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Consumer Attitudes & Behavior

  • Publix profits in Q1

    Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.

    Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.

    Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.

  • GNC has weak Q1

    Pittsburgh – GNC Holdings Inc. demonstrated some weakness during the first quarter of fiscal 2015 with shrinking profit and revenue. Net income dropped 9% to $63.27 million from $69.9 million a year earlier, driven by rising selling, general and administrative (SG&A) expenses.

    Net revenue fell slightly to $670.25 million from $674.46 million. Same-store sales decreased 4.1% in domestic company-owned stores (including GNC.com sales). In domestic franchise locations, same-store sales decreased 1.5%.

  • Consumers want social connection with retailers

    San Diego – Consumers are using social media to connect not just with high school classmates and former flames, but with retailers. According to Interactions’ latest Retail Perceptions report, “Social Media: Invest to Impress?”, more than 75% of social media users expect retailers to have a social media presence, and 42% prefer to shop at retailers that connect with them through social media.

  • Study: Retail merger activity surges in Q1

    New York - The U.S. retail and consumer sector experienced a strong first quarter in 2015 for merger & acquisition (M&A) activity, which was driven by seven megadeals (deals with a value of more than $1 billion). According to PwC's U.S. retail and consumer deals insights report, 39 deals were announced for the quarter (with values more than $50 million), up 11% from fourth quarter 2014, but down 9% from first quarter 2014.

  • Study: Restaurants perform positively in March

    Washington, D.C. - As a result of higher same-store sales and a continued optimistic outlook for future business conditions, the National Restaurant Association's Restaurant Performance Index (RPI) remained in positive territory in March. The RPI, a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry, stood at 102.2 in March, down 0.4% from February's level of 102.6.

  • Amazon hashtag tops in social shopping

    Amazon has climbed to the top of the social shopping ranks, thanks in part to the introduction of #AmazonCart and #AmazonBasket.

  • BEACONS AT YOUR COMMAND

    GameStop uses beacons to put customers in charge of store promotions

    Retailers often use in-store beacons to push promotions to customer mobile phones as they pass by. But video game retailer GameStop Corp., which operates more than 4,200 U.S. stores, takes a different approach.

    “In the store, we have multiple pieces of signage marking the location of beacons,” said Charlie Larkin, senior director of GameStop Technology Institute, the retailer’s in-house IT development center.

  • Study: Global consumers eye online groceries

    New York – Retailers who offer or are considering offering online grocery shopping may be on the right track. One-quarter of 30,000 online global respondents surveyed in the new Nielsen Global E-commerce and the New Retail Surv say they are already ordering grocery products online for home delivery and more than half (55%) are willing to use it in the future.

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