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  • Cold January for some retailers

    New York -- Snowstorms and bitterly cold weather took a bite out of sales for some retailers in January. One of the retailers feeling the chill was Fred’s, which posted a 1.8% decline in January same-store sales.

    "The weather was a significant challenge for us in January," said CEO Bruce Efird, who added that it disrupted shopping patterns, but also resulted in “more than 120 store closings during the final week of the month."

  • Walgreens January sales grow 3.7%

    Deerfield Park, Ill. - Walgreens had January 2014 sales of $6.39 billion, an increase of 3.7% from $6.17 billion for the same month in fiscal 2013. Same-store sales grew 2.9%.

    Calendar day shifts negatively impacted total comparable sales by 0.3 percentage point, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.9 percentage point. Walgreens opened 12 stores during January, including three relocations, and closed three.

     

  • Dunkin’ Donuts tops Brand Keys loyalty index

    Canton, Mass. -- For the eighth consecutive year, Dunkin' Donuts has been ranked number one in customer loyalty in the coffee category by the Brand Keys Customer Loyalty Engagement Index. Dunkin' Donuts was also ranked number one in customer loyalty in the packaged coffee category for the second consecutive year.

  • San Antonio and Seattle top Amazon’s romantic list

    Amazon did a bit of Valentine’s Day data mining of sales of romance novels and sexy music to come up with its fifth annual list of the nation’s top 20 romantic cities. And people are worried about the NSA’s activities?

  • NRF: Fewer consumers celebrate Valentine’s Day, spend more

    Washington, D.C. – Fewer U.S. consumers will celebrate Valentine’s Day this year, but will spend a little more than last year. According to the National Retail Federation’s 2014 Valentine’s Day spending survey conducted by Prosper Insights and Analytics, 54% of Americans will celebrate with their loved ones in 2014, compared to 60% in 2013.

    The average person plans to spend $133.91 on candy, cards, gifts, dinner and more, up slightly from $130.97 last year. Total spending is expected to reach $17.3 billion.

  • Consumers won’t splurge on Cupid this Valentine’s Day

    On the heels of a healthy yet modest holiday shopping season, cautious consumers aren’t quite ready to splurge on Valentine’s Day this year, continuing to keep their budgets in check.

  • Unilever looks at the evolution of beauty

    Unilever U.S. has teamed up with the Fashion Institute of Technology’s Cosmetics and Fragrance Marketing and Management master's degree program to explore “the changing face of the beauty consumer.”

  • Digital Future director predicts Facebook decline

    Facebook just reported record levels of user engagement along with fourth quarter sales and profits that blew away forecasts, but a new study offers a more measured view of the social media network’s longer term prospects.

    The director of the USC Annenberg Center for the Digital Future Jeffrey Coles and the research firm Bovitz conducted a survey last fall in which one third of respondents said they will be using Facebook less in five years.

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