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Posts Tagged ‘Shopping’
NPD Releases Shopping Activity Weekly Holiday Trends Report for the Week Ending November 3, 2012
Port Washington, NY (PRWEB) November 06, 2012
For the week ending November 3, 2012, The Shopping Activity Weekly Holiday Trends* report from leading market research provider The NPD Group, Inc., shows that 57 percent of U.S. consumers went shopping at brick-and-mortar retail stores, and this level of shopping incidence was similar to October levels. Approximately 66 percent of these shopping visits resulted in a purchase in the most recent week, which was up 1 percentage point from the prior week.
For the week ending November 3rd online share of buying visits remained around 16 percent.
The impact of Hurricane Sandy was evident in the Northeast region (inclusive of hardest hit states NJ, NY, and CT) where brick-and-mortar shopping visits were down 7 percent when compared to the average number of shopping visits over the five prior weeks. Online buying visits that occurred in the Northeast also saw a decline by 4 percent when compared to the average of the prior five weeks. Shopping conversion in this region for brick-and-mortar was at 65 percent in the past two weeks surrounding the storm, which are the highest levels of conversion in this region since we began tracking in early October.
?In the wake of Hurricane Sandy there have been widespread and lengthy power outages in the northeast. The region will try their best to get back to business but there is just one other minor hurdle to overcome that was never anticipated ? the absence of gas,? stated Marshal Cohen, Chief Industry Analyst, The NPD Group, Inc. ?Retailers that may have dodged the initial impact of Sandy are now faced with this challenge and the losses of sales in and around the areas hit hardest have this unexpected layer to deal with.?
*The Shopping Activity Weekly Holiday Trends is special report from The NPD Group, Inc.?s Shopping Activity Service. The Shopping Activity Weekly Holiday Trends report will follow the weekly holiday shopping trends over the course of the 2012 holiday retail season and will be released weekly. Our Shopping Activity Services fields an online study to 4,750 U.S. consumers daily. It captures brick-and-mortar shopping behavior and online purchase behavior in general merchandise channels, including purchases of categories from apparel to entertainment to toys and video games. It excludes the following channels: grocery, drug, gas, convenience and restaurant.
** Buying visits occur when the consumer makes a purchase from a store or website. Buying visits are different from dollar or unit sales.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 2,000 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, entertainment, fashion, food, home and office, sports, technology, toys, video games, and wireless. For more information, contact us, visit http://www.npd.com/, or follow us Twitter at twitter.com/marshalcohen and twitter.com/npdfashion. Become a fan of Marshal Cohen at http://www.facebook.com/npdmarshalcohen and watch more on NPD?s YouTube channel.
New Penny Auction Shopping Site, Bids4LessStore.com, Offers Exceptional Customer Service, Easy Merchandise Pick Up and Cheap Deals
Santa Barbara, CA (PRWEB) September 22, 2010
Bids4LessStore.com is a new online auction site selling the hottest products on the market today ? with a twist. Shoppers register, for free, to enjoy the fun of auction shopping combined with a vast selection of brand new, brand name products. Recently launched, this penny auction platform offers an interactive way to shop for great deals.
The auction shopping format is simple: Bids4LessStore.com offers products for sale starting at $ 0. Our customers bid on items, paying a nominal fee per bid, and the price of the item increases by only a penny. Winners can expect deals far greater than they would find with traditional online shopping. Currently, Bids4lessStore.com is offering the new, fiercely anticipated Halo: Reach, Home Depot gift cards, ipod Shuffles, and electronics. New products and auctions are updated regularly.
The Women?s High Network Comes Together to Support the Stamford Yerwood Center with a Day of Inspiration, Connection, Food, Art, Music ? and Shopping!
Stamford, CT (PRWEB) March 30, 2012
Hundreds of change makers are gathering today to meet, listen and learn from acclaimed speakers, best-selling authors, humanitarians, successful entrepreneurs and artists building collective energy and raising money for the famous Yerwood Center, an innovative organization serving Stamford?s children and youth since 1934.
The Center, which serves hundreds of children each year, and has changed thousands of lives for the better, will benefit ? including proceeds from Saks Fifth Avenue shopping (10% of event-related purchases will go directly to the organization, along with donations made through ticket sales and an auction at the event).
The event is the first supported by a new convergence of passionate women business leaders, community leaders, and supporters in Connecticut and across the country as a new ?center of gravity? forms to support innovation in how organizations can more efficiently collaborate to support good works.
The Women?s High NETwork (WHN) is creating its headquarters in the new Stamford Innovation Center and is celebrating their new home as part of the WINGS OF CHANGE event today.
Connecticut resident and WHN Co-Founder Donnetta Campbell, who is also founder and Co-Founder of the Barnyard Group (a strategic creative and communications agency headquartered in New York City and opening offices at the StamfordiCenter), said, ?What a joy it has been to see so many groups come together which such tremendous gifts to make sure the kids and staff at the Yerwood Center have the means to continue and grow. We are truly blessed with some of the most amazing, dynamic speakers and contributors who have donated a tremendous amount of time to organize this coming together of like mind, hearts and spirits. This is a can?t-miss event and we plan on building this group into a resource for speakers and authors for non-profits and CSR focused profit corporations!?
Osby McMillan, Chairman of the Yerwood Center said, ?We will be forever grateful to all the individuals and groups who have come together to raise awareness and funds for our programs in such a creative, meaningful way. To celebrate with inspiring stories, and to honor inspiring people, like Laurie Meadoff and Dr. Judy Kuriansky, whose lives have been dedicated to helping children and youth globally, is the perfect way to generate resources that allow us to mentor and support the next generation of inspirational adults.?
The HERicane Initiative
The Women?s High NETwork team has established The HERicane Initiative around the potential of women to collaborate, coordinate and create more value with less resources in order to serve the most people in need.
Their professional women?s network includes members from business, finance, media, entertainment, technology, philanthropy and the arts. Their work in both the for-profit and non-profit world will be guided by ?Social Action Powered by Social Media.?
?With governments wavering, Fortune 500 companies re-evaluating the ways they do business and natural resources suffering,? said Joy Rose, also a Co-Founder, ?it?s truly time to give the girls a chance! This does not mean doing business they way we?ve been operating for the last hundred years or so. It means setting the bar higher, living smaller and shifting attitudes about wealth to incorporate more generous attitudes. The way we do that is one person at a time. I?m just glad I know what to do in a HERricane; hold on for the ride!?
Co-Founders and Senior Board Of Advisors include:
Wearing It Forward: Goodwill
Rockville, MD (PRWEB) February 29, 2012
Goodwill and The Bon-Ton Stores, Inc. (NASDAQ: BONT) encourage consumers to think of spring shopping as an early opportunity to do good by ?wearing it forward? during the semi-annual Goodwill Sale, which will take place March 7?22. Before shopping, individuals are urged to donate their used clothing and household textile items at Bon-Ton stores to benefit Goodwill Industries
5 Secrets to Slash SuperBowl Shopping Costs by 50%
Memphis, TN (PRWEB) February 04, 2012
Thousands of households are going to be planning and shopping for Super Bowl parties this weekend. Top on the list are things like HDTVs, beverages, and groceries. According to Chris Chase, a spokesperson with CouponScratch.com, “this is the major party event of the year, so people are going to be buying a lot of stuff, and they will be looking to save as well.”
Retailers are going to have a lot of deals to bolster sales in this period after the post-holiday season. Here are 5 tips and awesome deals that consumers can take advantage of to make their pocket ‘Super Bowl happy’:
1. Have a shopping list: When people go to the grocery store to shop for a SUper Bowl party, things can get pretty overwhelming. Chase recommends going along with a tidy shopping list to make sure you get everything you need within budget. Users can download and print a handy one-page shopping guide here.
2. Have a handle on the essentials: Don’t forget all the great things that go into making perfect food for a Super Bowl party. There’s everything from chicken wings, salsa, nachos and more. “It’s the more reason why you need to have a shopping plan”, Chase says.
3. Take advantage of huge savings with coupons and exclusive deals: From Samsung TVs to cases of Pepsi, retailers will be doing all they can to boost sales in this short period. Take advantage of online coupons and grocery coupons to bag all the savings you can get. Coupon Scratch offers consumers free access to a web browser app and a members area where consumers can access hundreds of great deals from retail sites and in store coupons before the big game.
4. Talking about deals, there is a sample of some deals that are very useful this period:
55 cents off Hormel chilis, pepperoni products, bacon bits toppings and chicken breasts.
$ 1 off Batter Blaster pancake & waffle batter – print coupon
(Users can sign up at CouponScratch.com to print these coupons directly)
5. For those interested in buying a new TV ahead of the Super Bowl, there are electronic coupons available to use at Best Buy, Target and Amazon. For example. users can get a 55″ LCD TV for less than $ 800 during this period.
“It’s a Super Bowl sale for everyone over the next few days,” remarks Chris Chase.
TO discover how you can save up to 45% on groceries, restaurants and shopping in your area, visit http://www.couponscratch.com
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The NPD Group Reports Strong Gains in Specialty Sector and Online Shopping for Home Improvement Industry
Port Washington, New York (PRWEB) November 14, 2011
According to The NPD Group, Inc., a leading market research company, the home improvement* industry grew two percent in the 12 months ending September 2011 vs. 2010. However, the industry is still down seven percent compared to the same time period in 2009. Despite the industry?s slow growth overall this year and sales results still below what they were two years ago, specialty retailers and online shopping are making significant gains.
Specialty retailers have grown seven percent in home improvement dollar sales, and by double-digits in unit sales volume versus 2009. This channel now represents 12 percent share of dollar sales and 14 percent of unit sales across the home improvement categories tracked by NPD. The categories with the most noteworthy increases in the specialty channel — storage and organization, and lawn and garden products — both experienced strong double digit growth over the past two years.
In addition to the specialty channel, hardware stores also gained some sales momentum, increasing six percent on a dollar basis, compared to the 12 months ending September 2009. While other channels, like warehouse home centers and warehouse clubs showed modest growth in the 12 months ending September 2011, it wasn?t enough to keep up with specialty and hardware store growth.
Online shopping has also seen significant growth, with dollar sales up 15 percent over 2009. Online now represents five percent of all home improvement sales, but is even more important in the specialty channel, representing 20 percent of those sales, with kitchen and bath specialty stores leading the way in the 12 months ending September 2011. Though still accounting for the lion?s share of the market, home improvement brick and mortar sales are down over the last two years.
According to The NPD Group?s consumer tracking service, while price continues to be the top factor in selecting a retailer, a quarter of home improvement consumers now tell NPD their primary reason for shopping at a given retailer is that it is close to their home. And, for consumers shopping in specialty stores, selection and availability are more important than proximity to their homes.
?Since the start of the economic downturn we?ve entered a new mindset as consumers. People are getting back to their roots and putting an emphasis on supporting local, homegrown businesses. The aging population is becoming disinterested in traveling outside their home town to a large store, especially with rising gas prices,? said Kevin Gilbert, director, The NPD Group.
?The top 5 home improvement retailers still command more than 65 percent of unit sales, but the smaller, more specialized retailers are starting to nip at their heels. It is clear that consumers are looking for more and more convenience, be it through online shopping or a store close to home. If specialty stores can continue to offer the price and selection consumers are looking for, they will continue to get the consumers? attention and their spending dollars,? said Gilbert.
*Home improvement, as tracked by The NPD Group, includes categories in hand tools, power tools, outdoor power equipment, storage and organization, faucets and showerheads, lighting and electrical, fans, and caulk/glue/adhesives.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, entertainment, fashion, food, home and office, sports, technology, toys, video games, and wireless. For more information, contact us, visit http://www.npd.com/, or follow us Twitter at https://twitter.com/npdgroup.
CONTACT:
Dora Brunette
The NPD Group, Inc.
516-625-6190
dora.brunette(at)npd(dot)com
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NPD Releases Shopping Activity Weekly Holiday Trends Report
Port Washington, NY (PRWEB) November 08, 2011
The Shopping Activity Weekly Holiday Trends* report from leading market research provider The NPD Group, Inc.?s shows a slight increase in the Shopping Conversion rate in Brick & Mortar stores for the first week of November.
SEE CHART: Brick+Mortar Shopping Conversion Rate -Week Ending – 11-01-11
?This week?s conversion rate, I think, is an illustration of how ?Christmas creep? can pertain to more than just retailers,? said Marshal Cohen, chief industry analyst, The NPD Group, Inc., ?Consumers are starting to show a slow ramp up toward holiday and we will see a steady build in their momentum in the coming weeks.?
The Online Share of Buying for the 4 weeks reported remained in the 11 to 12 percent range with no notable change this week.
SEE CHART: Online Share of Buying Visits – Week Ending 11-01-11
*The Shopping Activity Weekly Holiday Trends is special report from The NPD Group, Inc.?s Shopping Activity Service. The Shopper Activity Weekly Holiday Trends report will follow the weekly holiday shopping trends over the course of the 2011 holiday retail season and will be released weekly. Shopping Activity Services is a study fielded to 4,750 U.S. consumers daily. It captures brick and mortar shopping behavior and online purchase behavior in categories from Apparel to Entertainment to Groceries to Video Games. In response to demand for more granular data this report has been enhanced and all previous data has been restated to reflect that enhancement. The result is a shift in the actual values however the directionality of the results remains in-tact.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, entertainment, fashion, food, home and office, sports, technology, toys, video games, and wireless. For more information, contact us, visit http://www.npd.com/, or follow us Twitter at twitter.com/marshalcohen and twitter.com/npdfashion. Become a fan of Marshal Cohen at http://www.facebook.com/npdmarshalcohen and watch more on NPD?s YouTube channel.
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