Data & Analytics

Atlanta -- The SpendTrend report released Wednesday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, showed that card spending growth has remained solid through mid December.

Westboro, Mass. -- Micros-Retail, a division of Micros Systems, said Wednesday that Barneys New York has launched the Micros-Retail miStore mobile point-of-sale solution in its flagship New York store, starting this holiday season. 

Washington, D.C. -- A study released Wednesday by the National Cyber Security Alliance and McAfee revealed a false sense of cyber security for mobile users.

The survey, conducted by Zogby International, found that 72% of Americans have never installed data protection applications or security software on their smartphones in order to protect against data loss or against viruses and malware.

The Co-operative Group’s new 24-hour flagship in London belongs to a class of stores that, while still relatively small, is fast-growing: It is illuminated completely with LEDs.

The New Year poses more opportunities for retailers to grow profits by shrinking costs, and taking a fresh look at the supply chain can provide the surest avenues to enhanced bottom lines. Chain Store Age talked with Ryder Supply Chain Solutions’ Chris Merritt about supply chain trends and methods for strategically reducing expense.

What do you see as overriding trends in retail supply chain?

Apparel retailers know success hinges on finding the right fit for their core customer — and that “fit” encompasses all aspects of the shopping experience from merchandise selection to customer service. The challenge is even greater for Casual Male Retail Group (CMRG), the nation’s largest retailer of big and tall men’s apparel and accessories.

Move over, “Like” button. There’s a new feature on the social media block that makes it easy for retailers to know what shoppers really want.

The physical and virtual retail worlds continue to converge thanks to innovative technology, especially as consumers rapidly adopt digital solutions and apply them to their retailing experiences.

“Consumer-driven solutions are what keep customers at the epicenter of the shopping experience, and that’s what retail is all about,” said Sahir Anand, VP and research group director for Aberdeen Group, Boston.

By Martin Walker and Martin Walker

Based on current worldwide demographic trajectories, in five years there will be more people over the age of 60 than under five. In 30 years, there will be more people over 60 than under 16. In fact, the fastest-growing age group worldwide in this century will be people over the age of 60.

It’s a new year, and with it comes the opportunity for a fresh start for retailers as well as consumers. As in new years past, I’m inundated with a flurry of trend forecasts, surveys and predictions. One of the more interesting ones to cross my desk comes from JWT, New York, one of the world’s biggest marketing communications brands. It is the firm’s seventh annual year-end forecast of trends that will impact consumer behavior going forward.