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  • Study: Retailers not engaging mobile shoppers

    New York City -- While 43% of smartphone owners have installed and used a retailer's app, only 14% of those who installed them say the app led to a purchase decision, according to the most recent Retrevo Pulse Study, an ongoing study of tech industry trends conducted for the consumer electronics shopping and review site.

  • SymphonyIRI: Budget grinch will restrict most holiday budgets

    CHICAGO — As many as 71% of consumers earning less than $100,000 per year are planning to trim back their spending this holiday season, according to new research, “Holiday Shopping 2011,” released Tuesday by SymphonyIRI Group.

  • Doug, Duncan, Matt, Mike, Pam, Stephen and John on CRE agenda

    It looks like there are going to be some unhappy folks in Walmart’s supplier community later today. That’s because there are only a few seats remaining for the Emerging Trends in Retail conference that is organized each fall by the Center for Retail Excellence in the Sam M. Walton College of Business at the University of Arkansas.

  • Retail crime cost U.S. retailers $41.7 billion in 2011

    PHILADELPHIA — Shoplifting, employee or supplier fraud, organized retail crime and administrative errors cost the retail industry $41.7 billion in the United States in 2011, representing 1.6% in sales, according to the Global Retail Theft Barometer released Tuesday by Checkpoint Systems. Of that, $18.4 billion was attributed to employee theft, $14.9 billion to shoplifters, $6.6 billion to internal error and $1.8 billion to suppliers.

  • More consumers to use mobile devices to comparison shop this holiday season

    WASHINGTON — It looks like this year's holiday shoppers have a renewed focus on value and will comparison shop by utilizing smartphones, tablets and mobile applications to make purchasing decisions, according to the latest National Retail Federation Survey.

  • GMA adds health and nutrition talent

    WASHINGTON — The Grocery Manufacturers Association has named Robert Burns, Ph.D., as VP health and nutrition policy. Burns was most recently owner of Nutrition Implications, a consulting firm focused on helping companies develop strategic approaches to nutrition and health, including engagement with external stakeholders and development of research and communications initiatives.

  • More consumers to use mobile devices to comparison shop this holiday season

    WASHINGTON — It looks like this year's holiday shoppers have a renewed focus on value and will comparison shop by utilizing smartphones, tablets and mobile applications to make purchasing decisions, according to the latest National Retail Federation Survey.

  • Deloitte Consumer Spending Index plunges on falling home prices, wages

    NEW YORK — Deloitte Monday released some disappointing news for retailers who were hoping that consumer spending might get a boost in the months leading up to the holiday season. The Deloitte Consumer Spending Index (Index) plunged in September to its lowest level since May 2009, primarily due to a significant fall in home prices and deterioration in real wages.

    The Index, which comprises four components — tax burden, initial unemployment claims, real wages, and real home prices — fell to 2.39 from 2.51 the previous month. 

  • Pricing pressure looms for Target as Walmart gets mojo back

    Competing with Walmart is nothing new for Target, but what appears to be different this holiday season compared with the last few years is, to borrow a football metaphor, Walmart has eliminated its turnovers and is now showing some signs of momentum.

    At least that’s what the retailer told financial analysts gathered in Northwest Arkansas last week for an all-day meeting. 

  • RILA opposed to national sales tax; would stunt consumer spending

    Arlington, Va. -- With the presidential campaign in full swing and discussion of a new national sales tax as a component to tax reform being discussed, the Retail Industry Leaders Association (RILA) reiterated the strong opposition of the retail community to any sort of national sales tax or Value Added Tax (VAT).

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