News

Live from New York: SuperSaturday showcases RetailROI, top retail trends
Anyone planning to attend the NRF Convention Jan. 11-14, 2015, should consider arriving one day early to attend another event that is chock-full of information and industry expertise: SuperSaturday. Each year, RetailROI independently offers SuperSaturday, a one-day event held the Saturday before the official Sunday kickoff to the NRF Convention.

This year, SuperSaturday falls on Jan. 10. Held at the PwC Auditorium in Manhattan from 8 a.m.
MarineMax Q4 net income slightly falls
Clearwater, Fla. - Net income at MarineMax Inc. fell 2% to $5.2 million in the fourth quarter of fiscal 2014 from $5.2 million in the fourth quarter of the previous fiscal year. Damages received in connection to the 2010 Deepwater oil spill during the fourth quarter of 2013 helped produce a year-over-year decline in MarineMax’s net income. Revenue grew 10% to $164.1 million from $149.7 million. Same-store sales increased approximately 10%.

Best Buy taps Domino’s CEO for board

J. Patrick Doyle, president and CEO of Domino’s Pizza, has been appointed to the board of directors of Best Buy.

Doyle has joined Domino’s in 1997, serving in a variety of leadership roles across its domestic and international businesses. He has been president and CEO of Domino’s since March 2010.
Eloquii’s Fast-Fashion Take on Plus Sizes

Fast-fashion for plus-sized women: That’s what eloquii.com is on a mission to deliver. While a retail format that offers runway-inspired looks for shoppers sized 14 to 24 is a no-brainer, the concept is practically radical in fast-fashion retailing.
Nielsen: North American consumer confidence up in Q3

New York -- Consumer confidence in the North America region improved four points to 107 on the Nielsen Consumer Confidence Index for the third quarter of 2014. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism, respectively, with the latest results reflecting an outlook of cautious optimism.
Online consumers feel disconnected

Although 83% of consumers say most of their shopping takes place in-store, they still report a variety of disconnects between the in-store and online retail experience.

According to a survey of 1,000 U.S. consumers from electronic shelf label (ESL) technology vendor DisplayData, 44% of U.S. consumers think retailers offer different prices online and offline.
Gap Raises Bar on Digital With New CEO

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Survey: Retailer use of social media for product development grows 550%

Boston -- The current use of social media data by retailers for merchandise planning is limited, with only 39% using it for product development and only 35% using it for promotional planning.
Report: Call them “MALLENNIALS”

The younger generation appears to be more brick-and-mortar than anyone expected. They may live and breathe online, but come the holidays, they are going to the mall, says the new “2014 Holiday Shopping Behavior Survey” from Simon, a global retail real estate leader.

89% of respondents between the ages of 18 and 33 who plan to buy one or more gifts said that they intended to shop at the mall this holiday season.
(Please Don't) Let it Snow, Let it Snow, Let it Snow

Like an inconsiderate party guest, Old Man Winter arrived early this year, bringing his trusty cohorts snow, ice, wind and rain. The first official day of winter is still a month away, but many parts of the United States are feeling the freeze, especially in the Northern Plains, where snow fell 11 days before summer officially ended. If that is any indication of the upcoming season, retailers could be in for a long and brutal winter.

Winter Forecast

For many, winter is a magical time of the year.