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Consumer Attitudes & Behavior

  • U.S. retail sales rose in February by most in five months

    Washington, D.C. -- A report released Tuesday by the Commerce Department said that retail sales in the United States rose 1.1% in February, the most in five months.

    The advance matched Bloomberg estimates and followed on the heels of a 0.6% increase in January that was larger than anticipated.

  • Survey: Most tablet owners use mobile devices to shop

    Los Angeles -- A survey released Monday by PriceGrabber said that 77% of consumers who own a tablet computer use either a tablet or a smartphone to shop.

    The survey includes responses from 1,829 U.S. online shopping consumers, 22% of whom indicated that they own a tablet computer.

    When consumers who use their mobile devices for shopping were asked how often they make purchases from their mobile devices, 40% said a couple times a month, 23% said once a week, 20% said a few times a year, and 10% said daily.

  • Employment Trends Index up 1.38% in February

    New York City -- The Conference Board reported Monday that its Employment Trends Index increased 1.38% in February to 107.46, from the revised figure of 105.99 in January.

    The February figure is also up 6.1% from the same month a year ago.

  • Research: Boomers and Gen Y divided on retail sensory experiences

    Boston -- New research released by Brodeur Partners uncovered that Baby Boomers and Generation Y’ers think differently about the shopping experience.

    According to The Brodeur Partners’ Retail Relevance Study, Boomers see the ideal shopping experience as getting a good deal on a decent product. For Gen Y, it’s more about a stimulating, sensual, “sharable” experience.

  • High Gas Prices + Warm Weather = Low Sales?

    Well, 2012 is certainly off to a wild start. While there’s been nothing quite as dramatic and earth shattering as last year’s tsunami in Japan, there are plenty of global events and outside influences affecting our industry. I’m talking about the increases we’re seeing at the gas pumps and the warmer-than-average winter we’ve been experiencing throughout the country.

  • Market Track: February 2012

    Overall, February witnessed a year-over-year decline in total flyer circulation per market as well as pages per market. Conversely, the biggest change in this month was witnessed by Walmart, which saw a considerable jump in flyer circulation as well as the number of pages. This dramatic increase of 122% increase in flyer drop was mainly due to the two extra flyers dropped in the second and fourth week of February this year unlike the previous year.

  • Williams-Sonoma puts 2011 to bed with higher profits

    SAN FRANCISCO — Williams-Sonoma ended fiscal 2011 with revenue and earnings growth in its fourth quarter. The company reported that net revenues for the fourth quarter of 2011 increased 6.1% to $1.3 billion versus $1.2 billion in the fourth quarter of 2010. The company reported diluted earnings per share on a GAAP basis of $1.17 compared with $1.05 for the same period last year.

  • Walmart falls in the middle of most admired, but does it matter?

    Fortune is out with its list of the “50 Most Admired Companies,” and Walmart landed at number 24, which is only a big deal if you buy into the notion espoused by those who compiled the list that it is the definitive report card on corporate reputations.

    It is not, at least as far as retailers are concerned for the simple reason the methodology doesn’t take into account the views of shoppers whose perceptions of retail companies matter far more than the folks Fortune surveyed to arrive at their most admired ranking.

  • Institute aims to keep Walmart honest on sustainability front

    Walmart is guilty of greenwashing to enhance it corporate reputation, and it would take the company three centuries at the current pace to reach its goal of being supplied 100% by renewable energy, according to a group critical of Walmart sustainability efforts that others have lauded.

  • It’s all relative on the global stage

    Walmart president and CEO Mike Duke frequently asserts no other global retailer is better positioned than Walmart, and it is easy to see why he holds that view especially when compared with the situation at the world’s second largest retailer.

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