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  • Survey finds 54% of U.S. shoppers enjoy grocery shopping, up from 41% in 2011

    New York -- Most shoppers now actually like to grocery shop, according to research from Acosta Sales & Marketing, full-service sales and marketing agency. The company’s “The Why? Behind the Buy” report finds that 54% of total U.S. shoppers say they enjoy grocery shopping, up from 41% in 2011.

  • Placeable: Online holiday sales to grow 15%

    Denver - Location marketing provider Placeable is predicting that online sales will grow by more than 15% during the 2014 holiday season, compared to the same period the prior year, more than tripling the anticipated 4%-5% growth rate for overall holiday sales. However, Placeable expects more than 90% of holiday sales to take place in brick-and-mortar stores, with 58% of consumers shopping at a national retailer they normally don’t visit.

    Other Placeable predictions for the 2014 holiday season include:

  • Rite Aid sales climb in September

    Rite Aid reported $2 billion in sales for the four weeks ended Sept. 27, representing a 4.5% increase over the comparable year-ago period.
     
    Same-store sales increased 5.1% over the prior-year period, including a 2.3% lift in front-end same-store sales and growth of 6.3% in pharmacy comparable sales. Pharmacy same-store sales included an approximate 225 basis points negative impact from new generic introductions. Prescription count at comparable stores increased 4.4% over the prior-year period.
     

  • Survey finds popularity of Black Friday/Cyber Monday shopping weekend on rise

    Ann Arbor, Mich. -- Shoppers are planning to spend less money and purchase gifts for fewer people this holiday season compared to last year, while also maximizing their budgets through Black Friday and Cyber Monday sales and online cost comparison, according to the CFI Group 2014 Holiday Retail Spending Report: Black Friday is Back.  

  • Twitter investing $10 million to fund social media lab at MIT

    New York -- Twitter is giving over every message ever tweeted to the data scientists at the Massachusetts Institute of Technology’s famed Media Lab. The social media giant is also giving $10 million (over five years) to fund the new Laboratory for Social Machines (LSM), which will be based at the Media Lab.

  • Honeywell survey: Consumers very worried about credit card security

    Fort Mill, S.C. -- The security of credit and debit card information is a bigger concern for consumers (93%) than their health (84%), retirement savings (81%) or losing their cell phone (63%), according to a new consumer trust survey from Honeywell. 

  • Panjiva: U.S. imports rise in August

    New York - Imports to the U.S. were up in August from July, and there was a measurable year-over-year increase. According to a new report from supply chain research firm Panjiva, imports in August 2014 were 4% higher than imports the same month the prior year.

  • Study: Deal sites could save consumers $5 billion during holidays

    Austin, Texas - Based on previous savings experienced during the holiday season in 2013 and projected industry growth in 2014, U.S. shoppers have the opportunity to save more than $5 billion dollars by using deal and offer websites during the upcoming holiday season. According to a new study from RetailMeNot and Dr. Jason Abrevaya, Ph.D., economics department chair at the University of Texas at Austin, consumers have the potential to save more than $200 an hour while using RetailMeNot.com, or $34 in 10 minutes.

  • Twitter to fund social media lab at MIT

    Twitter is giving over every message ever tweeted to the data scientists at the Massachusetts Institute of Technology’s famed Media Lab. The social media giant is also giving $10 million (throughout a five-year period) to fund the new Laboratory for Social Machines (LSM), which will be based at the Media Lab.

    The new initiative aims to build new tools that will analyze and enable communication on social platforms. Twitter will provide full access to its real-time, public stream of tweets, as well as the archive of every tweet dating back to the first.  

  • California becomes first state to ban single-use plastic bags

    New York -- It’s official: California Governor Jerry Brown on Tuesday signed legislation for the nation's first statewide ban on single-use plastic bags at supermarkets, drug stores and select other retail outlets.

    "This bill is a step in the right direction — it reduces the torrent of plastic polluting our beaches, parks and even the vast ocean itself," Brown said in a signing statement. "We're the first to ban these bags, and we won't be the last."

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