Consumer Attitudes & Behavior

Los Angeles -- For the second consecutive quarter, the retail availability rate has fallen 30 basis points, according to the latest analysis from CBRE Group. The rate now stands at 12.2% and testifies to improved retailer confidence as consumer spending continues to rebound.

The availability rate tracks space that is actively being marketed and available for tenant build-out within 12 months.

Chicago -- Parents will shop and spend more during the back-to-school season this year than they did last year, according to ShopperTrak. The company projects that national retail sales will rise 4.3% in August, and retail foot traffic will increase 0.6%, when compared to the year-ago period.

Washington -- The retail industry added 28,000 jobs in June, according to the National Retail Federation. NRF said the industry had marked increases in every sector except furniture and home furnishings and health and personal care stores.


WASHINGTON — The National Retail Federation's president and CEO Matthew Shay and chief economist Jack Kleinhenz have issued a statement concerning June's employment numbers, released by the Department of Labor.

MISSISSAUGA, Ontario — For the second year in a row, Walmart Canada is holding its Great Big Toy Testing Event, which not only gets parents and their children into stores, but also showcases toys for the 2013 holiday season in a real-world holiday wish list catalog setting. 

Brand Keys, a customer engagement and research consultancy, has identified the 25 brands consumers regard as the most patriotic.

Topping the list were Jeep, Hershey and Coca-Cola with Walmart the only retail brand to make the list at number 15.

Seattle – Starbucks is testing new drink options including handmade sodas and a coffee beverage known as “cold foam mocha.” As reported by the Starbucks Melody blog (which is not affiliated with the retailer), last month Starbucks began the second phase of a carbonated beverage test including proprietary root beer and ginger ale at select locations in Atlanta and Austin.

Dramatic growth and purchasing power of U.S. Latino population demands retailer attention

Chicago – A growing demand for on campus food service exists among US college and university students, according to new data from Technomic. The latest Technomic College & University Trend Report shows that 69% of college students purchase food and beverage from on-campus foodservice facilities once a week or more. This is close to the 71% of college students who did so in 2009 and is a substantial gain from the 62% who paid visits to campus foodservice facilities once a week or more in 2011.

San Jose – Brick-and-mortar retail sales soared during this past spring, according to new metrics from RetailNext. Using its in-store analytics platform to collect metrics on millions of shopping trips to department stores and specialty retailers nationwide, RetailNext studied and released its analysis of traffic, conversion, sales, and average transaction values (ATV) for the spring season, including the four holidays of Easter, Mother’s Day, Memorial Day and Father’s Day, as well as the days leading up to Father’s Day and Easter Sunday.