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Consumer Analytics

  • Walgreens sales fall 2.1% in October

    Deerfield, Ill. -- Walgreens on Monday reported October sales of $6 billion, down 2.1% compared with October 2011. The results include the brunt of the impact from Hurricane Sandy — at the peak of the storm, approximately 750 of 1,400 stores in the impacted area were closed, Walgreens said. Nearly all of those locations have since reopened.

    Total same-store sales were down 5.9%.

  • Macy’s stores to open midnight on Black Friday

    New York -- For the second year in a row, Macy’s stores nationwide will open at midnight on Black Friday, Friday, Nov. 23.

    A new Black Friday feature on Macy’s mobile app will help customers browse and shop for specials specific to their local store.

  • Revionics acquires SkuLoop

    Roseville, Calif. -- Revionics, a provider of end-to-end merchandise optimization solutions, and GIIV, owner of the SkuLoop business, a provider of social commerce driven promotions for retailers and consumer brands, announced that Revionics has acquired the SkuLoop business and assets from GIIV.

     

  • Survey finds 27% of adults will use a smartphone or tablet for holiday shopping

    Whiting, Ind. -- More than one-quarter (27%) of U.S. adults will use their smartphone or tablet for their holiday shopping this year, according to new survey by CouponCabin.com. In addition, 83% of those who will use their smartphone for holiday shopping this year report they will be doing so because of the convenience.

    The survey was conducted online nationwide by Harris Interactive on behalf of CouponCabin.com from Sept. 26 – Sept. 28, 2012 among 2,523 U.S. adults aged 18 and older.

  • ShopperTrak names 10 busiest shopping days of coming holiday season

    Chicago — Black Friday will be the single biggest sales and foot traffic day of this holiday season, followed by Saturday, Dec. 22, according to ShopperTrak, the world’s largest counter and analyzer of retail foot traffic. With the greatest possible number of shopping days — 32 — lying between Black Friday and Christmas this year, ShopperTrak predicts that national retail sales will rise 3.3% (over last year) during the peak holiday shopping months of November and December; retail foot traffic will increase 2.8%.

  • It’s the Data and Calendar, Not Your Gut This Holiday

    By Shelley E. Kohan, [email protected]

    When reviewing month-to­month sales results, saw tooth performance of 2012 has left many retailers wondering the fate of holiday this year. Early predictions for holiday comp sales results have hinted to low single digits.

  • ShopperTrak acquires ReTel Technologies

    Chicago -- ShopperTrak has acquired ReTel Technologies Inc. (ReTel), a Silicon Valley-based provider of hybrid video-auditing solutions and advanced shopper analysis.

    ShopperTrak will integrate ReTel’s technology with its managed service to deliver an unprecedented level of shopper insights to retailers. Once available with ShopperTrak’s core offerings, the new capabilities will provide retailers with rapid access to customer demographics, queue analysis, speed-of-service and sales process effectiveness.

  • Consumer spending climbs 0.8% on higher incomes

    Washington, D.C. -- A Monday report by the Commerce Deptartment showed that consumer spending in the U.S. for September rose more than forecast as household incomes climbed.

    Household purchases increased 0.8%, the most since February and topping the 0.6% gain expected by Bloomberg. The Sept. rise followed a 0.5% advance in August.

    Incomes rose 0.4%, the most since March.

    The economy expanded at a 2% annual pace in the third quarter, boosted by the uptick in household purchases.

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