Below is the list of articles you will find for the week ending 2/27/09 edition of Retail Industry News.
- Safeway’s Burd Challenges Manufacturers On Price
- Nutritional Customization Comes To The Supermarket
- MNB’s Tales Of Tesco
- Target To Focus On Food & Necessities To Improve Bottom Line
- Sansolo Speaks: Killer Apps
- Common Threads In The Fabric Of Retailing Success
- Tesco Exec Says Company “Got It Wrong” In US With Fresh & Easy
- The MNB Wal-Mart Watch
- The Balance Sheet
Read the entire report (PDF).
While most of America is shopping less these days, a new study finds that there’s no sign of a slowdown among mall-loving teens. It finds they’re still spending plenty of time sashaying through their favorite stores.
Arbitron conducted the study for Eye, a mall media operator, intercepting teens between the ages of 14 and 17 in five malls around the U.S. Although the study was fielded in mid-November, a period when malls and retailers were reporting widespread downturns in both traffic and spending, these teens said they are still coming to the mall an average of five times a month, spending about two hours each trip, and visiting an average of five stores.
Before heading to the grocery store, Miranda Wilcox jumps online, where she scours for coupons on half a dozen Web sites bookmarked on her computer.
Ms. Wilcox, a 32-year-old mother of two from Greenville, N.C., prints out some of the coupons. Others she uploads directly onto her supermarket rewards card. Recently, Ms. Wilcox shaved nearly $50 off a $120 shopping bill with the help of coupons she found on the Internet.
Below is the list of articles you will find for the week ending 2/20/09 edition of Retail Industry News.
• 7-Eleven Plots US Expansion Strategies, Tactics
• Assessing Recession’s Impact On CPG Sales
• Sansolo Speaks: Off With Their Heads!
• Roundy’s CEO Plays To His Strengths
• Brands Try New Ways To Co-Exist With Private Label
• Recession Seems To Be Reducing Supermarket SKU Count
• The MNB Wal-Mart Watch
• The Balance Sheet
• Executive Suite
Package-goods brands face their greatest crisis and strongest threat from private label since at least the early 1990s. And that’s the good news.
The bad news is that this time could be a lot worse — more like the U.K. or Canada in the 1970s than the U.S. in the 1990s, according to some industry watchers. They predict a structural slowdown in consumer spending that could last four to 10 years, which, combined with increasingly marketing-savvy and aggressive retailers, could conspire to push private-label shares to a dizzying high — as much as six times the roughly one-point gain already seen since the recession began in December 2007.
Advertisers are getting access to a new interactive out-of-home ad platform that is close to the point of sale. That’s thanks to Tomra, which operates a network of recycling machines at supermarkets and other retail locations across the U.S.
The company is introducing poster spaces, video messages and product-specific coupons to its “reverse vending machines,” which sort and accept recyclable beverage containers. In addition to supermarkets, it operates RVMs at sports stadiums, amusement parks and university campuses.
Consumers might have been stingy in the fourth quarter, but they came out of the period happier about the way they were treated by retailers, the American Consumer Satisfaction Index demonstrated, with Wal-Mart and Dollar General being exceptions.
Considered in two categories, department/discount store and supermarket, Wal-Mart gained a point in the ACSI rating system to 70 as a general merchandise retailer, but it lost two points to 69 as a food retailer. Wal-Mart’s ACSI supermarket rating slipped in the quarter even though its sales gained. Claes Fornell, director of the National Quality Research Center, which is an ACSI sponsor, noted that Wal-Mart’s supercenter operations are so price oriented that service isn’t as big a deal to its customers as it is to those of some other retailers.
Makers of household goods and food are paying more attention to the “paycheck cycle” as cash-strapped consumers are showing a tendency to make their largest purchases when their salaries first come in and to cut back as that money runs out.
With more consumers living from paycheck to paycheck, some companies have looked at ways to time their promotions around periods when consumers’ wallets are likely to be well cushioned.
FOR IMMEDIATE RELEASE
February 20, 2009
Stevens Point, WI. NARMS International has announced the launch of the NARMS Virtual Conference Trade Show site accessible via www.narms.com or www.virtualbeginnings.com/start/narms. The 3D trade show is a collection of exhibitors who will stage real-life exhibits at the 14th Annual NARMS Spring Conference trade show in Colorado Springs on April 4-7 and will eventually also house other exhibitors seeking access to NARMS members and website visitors. Read more