Data & Analytics

North Plainfield, N.J. — Levin Management’s annual pre-holiday retail sentiment survey has found that retailers expect consumers to begin their holiday shopping sooner this year. Specifically, Levin said that 43.3% of responding retailers believe that holiday sales will peak prior to and during the Thanksgiving/Black Friday weekend sales period.

Only 13.5% believe that sales will peak later — during the weekend before Christmas, a significant drop from last year’s 29.2%.

Atlanta -- Dollar volume growth in credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations in October 2013 was 6.8%, an uptick from the prior month’s growth of 5.3%. First Data Corporation’s First Data SpendTrend analysis shows the growth was supported by the onset of cooler temperatures, which drove sales of seasonal merchandise and early holiday advertising attracting shopper foot-traffic.

HARRISBURG, Pa. — The Environmental Protection Agency has recognized Ahold USA for its efforts to reduce food waste, the agency said.

The EPA said it recognized Ahold for its contributions to the Food Recovery Challenge, which encourages organizations to donate and divert as much of their excess food as possible, which the agency said helps protect the environment and feed needy people. Ahold USA owns the Giant Food Stores of Carlisle, Pa., Giant Food of Landover, Md., and Stop & Shop supermarket banners, as well as the online grocer Peapod.

Retailers anticipate a 3.1% increase in sales on Black Friday this year, mirroring their projections from last year. However, a new a survey of top retail chief marketing officers by BDO USA shows that retailers have moderated their expectations for growth in Cyber Monday sales, predicting that sales will grow by 3.7% this year, down slightly from last year’s sunnier 4.3% growth projection.

Bon-Ton is looking to upgrade its supply chain solution and is turning to technology provider ecVision to help the company improve the existing platform it uses.

Seven years ago, Bon-Ton implemented ecVision's solutions for vendor management, PO integration and production and shipment tracking for its international orders. The company is ready for an upgrade, however, so it can efficiently deal with the more than 100,000 SKUs which are sourced and delivered to stores around the country.

Walmart is stupid to take on Amazon.com head-to-head in too many areas, according to Wharton marketing professor Stephen Hoch who, along with other members of academia and one retail futurist, weigh in on the competitive situation that promises to impact the entire retail industry.

Normal 0 false false false MicrosoftInternetExplorer4

Seattle – Nordstrom reported declining net earnings during the third quarter of fiscal 2013 despite an increase in net sales. Net earnings totaled $137 million, down 7.5% from $146 million in the same quarter a year earlier.