Markets

DISASTER: Blizzard Captures $1 Billion In Precious Holiday Sales

[credit provider=”ap”] Retailers lost around $1 billion in holiday sales because of the blizzard, ShopperTrak tells Reuters.Shopper traffic was off 11.2  per cent on Sunday and 13.9 per cent on Monday from expectations. Analysts put the damage to December sales growth between 0.25% and 0.5% — a painful loss for […]
DISASTER: Blizzard Captures $1 Billion In Precious Holiday Sales
Markets

India To Start Releasing More Detailed Retail Data

[credit provider=”Shahnawaz Sid via Flickr” url=”http://www.flickr.com/photos/findsiddiqui/4752458096/sizes/l/in/photostream/”] An influx of foreign retail brands in India has made politicians realise the importance of retail as a macroeconomic indicator. In speaking with Times of India, Dayanidhi Maran, India’s textiles minister told the paper that the presence of foreign retailers would make sales figures […]
India To Start Releasing More Detailed Retail Data
Markets

This Retail Recovery Isn’t Real And Is Going To End In Q1 2011

We are updating the chart we released in last month’s report entitled Retail Sales as the Echoes of a Pre-Crisis Habit, to reflect data through November, with respect to retail sales, and through October with respect to consumer credit.  See the revised chart at the end of this email and […]
This Retail Recovery Isn’t Real And Is Going To End In Q1 2011
Tech

Apple Makes Another Play For The Enterprise: Old Navy Testing iPod-Based Point-Of-Sale System

[credit provider=”9 to 5 Mac” url=”http://www.9to5mac.com/38474/apple-opens-up-new-business-in-point-of-sale-systems”] Apple is making a huge play at the enterprise market via iOS: Not just the typical corporate market you think of, like getting big companies to buy Macs instead of Dells, but actually getting companies to use iOS devices as part of their business […]
Apple Makes Another Play For The Enterprise: Old Navy Testing iPod-Based Point-Of-Sale System
Tech

Secret “CrApple Store” Blog Is Gone: Did Apple Send Legal Threats?

[credit provider=”Dan Frommer, Business Insider”] A blog about the dark side of working at Apple‘s famous retail stores, the “CrApple Store,” made the rounds over the weekend.But now it’s down — the anonymous writer has replaced it with a single post explaining that it was “never really meant to be […]
Secret “CrApple Store” Blog Is Gone: Did Apple Send Legal Threats?
News

It Has Begun: Check Out Photos Of Black Friday Shopping Madness

[credit provider=”victoriagreer on twitpic” url=”http://twitpic.com/3aav7d”] If you’re out of the house already, then you’ve seen the Black Friday shoppers.There’s a crazy feeling on the streets of New York City, with lines at 4:30 AM outside stores like Forever 21 that opened at 5. Stores that were open like the Gap […]
It Has Begun: Check Out Photos Of Black Friday Shopping Madness
News

15 Black Friday Deals That Will Make You Go Shopping Crazy

Nearly one in five Americans plan to shop on Black Friday and 61% plan to spend between $100 to $500, according to a survey conducted by Nielsen. 60-four per cent of shoppers will buy apparel, while 60% will buy electronics and 47% will buy toys.
15 Black Friday Deals That Will Make You Go Shopping Crazy
News

11 Signs Holiday Retail Competition Is EVEN MORE Intense This Year

[credit provider=”By mjb84 on flickr” url=”http://www.flickr.com/photos/markjms/3466232927/sizes/o/in/photostream/”] Retailers are acutely aware of consumers’ tight budgets this year and are doing what they can to stay competitive against their retail opponents.Experts are predicting that consumers will spend slightly more on holiday-related shopping this year, and stores are doing what they can to […]
11 Signs Holiday Retail Competition Is EVEN MORE Intense This Year
Markets

Here’s The Truth Behind Today’s Strong Retail Spending Report

The October 2010 Advance Monthly Sales for Retail Trade and Food Services was released this morning. The seasonally adjusted tally of $373.1 billion, an increase of 1.2 per cent (±0.5%) from the previous month, and 7.3 per cent (±0.7%) above October 2009. Also, August headline number was upwardly revised from […]
Here’s The Truth Behind Today’s Strong Retail Spending Report
Tech

Facebook Places Finally Arrives On Blackberry

[credit provider=”BlackBerry.com” url=”http://appworld.blackberry.com/webstore/content/screenshots/680?lang=en”] Facebook released Places on Blackberry today. Just like the iPhone and Android versions, Facebook Places will let you check in to nearby venues.Last week, Facebook unleashed it’s first round of Deals, with the Gap offering a free pair of jeans to the first 10,000 customers to check […]
Facebook Places Finally Arrives On Blackberry
News

The Top 12 Places Where Rich New Yorkers Spend Money

[credit provider=”Scott Beale / Laughing Squid” url=”http://laughingsquid.com/”] Even in bad times, New Yorkers love their high-end retail.Mint Data shows that New Yorkers are spending more and more in advance of the holiday season.
The Top 12 Places Where Rich New Yorkers Spend Money
Markets

Retailers Now Expect The Best Christmas In Years

[credit provider=”Apple”] U.S. containerized import data is already tracking for 9% year over year growth in November.Retailers remain extremely cautious, yet are still preparing for what they expect to be the best crisis in years, according to the National Retail Federation (NRF):
Retailers Now Expect The Best Christmas In Years
Tech

The REAL Reason Companies Do Facebook “Deals” And Buy iAds

[credit provider=”Amadika” url=”http://www.flickr.com/photos/amadika/2177959587/”] Why did Gap do a big deal with Facebook today, giving away 10,000 pairs jeans and 40%-off discounts to Facebook users?Depending on whom you ask, you may hear answers like “brand lift,” “lead generation,” “getting people in the store,” “partnering with strategic partners,” or straight-up “social media […]
The REAL Reason Companies Do Facebook “Deals” And Buy iAds
Tech

Facebook Users Line Up For Free Jeans At The Gap

Facebook’s big “Deals” product launches with Gap stores today, and Facebook users are lined up at Gap stores around the country, hoping to get one of those 10,000 free pairs of jeans. (If you don’t get free jeans, you can get 40% off a regular-price item, just by “checking in” […]
Facebook Users Line Up For Free Jeans At The Gap
Markets

Check Out How Much Stocks Jump After Michelle Obama Wears Their Brand

The First Lady is so influential that she can move retail markets simply by what she decides to wear out.We read last week that during a span of 189 public appearances, Michelle Obama has created $2,700,000,000 of total value for 29 companies, according to research conducted by David Yermack of […]
Check Out How Much Stocks Jump After Michelle Obama Wears Their Brand
Tech

Microsoft Needs To Open Way More Stores

Windows 7 isn’t the only Microsoft kid celebrating its first birthday this week: a year ago today, the company opened its first retail store in Scottsdale, Arizona.
Microsoft Needs To Open Way More Stores
Strategy

13 Brands That Are Blacklisted By Behemoth Retailer, Walmart

[credit provider=”By Evil Smiley via Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Mat-Su_NOW_Wal-Mart_Protest.jpg”] Kanye West slammed Walmart after the store banned his latest album because of its seriously sexual cover.And if you get banned by this mega-chain, you’re going to be  missing out on some serious sales. It’s enough to kill some companies completely. After […]
13 Brands That Are Blacklisted By Behemoth Retailer, Walmart
Markets

US Retail Sales: The Stunning Impact Of The Financial Crisis

The September 2010 Advance Monthly Sales for Retail Trade and Food Services was released this past week. The seasonally adjusted tally of $367.7 billion is an increase of 0.6 per cent (±0.5%) from the previous month, and 7.3 per cent (±0.7%) above September 2009.
US Retail Sales: The Stunning Impact Of The Financial Crisis
News

Tom Brady May Have Lost A Receiver, But He Gained An Endorsement Deal

[credit provider=”AP Images”] With his Nike deal expired, CNBC’s Darren Rovell reports that the quarterback is in talks with Under Armour for a new apparel sponsorship:Brady’s endorsement could be a nice boost for the Under Armour brand, which has suddenly shifted focus from signing defensive players to offensive weapons. The […]
Tom Brady May Have Lost A Receiver, But He Gained An Endorsement Deal
Markets

Irish Manufacturing And Retail Data Just Tanked In Another Example Of Austerity Failing

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Happy_Saint_Patrick%27s_Day_2010,_Dublin,_Ireland,_the_green_luck,_the_green_love,.jpg”] Austerity is looking worse all the time for Ireland, with new manufacturing and retail sales data tanking.The country’s purchasing managers index fell to 48.4 in September from 51.1 in August, according to Reuters. Anything less than 50 indicates contraction.
Irish Manufacturing And Retail Data Just Tanked In Another Example Of Austerity Failing
Markets

Cotton Soars To 15-Year High As China And India Warn Of Flood Damage

The effects of epic flooding across Asia keep looking worse. China’s Ministry of Agriculture said today the cotton fields are in worse condition than a year earlier, according to Bloomberg. India’s textile and agriculture ministries also said today cotton production would miss estimates, according to Business Line.
Cotton Soars To 15-Year High As China And India Warn Of Flood Damage
Markets

A Deeper Dive Into August Retail Sales

In results that came in stronger than many expected, same-store sales rose in August by more than 3 per cent. The results are especially surprising since people just a few days ago were saying the back-to-school shopping season was turning into a big bust. However, it does appear that big […]
A Deeper Dive Into August Retail Sales
Markets

Retail Sales Rise For the First Time In Three Months

[credit provider=”parishiltonjustme.com”] U.S. retail sales rose 0.4% in July vs. June, marking the first increase in three months, this compares to expectations of 0.5%.However, core retail sales, ex-autos, rose 0.2%, which matched expecations of 0.2% according to estimates via Finviz.
Retail Sales Rise For the First Time In Three Months
Tech

Boston Sandwich Shop Testing iPad App For Orders — Fad Or The Future?

[credit provider=”Carl Howe via Yfrog” url=”http://yfrog.com/1fmc5pj”] A Boston Au Bon Pain sandwich shop is testing an iPad app for lunchtime sandwich ordering, according to this tweet and photo from Carl Howe of research firm Yankee Group.We’ve never tried this, but as geeks, it seems pretty neat. (We could totally see […]
Boston Sandwich Shop Testing iPad App For Orders — Fad Or The Future?
News

Are There Bed Bugs In The New York Retail Supply Chain?

Ok, so Abercrombie & Fitch having to close one store because of bed bugs seemed like a fluke.  But now they’ve had to close a second store for the same reason.Bed bugs have been a growing problem in New York City for a while. It’s typically apartments and hotels that […]
Are There Bed Bugs In The New York Retail Supply Chain?
Tech

FarmVille Maker Zynga Has Completely Taken Over 7-Eleven

It’s no secret that social gaming company Zynga‘s success isn’t coming because a bunch of tech-weenie early adopters play games like FarmVille, Mafia Wars, etc. It’s just the opposite — it’s because of “the normals.” That’s how FarmVille had 63 million active users on Facebook in the last month.
FarmVille Maker Zynga Has Completely Taken Over 7-Eleven
Markets

There’s One Big Patch Of Green In This Blood Bath

The market’s tanking, yet there’s one major stock that just isn’t budging so far. Walmart beat analyst estimates, with 1Q profit rising 10%. Despite the market’s dip, WMT shares have held up extremely well so far today despite other early gainers falling into the red.
There’s One Big Patch Of Green In This Blood Bath
Markets

Goldman: Watch Oil’s Rise Begin To Crush Other Industries

Goldman’s Gerald Moser outlines a long oil, short retail pair trade in his latest portfolio strategy piece. The argument is that oil stocks have underperformed both many other industries as well as the rally in oil prices. Thus they should be buoyed by oil’s strength in the upcoming quarters while […]
Goldman: Watch Oil’s Rise Begin To Crush Other Industries