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Consumer Attitudes & Behavior

  • Regional malls alive and kicking

    That’s not a bad headline leading into RECon 2012 next week in Las Vegas. Not that I can take credit for the verbiage; “Regional malls alive and kicking” is a report issued Tuesday by SNL Real Estate, Charlottesville, Va.

  • Survey: Wealthy shoppers rank Nordstrom as top luxury retailer

    New York -- Shoppers in the United States earning at least $150,000 annually rank Nordstrom highest among luxury retailers, according to a survey by the Luxury Institute.

    According to the 2012 Luxury Consumer Experience Index, which ranks retailers based on customers' evaluations of a brand's store personnel, shopping environment and degree of satisfaction with the total experience, Nordstrom earns the top overall score of 8.41 out of 10.

    Bergdorf Goodman ranked second (8.37), and Barneys New York third (8.23).

  • McDonald's sees global comps rise 3.3% in April

    Oak Brook, Ill. -- McDonald’s Corp. said Tuesday that same-store sales on the global front rose 3.3% in April, led by European results (up 3.5%) but followed closely by the United States. (up 3.3%).

    Japan dragged down Asia results (up 1.1%).
     

  • ShopperTrak: April 2012

    Total U.S. shopper traffic in retail stores and malls for April 2012

    Warm weather and shifting holidays in March caused retail foot traffic to dip in April. Retail foot traffic in April was 7.6% lower from March, and 2.7% lower on a year-over-year basis.  The slow April is the first in the past 3 months to experience a decline in year-over-year and month-over-month retail foot traffic.

  • Industry Trends: C-store traffic up in first quarter

    New York -- The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group. NPD’s Convenience Store Monitor reports that in the first calendar quarter of 2012 compared with same quarter a year ago, c-store traffic increased by five percentage points from a year ago quarter and by six percentage points at major oil chain c-stores.

  • Weis delivers Q1 income growth on increased productivity

    SUNBURY, Pa. — Weis Markets experienced a jump in its net income and operating income during the first quarter ended March 31, the retailer said.

  • Dressbarn launches social media campaign for Mother’s Day

    New York -- Dressbarn, a subsidiary of Ascena Retail Group Inc., has launched a social and interactive campaign, called Share Your (MOM)ent, for Mother's Day. The campaign's integrated web and mobile site was designed and developed by Manhattan-based agency Conversation.

    The campaign encourages consumers to upload a photo, video or written memory of anyone who has ever given them a warm and fuzzy mom-like feeling, and to share it with others via social networks and a customizable e-card.

  • More Target shoppers honoring their obligations

    Credit card trends at Target hit a new high, or low, depending on one’s perspective. Either way, it’s a good thing.

  • Stellar Q1 comp begs question where to next?

    April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

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