Data & Analytics

Reston, Va. -- Online retail spending reached $36.3 billion for the third quarter of 2911, up 13% versus year ago, according to comScore. This growth rate represented the eighth consecutive quarter of positive year-over-year growth and fourth consecutive quarter of double-digit growth rates.

New York City -- U.S. households are expected to spend an average of $497 on gifts this holiday season, The Conference Board reported. Only 7% of consumers said they plan to spend more on holiday gifts this year, while approximately 49% plan on spending less than last year.

The survey of holiday gift spending intentions, based on a probability-design random sample, is conducted for The Conference Board by Nielsen. It was conducted in October. 

Palo Alto, Calif. -- Shopkick, the location-based shopping app, announced that Old Navy has joined its partner alliance, with Shopkick walk-in rewards to be live in all of Old Navy's nearly 1,000 U.S. locations. To celebrate, Old Navy will offer $10 off of a $40 purchase plus 150 Shopkick reward points for the partnership's first weekend (Nov. 10 – Nov. 13), available exclusively through the Shopkick app.

Taking over an existing retail space can be a good move, as long as you have all the facts from the get-go, especially with regard to the floor. Lee Eliseian, president of Independent Floor Testing & Inspection, offers the following tips to prevent flooring issues from arising:

Bentonville, Ark. -- Walmart has launched new applications for the iPhone and iPad designed to give its customers tools to plan their weekly shopping trips, as well as a new way to access Walmart both in-store and online.
 

Cincinnati -- Bashas’ Family of Stores, which operates than 120 supermarkets throughout Arizona, will work with KSS Retail to model, measure and implement pricing strategies for its Bashas’ and Food City banners.

“Our goal is to provide our customers with a superior shopping experience,” said Robert Ortiz, Bashas’ VP sales and marketing. “Working with KSS Retail will give us the ability to better understand our customers and what’s most important to them.”
 

Cincinnati -- Macy's net income surged in the third quarter amid strong sales. The retailer on Wednesday also raised its full-year profit outlook and announced plans to build two new stores in New York and one in California.

Macy's earned $139 million for the three months ended Oct. 29, up from $10 million, in the same period last year. Revenue increased 4.1% to $5.85 billion. Same-store sales rose 4%.

When it comes to Black Friday, you’re either in or you’re out. If you’re like me, the whirlwind of retail chaos that swirls around shopping centers the Friday after Thanksgiving can feel a bit overwhelming. The sales and deep discounts are tempting, but wading through crowds and fighting for parking spaces is not my idea of a “happy” holiday. But I have plenty of friends and family – and I’m sure you do too – who look forward to Black Friday with the anticipatory excitement of kids on Christmas Eve.

Quincy, Mass. -- The Stop & Shop Supermarket Co. will open a new format focused on expanded selection, health and wellness, and convenience on Nov. 18, in Chelmsford, Mass. The 72,000 sq. ft. “next evolution” supermarket will include such amenities an in-store nutritionist, a supervised child play area, free Wi-Fi Internet access, curbside pick-up and innovative in-store shopping tools.

New York City -- Uniqlo, the fast-growing apparel retailer from Japan, has implemented queue management systems from Lawrence, a Tensator Group Company, at its two new flagships in New York City (Fifth Avenue and 34th Street).

The custom-designed sleek, stainless steel Tensabarrier guidance system is designed to echo the ultra-modern store interior while helping guide customers easily through the checkout process and increase efficiencies in customer flow.