FINANCE

Survey: Green Consumers Spend More on Organics

BY CSA STAFF

Phoenix Green consumers are the top spenders in categories offering a higher selection of sustainable choices, such as produce, eggs and light bulbs, according to a new survey by The Nielsen Co. and the Natural Marketing Institute.

Green households, according to the survey, account for 81% of organic-product purchases, nearly four times as much as “unconcerned” consumers (consumers not on the eco-radar).

These consumers are also more likely to purchase products with health claims, such as gluten-free and multi-grain.

Green consumers are also more likely to shop in warehouse clubs than non-green consumers, the report said.

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Yahoo! launches online retail ad program

BY CSA STAFF

NEW YORK Yahoo! has launched Yahoo! Circular, a program that enables retailers to reach potential shoppers using Yahoo!’s Smart Ads technology which automatically generates customized advertising based on users’ preferences.

The program is intended to supplement existing newspaper-based marketing programs for retailers by delivering other key benefits like incremental reach, cost efficiency, flexibility in regional pricing and product availability, as well as the opportunity to deliver advertising throughout the week – not just on Sundays when circulars appear most often.

“The largest driver of in-store traffic for retailers has traditionally been the print circular, and the Yahoo! Circular program is designed to enhance that,” said Steven Feuling, category development officer for Yahoo!. “Harnessing our deep insight into user interests, Yahoo! can help retailers speak to consumers on a level that is more personal and engaging by putting just the right products and marketing messages in front of an interested shopper at just the right time.” 

As part of the program, Yahoo! Circulars will be powered by content from ShopLocal, the leader in multi-channel shopping and advertising services.  ShopLocal helps retailers drive in-stores sales by converting their local print promotions and Sunday circulars into engaging and dynamic online formats.   Yahoo! will take these localized promotions one step further by presenting personalized promotions to consumers across the breadth of the Yahoo! Network.

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Costco May comps down 1%

BY CSA STAFF

Costco reported net sales of $5.47 billion for the month of May, a decrease of 5% from $5.77 billion in the same four-week period last year.

U.S. comparable-store sales, excluding the impact of gasoline, were down 1%.

 

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