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Consumer Analytics

  • Deloitte Consumer Spending Index rises in May

    New York – Improvements in real home prices, initial unemployment claims and real wages drove an increase in the Deloitte Consumer Spending Index last month. The Index, which comprises four components of tax burden, initial unemployment claims, real wages and real home prices, rose slightly in May to 4.27 from a reading of 4.12 the previous month.

  • Retail loyalty programs bloom

    Cincinnati -- Retail loyalty programs have seen some impressive growth since 2011, according to results of the latest Colloquy Loyalty Census. In 2013, department stores achieved 70% growth in loyalty program memberships since the 2011 Colloquy Census, far surpassing the 26.7% rate of growth in loyalty programs across all sectors tabulated in the 2013 census. The number of department store loyalty memberships is 193.9 million.

  • Solar-powered Eco Gym to Chicago’s North Shore

    Glenview, Ill. -- Eco Gym will open an 8,300-sq.-ft. solar- and human-powered health club at Glenbrook Market Place in Glenview, Ill., a North Shore suburb of Chicago, according to Mid-America Asset Management Inc., the landlord’s representative.

    The fitness center, Eco Gym’s second, will use a combination of human kinetic power and solar power to generate electricity for its equipment. As members use the equipment, they generate more power to the central power grid, which lowers monthly dues.

     

  • RSR Research: Multiple channels produce profits

    Walnut Creek, Calif. – A new study from RSR Research concludes that retailers offering multiple selling channels connect more with consumers and are more profitable than retailers operating a single channel. Virtually every cross-channel selling tactic is being employed by retailers more this year than in 2012, with particularly strong growth in mobile.

  • Container Store launches upgraded mobile with Usablenet

    Coppell, Texas -- The Container Store has launched an upgraded mobile web experience in partnership with mobile and multichannel technology provider Usablenet.

    The refreshed site was designed to give users a seamless, innovative next-generation mobile shopping experience.

  • Survey: Most dads want mobile offer alerts

    San Francisco -- A new U.S. study conducted online by Harris Interactive and commissioned by Placecast showed that fathers use their mobile phones to save money.

    The Wave IV poll in the Alert Shopper series of research revealed that 58% of American dads with smartphones said they had taken action on a promotion or coupon received on their phones, outpacing moms and those without kids.
     

  • HSN Breaks Channel Barriers

    HSN may have been a pioneer in using TV as a shopping channel, but the retailer is using emerging technology to become a much broader enterprise. As HSN CEO Mindy Grossman detailed during a keynote session at last week’s Internet Retailer conference in Chicago, this is not your mother’s HSN. Not by a long shot.

    “We’re engaging consumers away from TV,” said Grossman. “There is a dramatic transformation of the consumer. They are being reshaped by technology, social networks and mobility.”

  • U.S. May retail sales rose more than expected

    Washington, D.C. -- A report released Thursday by the Commerce Dept. said that retail sales in the U.S. gained 0.6% in May, more than forecast and likely boosted by increased hiring during the month.

    The increase was the largest in three months and followed a 0.1% advance in April. Bloomberg economists called for a 0.4% increase. The figures used to calculate economic growth, which exclude categories such as automobiles, climbed 0.3%.

  • New VP of e-commerce for Shoe Carnival

    EVANSVILLE, Ind. — Shoe Carnival has appointed Kent Zimmerman as VP of e-commerce. Zimmerman will oversee the company’s e-commerce and omnichannel strategies.

  • Target increases dividend by 19.4%

    Minneapolis -- The Target board of directors demonstrated confidence in the company’s cash generating capabilities on Wednesday and agreed to up the company’s quarterly dividend 19% to 43 cents a share.
     
    The hefty increase ups the annual payout to $1.72 and moves the company closer to a long-term commitment to increase the full-year dividend amount to $3 by 2017. In addition, the company has established a target of growing earnings per share to $8 over the same time frame, up from $4.26 last year.

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