with the ramp up in activity at Walmart and Toys“R”Us. To check out Market Track’s monthly review of top retailers’ promotional efforts, click here. 

     

     

  • The retailer Americans love to hate, Consumer Reports readers anyway

    Walmart is the nation’s largest food retailer, and 140 million people shop its stores each week, yet somehow the company ranked second to last on a ranking of the best and worst supermarkets in America.

  • Kronos: Fewer people applying for retail jobs

    Chelmsford, Mass. -- The Retail Labor Index released Thursday by Kronos Inc. indicated that applications for retail jobs are waning.

    The April Index, which characterizes the March 2012 state of the demand and supply sides of the labor market within the U.S. retail sector, prepared by Macroeconomic Advisers, was down slightly in March to a still solid 4.3%. (The index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3% means that for every 100 applications received, three hires occurred).

  • Competition from Amazon grows

    Amazon wasn’t always a threat to Walmart, but as the only retailer grows and offers more of the same products as traditional mass retailers, it has become hard to ignore. This article from Businessweek examines how Amazon has influenced Walmart’s approach to online.

     

     

     

  • J.C. Penney Transformation: Two Months In

    J.C. Penney is in the very beginning of its transformation. But the first component of the strategy — a new pricing model that jettisoned hundreds of promotions in favor a three-tier model — in already in place. And not surprisingly, experts are weighing in.

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