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Consumer Attitudes & Behavior

  • Survey: College students wary of mobile payments

    Lenexa, Kan. – Four-in-10 (42%) college students around the country would "probably not" or "definitely not" make more mobile payments if they were widely available. A survey sponsored by Balance Innovations showed that another 42% reported they would use their mobile phone "somewhat more, depending on the retailer or purchase," and only 16% of those surveyed said they absolutely would use mobile payments "all the time."
     
    Additional insights from the survey include:
     

  • Increasing federal minimum wage suffers setback

    An effort to raise the federal minimum wage to $10.10 failed on Wednesday, as the issue was not able to clear a procedural vote in the Senate. Senators predominantly voted across party lines, which places Democratic senators in favor and Republican senators opposed.

    According to published reports, while the defeat was expected it is serving as a rallying cry for Democrats preparing their next campaign.

  • Senate rejects minimum wage hike

    New York -- A bid to raise the federal minimum wage was rejected by Republicans in the Senate, who blocked legislation Wednesday to boost the rate to $10.10 an hour. Senators predominantly voted across party lines, which places Democratic senators in favor and Republican senators opposed.

    The defeat was expected, and it is expected to serve as a rallying cry for Democrats preparing their next campaign.

  • Survey: Retailers getting more aggressive in mobile investments as payback grows

    Chicago -- Mobile (including tablet), marketing and personalization were the top three issues that retailers will devote the most time to in 2014, according to the e-tailing group’s 13th Annual Merchant Survey. Omni-channel and platform rounded out the top five concerns.

  • Outlets Are In

    Eleven centers opened last year, with 50 more on the drawing boards

    The recession lit the fuse that has produced an explosion of outlet center development.

  • Sport Chalet marks 55th anniversary

    Sport Chalet is turning 55 this year and to mark its anniversary, the retailer is taking a look at some of the biggest fitness trends and milestones from the past five decades, and forecasting trends consumers can expect in the decade to come.

    In 1959, Norbert and Irene Olberz opened an intimate ski shop in La Canada Flintridge, Calif. Now there are 51 stores in four states, featuring the industry's top brands across a variety of sports and fitness activities.  

  • Restaurant sales, traffic and capital spending on the rise

    Washington, D.C. -- Driven by stronger same-store sales and customer traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index 's rose to a 10-month high in March. The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 101.4 in March, up 0.9 percent from February's level of 100.5.  

  • Study: Corporate data breaches damage sales

    San Francisco - Consumers avoid doing business with a breached organization at a high rate. According to a new study conducted by Javelin Strategy & Research and commissioned by data management solution provider, Identity Finder, 33% of customers will shop elsewhere if their retailer of choice is breached.

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