Survey: Low-income shoppers amenable to sustainability premiums
Atlanta A study released Friday by retail consulting firm Miller Zell found that low-income shoppers are more willing to pay a premium for sustainability than their higher-earning counterparts.
Results of the “Green Scene” survey showed that while income does not always indicate a propensity to pay more for green products, low-income shoppers are most willing to pay a premium for products marketed as green.
Women are also more likely than men to pay a premium for similar products, the study found. And, despite a demonstrated interest from consumers, retailers and manufacturers are missing the mark in promoting and providing information on green products.
Bi-Lo names new merchandising, store ops execs
NEW YORK Bi-Lo has appointed Bill Nasshan to SVP merchandising and marketing, and Anthea Jones to SVP store operations.
Nasshan most recently served as SVP marketing and merchandising at Shaw’s Supermarkets. Prior to that he was SVP merchandising at Borders Books Music and Video and a category management consultant for The Partnering Group.
Jones has been VP, non-foods and pharmacy; regional VP; and director of customer Service at Bi-Lo. He began his career at Food Lion as a courtesy clerk.
Blockbuster to sell netbooks at select stores
DALLAS Blockbuster continues to look for new ways to diversify its offerings. This time, the movie rental company is selling netbooks at 1,000 U.S. stores.
“Blockbuster strives to provide consumers with convenient access to media entertainment when and where they want it. Enhancing our consumer electronics offerings with an affordably priced netbook that allows customers to access our online rental, retail and download services, whether they’re at home or on the road, is a natural fit,” said Joanne DeLorenzo, VP product for Blockbuster Inc.