aggregatedcontent

Cato Reports November Same-Store Sales Down 2%
November 29, 2012

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....

Aeropostale net income edges up in Q3
November 29, 2012

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%.

Consumers Visit Stores to Compare Prices, Nearly Half Make Their Final Purchase Online
November 29, 2012

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.

Retailers Have Little Room for Error When Delivering Items Purchased Online or by Phone, Report Finds
November 29, 2012

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:

Tactical Holiday Advice From Google's Retail Head
November 29, 2012

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.

Infographic: Slow Websites Cost Retailers Billions
November 29, 2012

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.

Nordstrom to make greater Milwaukee debut in 2015
November 29, 2012

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...