Tuesday, February 26, 2013

Tuesday Reading List

  • For JC Penney's Heralded Boss, the Shine Is Off the Apple (WSJ)
  • Rich, Poor Consumers Hit by Clashing Forces (Fox Business) and Why Consumers May Be On Crash Course (CNBC) and Too Soon To Blame Payroll Tax For Stagnant Retail Sales? (NPR)
  • Infographic: What Are the Benefits of In-Store Mobile Commerce? (Business2Community)
  • Amazon May Seem Unstoppable, But Google Is Powering the Counterattack (Wired)
  • MasterCard aims at mobile payment market with launch of "digital wallet" (Reuters)
  • Invest in Your Customers More Than Your Brand (HBR)
  • Macy’s CEO Lundgren Says He Was Shocked to Learn of Martha Stewart Deal (Bloomberg)
  • Retailers expect strong M&A wave to continue in 2013 (MarketWatch)
  • Eyewear Innovator Warby Parker Attracts More Big-Name Investors (DealBook)
  • 63% of consumers used more than one device to holiday shop (Mobile Commerce Daily)
  • Are 3-D printers the appliance of the future? (Star Tribune)
  • Apple Can't Build Stores Fast Enough To Keep Up With Sales & Traffic Growth (GigaOM)
  • Brick-and-Mortar Stores Targeting Tech-Savvy Startups (WSJ)
  • What Barnes & Noble’s Retail Arm Might Be Worth (NY Times)
  • Foursquare Partners with Visa & MasterCard to Give Discounts When Users Shop (AdAge)
Today's Retail Quick Fact: Abercrombie & Fitch grew e-commerce sales 26.8% to $700.7 million last year. Online sales have increased at a 25.9% compound annual growth rate over the past 7 years, from just 5.1% of total revenues in 2005 to 15.5% of revenues in 2012.

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