CHARLOTTE, N.C., Nov. 29, 2012 /PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended November 24, 2012 of $64.9 million, a 2% increase over sales of $63.6 million for the four week period ended November 26, 2011....
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New York -- Aeropostale reported Thursday that profit for the third quarter rose to $24.9 million, from $24.1 million last year. Sales increased 2% to $605.9 million, beating Wall Street’s expected $601.2 million. Same-store sales dipped 2%.
Nearly three out of four (72 percent) consumers aged 20-40 in the United States and the United Kingdom use mobile devices while in-store to compare prices, but the majority leave before making a purchase, according to a study by Accenture Interactive. The research also shows that while consumers in this age group are concerned about online privacy, they will permit retailers to track their shopping behavior to personalize their shopping experience.
Voxware, a provider of voice solutions, recently released research highlighting how late or inaccurate deliveries impact consumers’ future decisions to shop with a retailer online, by phone or in-store. Six-hundred consumers were surveyed on their expectations for delivery of items that they purchase online or by phone during the holiday shopping season and beyond. Highlights from the survey include the following:
Consumers rarely differentiate between devices when shopping online, but "laptops" rated as the No. 1 shopping query, followed by Nexus and Apple Mini. Variables in searches for electronics should clue in marketers on budget allocations and strategy. Traditional campaigns don't always work best during the holidays. Retailers approach the season with specific budgets in mind, but that doesn't always prove the best strategy. In fact, Google's Retail Head Brett Goffin calls the approach "shortsighted, because nonfluid" budgets could cause advertisers to leave sales on the table if they budget too low prior to the quarter.
New York -- Facebook said referral traffic to retail sites from Facebook on Cyber Monday increased 240%, compared to average referral traffic for the last several Mondays. Among U.S. retailers, Walmart, Toys “R” Us, Macy’s, Amazon and Converse were the...
The days of dial-up are long gone. Most modern internet users expect websites to load lickety-split. For online retailers, having a fast website could be the difference between success and failure. Research shows that most consumers expect a website to load in about three seconds. If a site takes much longer, it will begin to lose its audience. In fact, a one-second delay in load time would cost Amazon.com an estimated $1.6 billion annually. Check out the following infographic, created by SmartBear, for all the info on how a slow site could seriously affect a retailer's bottom line.
Seattle -- Nordstrom announced plans to open a store at Mayfair, in Wauwatosa, Wis., the largest mixed-use shopping center in the state. Scheduled to open in 2015, it will be the retailer’s first full-line store in the greater Milwaukee area. Mayfair is...
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