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Research Topic

  • Survey: Bargain shoppers reshape grocery experience

    San Francisco -- A new study released Thursday by MarketTools found that 63% of shoppers say they have changed their shopping habits in the past six months, with the majority reporting changes to seek more value.

    According to the study, to save money on grocery bills, respondents reported that they buy items with coupons (80%); buy store brands instead of name brands (62%); use store loyalty cards that offer discounts (62%); buy items only when they are on sale (58%); and buy more large-sized products (43%).

  • And now this programming note

    Plenty of televisions in Northwest Arkansas will be tuned to CNBC the evening of April 26. That’s when the financial news network airs a one-hour special called, “The Costco Craze: Inside the Warehouse Giant.”

    CNBC has turned its cameras on Walmart in the past, twice actually, and more recently Best Buy and Target. Previews for the show on Costco promise to uncover the science and secrets behind the Costco craze.

  • TGT’s saw March comps surprise despite uptick in ad activity

    Target’s promotional cadence increased in March, but it was nothing compared with the ramp up in activity at Walmart and Toys“R”Us. To check out Market Track’s monthly review of top retailers’ promotional efforts, click here

     

     

  • Retail container traffic to increase 3.2% in April

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to increase 3.2% in April compared with the same month last year, and year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

    “Retailers are continuing to watch rising gas prices, but job gains and other indicators show the economy is strengthening,” NRF VP for supply chain and customs policy Jonathan Gold said.

  • Tuesday Morning sales fall in Q3

    Dallas -- Tuesday Morning Corp. reported Tuesday that same-store sales for the quarter ended Mar. 31 dropped 3.2% on spending and traffic decreases.

    According to the discount retailer, traffic dipped 1.8% for the third quarter and average tickets fell 1.4%. Total revenue edged down 1% to $172.7 million, compared with $174.3 million in the year-ago period.
     

  • Market Track: March 2012

    In March there was a decline in the number of circulars overall, however, pages per flyer increased. The increase in pages was primarily due to a significant increase in Walmart and Toys"R"Us page counts. Much of the promotional activity was driven by Easter falling earlier in April as compared to 2011.

    Walmart distributed an additional four-page flyer in the week of 3/11/2012; they also circulated two flyers instead one in most of the markets in the week of 3/4/2012. These additional flyers accounted for the increase total pages as compared with last year.

  • First Data report: Card spending growth stable in March

    Atlanta -- A report released Tuesday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, found that warm weather and spring promotions boosted discretionary spending in March.

    According to First Data’s March 2012 SpendTrend report, year-over-year dollar volume growth was 8.7% in March, compared with February’s 8.9% growth.

  • Report: U.S. strip-mall vacancy rate declines

    New York -- The average vacancy rate at strip malls across the United States edged down for the first time in nearly seven years in the first quarter, falling to 10.9% from 11% in the prior quarter, according to preliminary data by real-estate research company Reis Inc., Reuters reported. It was the first decline in nearly seven years.

    But the firm warned consumer spending is still not strong enough to lift retail real estate out of its slump.

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