Research Topic

San Jose – Brick-and-mortar retail sales soared during this past spring, according to new metrics from RetailNext. Using its in-store analytics platform to collect metrics on millions of shopping trips to department stores and specialty retailers nationwide, RetailNext studied and released its analysis of traffic, conversion, sales, and average transaction values (ATV) for the spring season, including the four holidays of Easter, Mother’s Day, Memorial Day and Father’s Day, as well as the days leading up to Father’s Day and Easter Sunday.

MOUNTAIN VIEW, Calif. — When one thinks of space exploration and space travel, Paypal is hardly the first thing that comes to mind. But the eBay company is spearheading an initiative that is paving the way for space commerce.

With the help of the SETI Institute and the Space Tourism Society, PayPal Galactic aims to make universal space payments a reality. Paypal president David Marcus was joined by astronaut and author Buzz Aldrin to announce the initiative’s launch. 

Toano, Va. – Boston-based class action law firm Block & Leviton said it is investigating claims that Lumber Liquidators Holdings sold floors to consumers with illegal levels of formaldehyde. Independent testing conducted at two different IAS-certified laboratories has reportedly revealed formaldehyde levels as high 0.17 ppm, three-and-a-half times the government mandated maximum emission level, in Mayflower flooring.

Sales in the convenience store industry advanced 2.7% during 2012, well below a prior year gain of 18.5%, as meaningful economic growth hampered results.

Washington, D.C. – A sizable majority of American consumers oppose efforts by the government to impose limits on the size of soft drinks and other sugary beverages sold in restaurants, according to results of a new Gallup poll. Sixty-nine percent of 1,015 consumers ages 18 and older said they would vote against a law limiting the size of sugary beverages to 16 oz.

Annual study tracks cost of building and outftting stores

The cost of building and outfitting stores is on the rise, according to Chain Store Age's 2013 Store Construction and Outfitting Survey.

Seattle – Starbucks has enacted small increases in the prices of less than one-third of its beverages in select markets. The increases, which average about 1%, affect smaller sizes of brewed coffee, tea, latte and espresso drinks. Larger venti- and grande-sized drinks will not have their prices changed.

New York - A report released by Bloomberg on Tuesday said that confidence among American consumers in June surpassed expectations, climbing to the highest level in more than five years.

The Conference Board’s index rose to 81.4, beating Bloomberg forecasts of 75.1 and reaching the highest point since January 2008. The index reached 74.3 in May.