Research Topic

Atlanta -- According to a report released Thursday by First Data Corp., the prepaid gift-card market has remained healthy during the first half of 2011, despite a sluggish economy.

The 2011 Midyear Gift Card update showed that the gift card market experienced a higher rate of growth than U.S. consumer spending.

New York City -- A report released Thursday by Bloomberg said that consumer confidence in the United States slumped last week to the second-lowest level on record.

The Bloomberg Consumer Comfort Index dropped to minus 53 in the period ended Sept. 25 from minus 52.1 the prior week. Similar readings were reached three times in the first half of 2009 and surpassed only by all-time lows of minus 54 plumbed in November 2008 and again in January 2009.

WASHINGTON — Halloween will be a popular holiday this year, according to the National Retail Federation, as more consumers this year are expected to partake in traditional festivities. 

MORRISVILLE, N.C. — Macy’s and  JCPenney rank as the nation’s top “local” advertisers, according to a new report from RSR Research. The study, “The Local Approach: The State of Localized Advertising in Retail,” finds most major retailers are missing huge opportunities to drive store traffic through localized digital advertising campaigns.

MATTHEWS, N.C. — Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations. The discounter also reported that its fiscal fourth-quarter net income rose 8%.

“In fiscal 2012, we intend to accelerate investments to drive sales and profitability,” said Howard Levine, chairman and CEO.

Washington, D.C. -- Halloween celebrations will be booming this year as more people than ever are expected to partake in traditional festivities. According to NRF’s 2011 Halloween Consumer Intentions and Actions Survey conducted by BIGresearch, seven in 10 Americans (68.6%) plan to celebrate Halloween, up from 63.8% last year and the most in NRF’s 10-year survey history.

London -- Across Europe, it is men who are driving the charge into Internet shopping, according to a new study by CB Richard Ellis (CBRE). The report, released at the World Retail Congress in Berlin, finds that while women have driven in-store shopping, men shop nearly twice as often online as women (buying once every 2.5 weeks versus once a month).

Among the key findings:

Matthews, N.C. -- Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations. The discounter also reported that its fiscal fourth-quarter net income rose 8%.

“In fiscal 2012, we intend to accelerate investments to drive sales and profitability,” said Howard Levine, chairman and CEO.

MOORESVILLE, N.C. — Lowe's announced that for the 2011 to 2012 school year it will donate more than $4 million to support education. 

Through its Lowe's Charitable and Educational Foundation, the company is providing funds for school systems across America through Lowe’s Toolbox for Education grants; Teach for America; Project L.I.F.T; Hispanic Scholarship Fund; Thurgood Marshall College Fund; Lowe’s Scholarships and Carl Buchan Scholarships.

Morrisville, N.C. -- Macy’s and  J.C. Penney Co. rank as the nation’s top “local” advertisers, according to a new report from RSR Research. The study, “The Local Approach: The State of Localized Advertising in Retail,” finds most major retailers are missing huge opportunities to drive store traffic through localized digital advertising campaigns.