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Budgets/Spending/Market Size

  • Survey: Online grocery shopping grows in certain directions

    Consumers are buying groceries online in increasing numbers, but are following specific trends.

    According to a new survey of 12,000 U.S. grocery shoppers conducted by grocery retail consultancy Brick Meets Click and sponsored by SAP hybris, the percentage of U.S. consumers that have purchased groceries online in the past 30 days nearly doubled to 21% in the fourth quarter of 2015 from 11% in 2013. Forty-one percent of consumers have purchased groceries online at some point.

  • NRF tells Fed to lower swipe fees further

    The National Retail Federation is pressing for a further reduction in per transaction fee banks charge retailers when customers use debit cards five years after the Federal Reserve cut the fee in half.

    In a letter the National Retail Federation sent to the Federal Reserve the trade group said the cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered.

  • Dollar General to open 1,000 stores in 2017

    Dollar General will break its own record for store expansion in 2017. And that’s saying a lot.

    The discounter is already in high gear, with plans to open a record 900 stores and remodel or relocate about 875 existing locations in 2016. But it’s upping the total for 2017, forecasting some 1,000 new stores and 900 remodels or relocations, which is in line with its model of 6% to 8% square footage growth.

  • Starbucks launching prepaid Visa card to boost its rewards program

    Starbucks Corp. is extending its payment platform to extend its reward program beyond its own stores.

    The coffee giant announced at its annual shareholders meeting on Wednesday that it will launch the Starbucks Rewards Prepaid Card from Chase by the end of this year.

  • Sherwin-Williams in $11.3 billion acquisition

    Two of the biggest names in the U.S. paint industry are combining forces.

  • Shoppers hop to stores for Easter apparel offerings

    The growth of digital shopping tools continues to benefit physical stores with new seasonal research from the International Council of Shopping Centers (ICSC) showing how much.

  • CBRE leads global commercial property investment sales activity

    Los Angeles -- CBRE Group for the fifth consecutive year was the top-ranked firm for commercial real estate investment sales throughout the world during 2015, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the five years that RCA has published global rankings.

    Real Capital Analytics credited CBRE with 21.9% of market share across all property types, office, industrial, retail, apartment and development sites, in 2015 on a global basis.

  • Weather outlook bodes well for Easter sales

    Businesses throughout North America can expect above normal temperatures in most markets over the Easter weekend (March 25-27), according to Planalytics.

    The strongest warmth compared to normal will be along the West Coast and from the Plains to the East Coast. The Ohio Valley, Mid-Atlantic, and Northeast regions can expect intermittent showers leading up to the Easter holiday.

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