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  • Construction spending drops between July and August, but ahead of last year

    New York -- Data released Monday by the Associated General Contractors of America revealed that construction spending declined between July and August to an annualized rate of $837 billion, but increased compared with August 2011 driven largely by growing demand for residential, lodging and education construction.

  • Citigroup research: Holiday digital sales to grow at least 20%

    New York -- Research released Monday by Citigroup and published by Wall Street Journal’s MarketWatch found that digital sales for the holiday 2012 shopping season are expected to increase at least 20%, thanks to two additional shopping days and amped-up retail marketing efforts.

  • Spoiler alert: Walmart’s prices lowest to varying degrees

    Pricing studies conducted this week by Wall Street analysts yielded familiar results.

    Deutsche Bank analyst Charles Grom and Citigroup analyst Deb Weinswig issued reports this week comparing Walmart’s prices to dollar stores and conventional supermarkets and Target.

  • Whirlpool tops in customer satisfaction

    BENTON HARBOR, Mich. — Whirlpool took the top spot amongst major appliance companies in the 2012 annual American Customer Satisfaction Index (ACSI). Whirlpool Corporation has led or tied for first place each year since 1996.

  • Rubbermaid offers new scrubbers and plungers

    Newell Rubbermaid, a marketer of consumer and commercial products, has announced the introduction of Rubbermaid Bathroom Scrubbers and the Rubbermaid Clean & Dry Plunger.

    Rubbermaid Bathroom Scrubbers provide four tools including the Spray Scrubber, Extendable Scrubber, Flexible Scrub Brush and 2-in-1 Scrubber.

    A variety of switchable pads are available including Scour, Sponge, Bristle and Disposable Pads.

  • Oracle survey highlights need to equip stores associates with better information

    Redwood Shores, Calif. -- Convenient access to the information that drives purchase decisions is the main reason shoppers go online, according to a new survey conducted by the e-tailing group and sponsored by Oracle. Eighty-one percent of the respondents said that ease of research and comparison shopping were the top reasons they shop online. And increasingly, they are doing it across product categories, including staples. Seventy-five percent research tech purchases online before deciding to buy, and 50% said they do the same for commodity products.

  • Fear not, Halloween sales won’t be scary

    The outlook for Christmas spending is decent and Halloween is supposed to be pretty good too.

  • Holiday sales to grow as much as 4%

    Deloitte is forecasting holiday sales will increase between 3.5% and 4% as the economy's health and the presidential election take center stage among consumers this fall.

    Despite some distractions this year, retailers should expect a modest increase in 2012 holiday sales, according to Deloitte’s annual holiday forecast release Tuesday morning.

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