Data & Analytics

New York -- Jewelry sales are expected to grow more than 11% in the second quarter and 9% overall this year, according to a new IBM Big Data-based forecast.

According to the analysis, improved consumer confidence, lower unemployment and enhanced stock dividends from fourth quarter 2012 have combined to leave people ready to start spending on luxury items again, like jewelry.

ST. PAUL, Minn. — Shortly after announcing the opening of its first firearms store in Minnesota, Gander Mountain came out with a new online and social media initiative aimed at promoting responsible gun ownership.

As part of its “With Rights Comes Responsibility; Secure Your Firearms” initiative, Gander Mountain today launched www.ResponsibilityPledge.com, where firearms owners and those thinking of becoming an owner can take a pledge of personal responsibility.

Schnucks Markets unveiled a smaller format with the opening of its store in Ballwin, Mo. Comprised of a 40,000-sq.-ft. ground floor and a 5,000-sq.-ft. mezzanine, the supermarket combines the inviting ambience of a neighborhood market and easy-to-navigate layout with an updated array of amenities. The space is designed to promote shopper interaction and to spotlight fresh and prepared foods.

New York -- Amazon will cement its position as major retail price setter for years to come by exploiting its logistics opportunity, according to a new ResearchFarm report.

Total U.S. Shopper Traffic in Retail Stores and Malls for March 2013

Shopper activity increased last month with the Easter holiday and students on spring break. March retail foot traffic increased 25.8% compared with February 2013, continuing positive month-over-month retail traffic trends. Foot traffic for March 2013 increased 1.5% compared with the same month in 2012. 

TULSA, Okla. — Real estate auction company AmeriBid LLC announced that John Pellow, previously chief marketing officer, has been promoted to VP. 

"We are thrilled to have John's expertise and commitment to client service on the sales team at AmeriBid," comments Stan Schreyer, Chief Executive Officer. "There is no doubt that he will continue to drive success within the company and achieve significant goals in the process."

SUNBURY, Pa. — Weis Markets announced that Gretchen Suydan has joined the company as director of marketing. The company announced the promotions of Brian Bosworth to sales director and Maria Panko to private brands manager.

San Francisco -- More than half of Americans shop and spend money to improve their moods, according to a new survey.

The study, by Ebates.com, found that 63.9% of women engage in “retail therapy,” compared with 39.8% of men, and the belief that it improves moods was found among 39.2% of women, compared with 20.6% of men. The survey was conducted online by TNS Global and included 1,000 adults.