Friday, May 24, 2013

Friday Reading List

A relatively short reading list this Friday...enjoy the long holiday weekend!
  • Study Says Retailers Often Underutilize Customer Data (AT Kearney)
  • Retail Therapy: One In Three Recently Stressed Americans Shops To Deal With Anxiety (HuffPost)
  • Mobile influences 45% of in-store purchases (Mobile Commerce Daily)
  • Infographic: How does same-day fulfillment work? (
  • Wal-Mart Puts Its Faith in Big Data for Mobile Strategy (CNBC) and Wal-Mart Plasters Stores With Green Dots to Stay Stocked (Bloomberg)
  • Luxury brands position for U.S. boom (Reuters)
  • Hidden in Plain Sight, Tiny Mall Kiosks Make a Surprisingly Big Impact (NY Times)
  • The Consumer Psychology Behind Warby Parker’s $95 Pricing for Eyeglasses (Time)
  • Shopping represents 45% of U.S. miles traveled (mnn)
  • E-Commerce Trend Tracker: A Look At How People Shop Online (Shopzilla)
  • Google Follows Amazon's Lead on New Shopping Site, Delivery, Other Services (WSJ)
  • More Hispanic shoppers use mobile than general market shoppers (Chain Store Age)
  • Retail on the Rebound: Spirits High at ICSC Event (Commercial Observer)

Friday's Retail Quick Fact: Kate Spade increased sales per square foot from $631 in 2007 to $1,016 in 2012; total brand revenues jumped more than five-fold over that period, from $90 million to $462 million.

Unfortunately for Fifth & Pacific, its other 2 brands didn't fare as well over the past 5 years: Sales per sq ft at Juicy Couture declined from $1,158 to $685 and total brand sales were roughly flat, and sales per sq ft at Lucky Brand fell from $587 to $440, with total brand sales growing by just 1.8% annually.

Google Copies Amazon's Playbook (WSJ)

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