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Research Topic

  • CSA to select ‘Top Redevelopers’ for 11th-annual listing

    New York -- Chain Store Age magazine is accepting nominations for its 11th annual “Top Redevelopers” listing, which recognizes shopping center owners and developers’ retail redevelopment efforts over the last 12 months. Selections will be based on square footage redeveloped between June 30, 2014 and June 30, 2015, financial investment, and project significance.

  • Survey: More than half of smartphone users have this OS

    Pittsburgh – Retailers wondering which smartphone operating systems they should support with their mobile and omnichannel programs can reach more than half of all users with a single OS.

    In the second quarter of 2015, 52% of all smartphone shoppers used iOS 8, according to the Branding Brand Mobile Commerce Index. iOS 8 also generated 56% of all smartphone revenue in second quarter 2015.

  • Canadian department store to expand across country

    Quebec -- The Quebec City-based Simons department store chains is planning to extend its brand across Canada, according to Canada’s Global News.

    The 175-year-old Canadian retailer - plans to spend up to $200 million over the next four years on its expansion plan, which will result in eight additional stores openings across the country, the report said.

  • Gallup: Consumers say ‘meh’ to digital wallets

    Washington, D.C. – Despite all the hype surrounding Apple Pay and other digital wallet solutions, so far consumer response to the digital wallet phenomenon has been one big shrug of the shoulders.

    Gallup analysis shows that only 13% of U.S. adults with a smartphone have a digital wallet on their device.

  • Green, Hoffman partner to focus on integrated mixed-use project feasibility

    Phoenix -- Jeff Green, president of Jeff Green Partners, and Jerry Hoffman, president of Hoffman Strategy Group, have announced a formal collaboration to expand their companies’ work on complex, mixed-use feasibility research including retail, residential, office and hotel uses.

  • Retail Payments: Consumer Control & Need for Speed

    When it comes to payments, times are changing. Fast. Retailers find themselves in an uncertain world: after a few rough years of data breaches, theft, and fraud, retailers are already feeling pretty beat up. But despite a resulting emphasis on data security and privacy, retailers find they have no room to pause while they secure their enterprises as tightly as they would like. Consumers are moving fast, and retailers must keep up.

  • Gap Inc. still struggling with sales declines

    Gap Inc. continues to suffer from a lack of traffic to its stores and Web site, but the sales decline abated somewhat in June.

  • PriceSmart Q3 profits stay flat

    San Diego – Net income at warehouse club retailer PriceSmart Inc. stayed essentially flat at $21.2 million during the third quarter of fiscal 2015, compared to $21.3 million in the prior year period. Meanwhile, total revenues rose 13% to $697.1 million, from to $615 million.

    Higher income taxes kept PriceSmart’s profits flat even as rising export sales and membership income boosted total revenues. Same-store sales increased 4% during June 2015, compared to the same month in the previous year.
     

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