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Data & Analytics

  • Millennial shoppers hit hard by economic downturn

    NEW YORK — Millennial shoppers (consumers ages 18 to 34 years) now represent the highest percentage of Americans who do not have enough money to cover their basic needs, according to WSL/Strategic Retail, a leading authority on shopper behavior and retail trends.

  • Microsoft making $300 million investment in Barnes & Noble’s Nook

    New York -- Microsoft Corp. and Barnes & Noble have entered into an agreement by which Microsoft will invest $300 million in Barnes & Noble’s digital-book (Nook) business and college texts unit.

    With the arrangement, Barnes & Noble's digital and college businesses will become a new, still-to-be-named subsidiary in which Barnes & Noble holds an 82.4% stake and Microsoft owns 17.6%. The agreement also means the two companies have settled their patent dispute.

  • Online gifting service Wrapp makes U.S. debut; launch partners include H&M, Gap and Sephora

    New York -- Wrapp, a new online gift service from Sweden, has launched in the United States, partnering with such retailers as Gap, H&M and Sephora to let consumers send free virtual gift cards to friends on Facebook.

  • Zale chief joins Express board

    COLUMBUS, Ohio — Express has named Theo Killion has been appointed to its board of directors as a Class III director.  Killion is CEO and a director of Zale Corp.  

  • Charming Shoppes selects Oracle Retail to drive cross-channel growth, improve inventory management

    Redwood Shores, Calif. -- Charming Shoppes has selected Oracle Retail to drive growth across its multiple platforms and brands. The retailer said it will use Oracle Retail applications to deploy a modern technology platform that helps transform its merchandising supply chain and store operations to reduce the total cost of ownership of hardware, software and support while enabling a better shopping experience for customers across channels and brands.

  • Retail clinics poised for dramatic expansion

    San Jose, Calif. -- Retail clinics and big-name medical centers are poised for dramatic expansion, according to two well-known speakers at the American Telemedicine Association's annual meeting in San Jose this week.

  • Greater consumer confidence not loosening purse strings

    CHICAGO — Consumers’ confidence in their personal finances is returning to levels seen in first quarter 2011, according to SymphonyIRI Group’s latest MarketPulse survey, released Friday. But while confidence remains high, the same consumers remain frugal.

  • Ingles Markets sees growth in Q2, first half of fiscal 2012

    ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

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