Prospecting

H&M Sees Construction Slump Slow its Expansion Plans
September 30, 2010

Hennes & Mauritz AB said it will delay some store openings this year because of a construction slump, even as the fashion retailer reported a 23 percent rise in profit for the company's fiscal third quarter.

Consumer Confidence Slips to its Lowest Level Since February
September 29, 2010

September consumer confidence in the United States slipped to its lowest levels since February, driven by a deteriorating labor market and business conditions, according to a private report released Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 48.5 points in September, from a revised 53.2 in August.

Social Couponing Proves Too Successful for Some Retailers
September 22, 2010

Posies Cafe signed up with Groupon several months ago. If Groupon could promise to deliver a certain minimum number of customers, Posies would sell them $13 worth of products for $6. Nearly 1,000 people bought the Groupon in the one day it was advertised, swamping the small coffee shop for three months. Posies' owner said that the volume of sales coupled with the steep discount threatened her business, forcing her to spend $8,000 of her personal savings to pay her employees and the rent.

Department Stores Get Creative to Recapture Younger Shoppers
September 17, 2010

The department store industry, coming off its worst year in three decades of market share decline, is mounting an all-out battle for the next generation of shoppers. After years of looking the other way as H&M, Forever 21, Zara and an ever-expanding array of online retailers captured the under-25 market, department stores are pouring money and effort into winning them back.

Ethan Allen Launches New Campaign in Search of Younger Customers
September 13, 2010

Ethan Allen's strategy to reposition itself with younger consumers. Americans in their 40s, 50s and 60s currently make up the brand’s core demographic. But Ethan Allen, which also offers interior design services, is looking to connect with consumers in their 30s and 40s who also have some discretionary income to spend.

Viral Marketing With Free Samples Grows Yogi’s Mail and Email Lists
September 1, 2010

With one free sample offer, Yogi is collecting well-wishers' names and email addresses, well-wishees' names and email addresses, and well-wishees' mailing information and tea preferences. Plus, the whole program is a direct referral of Yogi's products from one friend to another that creates a chance to impress prospects with the company's high-end teas.

J.C. Penney's Latest Partnership Signals Push to Win Over Young Females
August 11, 2010

In an attempt to win over fashionable young women, J.C. Penney Co. is going to try running with a faster crowd. This week, the Plano, Texas-based retailer unveiled an unconventional collaboration with Mango MNG Holding SL, the closely-held Barcelona chain known for whipping up cutting edge looks that go from design studio to store shelves in as little as four weeks.