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Consumer Analytics

  • Promotional activity contributing to comps

    Walmart in May continued its heightened level of advertising activity, hitting the market with an increased number of circulars that contained more pages. For a look at how Walmart’s promotional activity stacked up to other leading retailers, click here to see the last monthly data from Market Track.



     

  • Report: Consumer prices fall in May by most in 3 years

    Washington, D.C. -- A report released by the Labor Department on Thursday showed that the cost of living in the U.S. dropped in May by the most in three years.

    The consumer-price index declined 0.3%, more than forecast and the biggest drop since December 2008, after no change the prior month.

    Economists projected a 0.2% decrease, according to the median estimate in a Bloomberg News survey. The core measure, which excludes food and energy costs, increased 0.2% for a third month.

  • Loyalty Cards: A Competitive Weakness for World’s Largest Grocer?

    By Jundong Song, [email protected]

    Wal-Mart, the largest grocer in the world, does not run any traditional loyalty programs to enroll and reward customers for their loyalty. Will this prove to be a costly mistake?

    Giving competitors an edge

  • IBM completes acquisition of Tealeaf Technology

    Armonk, N.Y. -- IBM announced it has completed its acquisition of Tealeaf Technology, a provider of digital customer experience management and customer behavior analysis solutions.

    The acquisition extends IBM’s Smarter Commerce initiative with qualitative analytics software that helps organizations deliver an optimal digital experience to their customers via the web and mobile devices.

  • First Data: May card spending healthy

    Atlanta -- A report released Monday by First Data Corp. found that same-store consumer spending by credit, signature debit, PIN debit, EPT cards and checks at U.S. retail locations rose 7% year-over-year. April’s growth was 5.7%.

    The First Data SpendTrend analysis for the full month of May 2012 showed that, although consumers continued to spend at a healthy clip early in the month, activity did slow as the month progressed. Transaction growth in May held fairly steady at 5.9%.

  • Home Depot will defend its lead in power tools

    Speaking at The Home Depot’s 2012 Investor and Analyst Conference in Atlanta, Home Depot EVP merchandising Craig Menear revved up the power tool rhetoric.

    Menear said the company intends to defend its position as power tool market share leader.

    He also described power tools as a category with a relatively high vulnerability to online competitors. One of the best defenses is a large fleet.

  • Rite Aid comps increase 1.1% in May

    CAMP HILL, Pa. — Rite Aid's same-store sales increased by 1.1% in May, a lower-than-expected increase that may be due to underlying economic and industry factors.

    The results for the five weeks ended June 2 included a 1.3% increase in front-end comps and a 1% increase in pharmacy sales over May 2011. Same-store prescription count increased 2.6%. Total drug store sales for the period increased 0.3% to nearly $2.5 billion, compared with $2.45 billion in May 2011.

  • ShopperTrak: May 2012

    Total U.S. shopper traffic in retail stores and malls for May 2012

    Retailers saw an uptick in foot traffic last month, a welcome change of pace after a slow April. May retail foot traffic increased 1.6% over the previous month. Two holidays in May, Mother’s Day and Memorial Day, drove the increase, but they weren’t enough to outpace the same period last year.

  • Lululemon 1Q profit rises 40%, outlook disappoints

    Vancouver, BC, Canada -- Lululemon Athletic Inc. reported Thursday that profit for the fiscal first quarter surged 40% to $46.4 million, compared with $33.4 million last year, but lowered second quarter and full-year forecasts have alarmed investors.

    Revenue for the quarter surged 53% to $285.7 million, beating Wall Street’s expected $274 million, and same-store sales rose 25%. Online sales nearly tripled in the quarter.

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