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Top 10 Trends for Retailers in 2011

BY CSA STAFF

The retail analysts at Standards & Poor Equity Research predict that 2011 will be a good year for retailers as consumer spending rises 3%, with sales boosted by the extension of the Bush-era tax cuts and the 2% payroll tax cut for all workers for one year.

"We think this ‘tax holiday’ will have a significant impact on spending, as the median income family earning about $50,000 per year will receive an additional $1,000 in its paychecks and those earning $106,800, the current limit of FICA taxes, and above will take home about $2,100 more this year,” said Marie Driscoll, group head of the Consumer Discretionary Retail analysts at S&P Equity Research.

In addition to the positive sales gain, the S&P analysts identified the following trends for retailers in 2011 and the medium-term future:

  1. Many retailers, such as Abercrombie & Fitch, Polo Ralph Lauren and Tiffany, will increasingly focus on international markets (especially emerging markets) to boost growth rates. Also expected: opportunistic domestic store closures for many retailers.
  2. Aggregate online retail growth of 10% as consumers increasingly migrate to online sites for convenience and value. At the same time, consumers are becoming increasingly channel agnostic.
  3. Mobile commerce will become more common, as demands by consumers to price comparison shop prompt retailers to enable Wi-Fi hot spots in their stores. In addition, sales clerks, like consumers, will also be empowered by greater access to information.
  4. Companies will likely rely more on social media, not only by responding to consumer complaints, but also to market products and unveil promotions.
  5. Consumers will increasingly seek out organic or green products that are better for the environment, but not at the cost of foregoing fashion.
  6. Retailers will likely increasingly cater to (and meet) individual consumer demands by providing greater service and marketing through the use of computer algorithms to analyze past shopping activity. My Macy’s, which now individualizes 1,000 mailings to its customers, is a great example of this.
  7. Continued bifurcation of the retail market with high-end luxury stores benefiting from the wealth effect and low-end stores being aided by value-seeking consumers.
  8. Consumers are always seeking new and exciting experiences. Retailers that are able to thrill, surprise, delight, and engage, will probably win.
  9. Retailers and brands will test the waters of mass collaboration, providing the consumer community input in product design. This further engages the consumer, and brings about a whole new meaning to the word "personalization."
  10. Coupons are fast becoming ubiquitous through increased connectivity. Be it online or on their mobile phones, more and more consumers are searching for coupons as a means for creating value from their purchase.
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May-14-2013 09:54 am

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S.Suny says:
May-14-2013 09:54 am

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williamson says:
Mar-30-2013 09:19 am

"We think this 'tax holiday'
"We think this 'tax holiday' will have a significant impact on spending, as the median income family earning about $50,000 per year will receive an additional http://www.babul-ilm.com/ $1,000 in its paychecks and those earning $106,800, the current limit of FICA taxes, and above will take home about $2,100 more this year,” said Marie Driscoll, group head of the Consumer Discretionary Retail analysts at S&P Equity Research.

williamson says:
Mar-30-2013 09:19 am

"We think this 'tax holiday' will have a significant impact on spending, as the median income family earning about $50,000 per year will receive an additional http://www.babul-ilm.com/ $1,000 in its paychecks and those earning $106,800, the current limit of FICA taxes, and above will take home about $2,100 more this year,” said Marie Driscoll, group head of the Consumer Discretionary Retail analysts at S&P Equity Research.

D.Spencer says:
Mar-18-2013 10:06 am

I have to host this surprise
I have to host this surprise engagement party for my brother and his fiance, I offered to help and now I am browsing all over the internet for some party etiquette tips. I want it to be uniquely themed and suitable to their tastes in terms of design. That is why I need to shop for so many things.

D.Spencer says:
Mar-18-2013 10:06 am

I have to host this surprise engagement party for my brother and his fiance, I offered to help and now I am browsing all over the internet for some party etiquette tips. I want it to be uniquely themed and suitable to their tastes in terms of design. That is why I need to shop for so many things.

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Goody’s Modern Organica line coming to Target

BY CSA STAFF

ATLANTA – Hair accessories brand Goody is gearing up for spring with the launch of its new Modern Organica collection, exclusively available at Target next month.

This season, headbands comprised of shells and barrettes dressed in colorful knits will help beauty mavens get back on-trend while staying true to their roots. Mother of pearl embellishments provide a feminine feature, while earth stones and nature-inspired designs add a glamorous touch.

The Goody Modern Organica collection has a suggested retail price of $2 to $6.99. The collection will be exclusively available at Target stores from Feb. 27 to June 11.

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Supervalu customers tackle cravings during Super Bowl

BY CSA STAFF

MINNEAPOLIS — During the Super Bowl, football fans look forward to guilt-free snacking and will fumble on healthy eating goals for the day, according to the 2011 Supervalu Snack Down Survey by Harris Interactive.

Topping the list of go-to snacks during the Super Bowl include dips and spreads, up from last year to 30%, followed by chicken wings (22%) and pizza (17%). Chips and other salty snacks, such as peanuts, popcorn and pretzels, dropped to fourth place (14%). Rounding out the category were hamburgers, hot dogs and bratwurst at 9%. Places to purchase these items, the retailer’s survey found, were local supermarkets (80%), followed by discount stores, mass merchants or warehouse clubs (42%); restaurants, caterers, gourmet food stores or delicatessens (9%); and convenience stores (5%).

The survey also found that the amount fans plan to spend on foods and snacks dropped, compared with last year: Half of those hosting a party plan to spend $50 or less, versus $100 or less in 2010.

“It’s clear from the survey that fans are betting on finding convenient and affordable foods to serve at their playoff and Super Bowl parties,” said Julie Dexter Berg, Supervalu’s chief marketing officer. “We recognize that shoppers will be looking for some simple ideas to round out their game-day party menus.”

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