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Mass Merchant

  • Consumers opening their wallets for Mother's Day

    Eighty-eight percent of consumers plan to celebrate Mother’s Day 2016 and clothing is this year’s big winner.

    That’s according to the annual Brand Keys Mother’s Day survey, which found that consumers intend to spend on average $205.00 this year, up 6% over 2015.

    Men, following a long-standing tradition, intend to spend more than women, reporting an anticipated average spend of $228. Women reported an anticipated spend of $182.

  • No big frenzy for Target’s newest designer collection

    Target Corp.’s latest limited-edition collaboration, with the Finnish brand Marimekko, was not a bust, but it also didn’t spark the excitement and shopping frenzy that marked the launch of the retailer’s previous exclusive collections — particularly its past partnerships with Missoni and Lily Putlizer.

  • Meijer CEO talks expansion

    Meijer has plans to open stores in Michigan's Upper Peninsula, Cleveland and Minneapolis during the next five years, reported MLive.com. "We see Cleveland as the next city to go to," said CEO Hank Meijer, with the first stores opening in 2018 or 2019, the report continued. [MLive.com]

  • Survey: Which direction is CPG spending heading?

    Consumers are taking stock of their financial health and how it will affect their decisions to make CPG purchases in the coming months.

    According to the new first quarter 2016 IRI Consumer Connect survey, 67% of respondents feel their financial health will improve in the next six months. As a result, CPG spending will generally improve, but shoppers have some specific needs and wants to fulfill.

  • Amazon makes Prime more accessible

    Consumers who want free two-day shipping of their Amazon.com orders but don’t want to make an upfront commitment have a new option.

    Amazon is now making Prime membership available to U.S. customers on a month-by-month basis for $10.99 per month. Previously, Prime had only been available for $99 per year, which breaks down to $8.25 per month.

  • Google makes mobile move ahead of holidays

    Retailers will have a new friction-free way to convert shoppers into buyers this holiday season as Google expects buy button functionality piloted last year to be broadly available by the fourth quarter.

  • Report: Retailers lining up for Sports Authority assets

    Dick’s Sporting Goods and Academy Sports + Outdoors have submitted letters of interest to buy some of the assets of Sports Authority Inc. that will go on the block in a bankruptcy auction, according to Reuters.

    Modells Sporting Goods is also reportedly interested in some of the assets of the chain, which filed for Chapter 11 bankruptcy protection in early March.

  • Regency Centers makes big solar commitment

    Regency Centers, in partnership with SoCore Energy and several of its retail partners, is outfitting two of its shopping centers in California with solar photovoltaic systems.

    Regency announced the installation of over 750 KW of rooftop solar photovoltaic systems at Persimmon Place, in Dublin, and East Washington Place in Petaluma. Combined, the systems include approximately 2,500 modules and are expected to produce over 1,200,000 kilowatt hours of clean and renewable electricity each year.

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