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Consumer Attitudes & Behavior

  • iPad, pretzel M&Ms among most memorable product launches

    BOSTON - A recent survey regarding memorable product launches in 2010 found that -- not surprisingly -- the Apple iPad secured the number-one spot. At number two was Windows 7, followed by Pretzel M&Ms at number three, Motorola Droid at number four and McDonald's Smoothies rounding out the top five.

  • U.S. retail sales rise in November

    Washington, D.C. -- Tuesday’s report by the U.S. Department of Commerce showed a fifth straight month of sales gains in November for U.S. retailers. Monthly retail sales figures for November were up 0.8% over October and 7.7% over November 2009.

    Retail sales excluding auto sales were up 1.2% over the previous month and 6.7% over November 2009.

    Department stores were the big November winners, recording the biggest sales rise in two years of 2.8%.

  • Online holiday spending nears $22 billion mark

    Reston, Va. - comScore reported holiday season retail e-commerce spending for the first 40 days of the November – December 2010 holiday season at more than $21.95 billion, up 12%  versus the corresponding days last year. The most recent week (week ending Dec. 10) reached $5.15 billion in spending, an increase of 11% versus the corresponding week last year, as two individual days each surpassed $900 million.

  • NRF urges Senate to support extension of Bush cuts

    WASHINGTON - The National Retail Federation announced that it has urged the Senate to support legislation extending Bush era tax cuts that is scheduled for a procedural vote today, saying the measure would help preserve and create jobs.

  • Survey finds Macy's tops in international recognition

    NEW YORK - Macy's announced that it was found to be the number one department store retailer in the United States, according to a survey of international visitors by Mandala Research.

  • Kronos Retail Labor Index shows dramatic increase in last-minute holiday hiring

    Chelmsford, Mass. -- Kronos announced the December release of the Kronos Retail Labor Index, analyzing the relationship between the demand and supply sides of the labor market within the U.S. retail sector.

    The December report, which includes data for November 2010, showed that the Index increased significantly to 3.8%, a 28% increase over last month’s figure of 3.0%.  (A level of 3.0% means that for every 100 applications received, three hirings occurred.)

  • Survey: Holiday credit-card use drops to new low

    New York City -- A survey released Friday by America’s Research Group found that after the Thanksgiving shopping weekend, just 17% of shoppers were paying with credit, representing about half of last year’s level and the lowest rate in the 27 years that the firm has conducted the survey.

    “The consumer really feels a lot of pressure from previous debts, and they just aren’t going to dig themselves into that kind of hole,” said Britt Beemer, CEO, of America’s Research Group.

  • First Data: Average ticket up in November

    New York City -- After five consecutive months of year-over-year declines, overall average tickets grew 0.4% in November, after declining 1.7% in October, according to  First Data. The company’s SpendTrend analysis for November 2010 includes same-store consumer spending via credit, signature debit, PIN debit and EBT cards at U.S. merchant locations, which are compared with November 2009.

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