Retail Shopping

Strong sales at CouponCabin.com Mirror latest Retail Industry ...

2007-01-16T01:23:00.000-08:00

Strong sales at CouponCabin.com Mirror latest Retail Industry ...

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Strong sales for CouponCabin.com are mirroring the latest release of economic indicators. This week the Commerce Department's retail report is expected to announce that with September numbers, sales are up for the third straight month for U.S. retailers. CouponCabin.com is also seeing a strong month over month increase in sales and great promise for a strong holiday shopping season, particularly with online shoppers.

Based on CouponCabin.com numbers from over the Labor Day weekend, Scott Kluth, founder of CouponCabin, is forecasting a strong holiday shopping season. Visits to CouponCabin were up dramatically over the months of July (148%), August (54%) and September (205%) 2006 compared to the same months in 2005. In September alone, online shoppers clicked on over 754,000 "coupons and deals" and used them for over $6.2 million in sales for merchants resulting in consumer savings of $486,000.

AtomicShopping(TM), an Innovative On-Air and Internet Based ...

2006-12-20T22:22:00.000-08:00

AtomicShopping(TM), an Innovative On-Air and Internet Based ...

MINNEAPOLIS, BUSINESS WIRE -- AtomicShopping(TM) TV premiers October 17th in the Twin Cities on Comcast(R) Cable's Channel 13 from 10:00 P.M. to Midnight Tuesdays and Thursdays and 11:00 A.M. to 1:00 P.M. on Saturdays (channel 23 for former Time Warner(R) subscribers). AtomicShopping.Com(TM) is available 24x7 and will Webcast the TV show on a worldwide basis.

AtomicShopping(TM) turns the traditional auction "upside down". While traditional auctions, like those on eBay(R), ask that you bid the highest price, with AtomicShopping's(TM) reverse auction the price automatically begins dropping until all of the items are gone or time runs out. You reserve an item as the price begins dropping to guarantee you don't loose out. At AtomicShopping(TM) everybody who buys is a winner by being guaranteed to pay the lowest price when the final item is sold or the auction time runs out.

London's Oxford Street May Evict `Cheap' Stores, Official Says

2006-12-14T00:59:00.000-08:00

London's Oxford Street May Evict `Cheap' Stores, Official Says

Oct. 11 (Bloomberg) -- London may evict ``cheap'' or rundown stores on Oxford Street, the city's main retail area, to improve the thoroughfare and fend off competition from shopping malls, said Simon Milton, leader of the local Westminster Council.

``We must be clear that maintaining a reputation for being quality street, not the bargain basement, is essential to keeping the West End ahead of the chasing pack,'' Milton said in a speech to retailers in London yesterday.

Milton, London Mayor Ken Livingstone and retailers are discussing a plan to increase investment in the street, which includes department stores John Lewis and Selfridges, and attracts about 200 million visitors a year. The proposals include replacing buses with a tram and making the area more friendly for families and pedestrians.

Transcript of Measure J cyberdebate

2006-11-24T19:14:00.000-08:00

Transcript of Measure J cyberdebate

Proponents and opponents of Measure J on the Nov. 7 San Luis Obispo County ballot, argued their positions during The Tribunes second cyber debate, Wednesday, Oct. 11, from 9 a.m. to 10 a.m.

Proponents panel includes panel includes Vic Montgomery, John Shoals, Michael Morris, and Dave Cox. Opponents panel includes Jan Marx and Cydney Holcomb.

Measure J, a citizen initiative, calls for 530,000 square feet of retail development, 60 units of housing, an organic farm, a farmers market, a butterfly sanctuary, sports fields and other activities. The commercial element would take up more of the land than any of the other uses, with about 51 acres devoted to shopping. The market would feature several anchor stores, including Target and Lowe's.

The location is the Dalidio Ranch between Madonna Road and Highway 101 near the southern entrance to San Luis Obispo.

New Book by Pam Danziger, Shopping: Why We Love It and How ...

2006-11-14T22:50:00.000-08:00

New Book by Pam Danziger, Shopping: Why We Love It and How ...

STEVENS, Pa.--(BUSINESS WIRE)--Americans love to shop! At least the majority (70 percent) do who say they often or regularly shop just for fun. In the last few years as the retail industry approaches $4 trillion in sales, the number of retail shopping destinations has exploded. With many more stores available to them, shoppers today demand more when they shop than just to select merchandise — they want new experiences too.

Some of the nation's largest retailers, notably Gap, Pier 1, Sharper Image and Zale, have been slow to respond to the new trends in shopping. Others are making historic changes to transform shopping in their stores to make it more fun. For example, Macy's has just gone national, rebranding its 800 regional department stores and launching an aggressive advertising campaign to the upbeat tune "Dancing in the Streets", while Wal-Mart has abandoned it's 'one-store-fits-all' model for a local initiative based upon a neighborhood demographics that gives local managers more control over the stores' merchandise and the shopping experience.

Consumers Procrastinate Online Holiday Shopping

2006-11-08T00:39:00.000-08:00

Consumers Procrastinate Online Holiday Shopping

Holiday shoppers are expected to spend $32 billion online this season, with purchases happening well past ground shipping cutoff dates. That's according to "Online Retail Holiday Forecast, 2006," a report from JupiterResearch.

The expected $32 billion in online sales accounts for an 18 percent increase over last year.

"This holiday season, a lot of growth will come from increased spending," said Vikram Sehgal, research director at JupiterResearch. "There are more people buying online, but the creator of growth will be in increased spending per consumer buying throughout the holidays."

The number of shoppers will likely reach 114 million, a 6 percent increase over the 2005 holiday season. "The percentage of the population that doesn't buy online is fairly small," said Sehgal.

Energizing Economic Transformation through Venture Capital

2006-10-21T01:33:00.000-07:00

Energizing Economic Transformation through Venture Capital

Previous speakers discussed details of private equity financing and strategies: such as fundraising, completing due diligence work, and examining exit strategies. I want to take a step back, and look at a more macro picture: and to discuss with you how we can stimulate "economic transformation in Nigeria through venture capital."
2. It is generally agreed that official development assistance from multilateral and bilateral institutions would be inadequate to support Africa's long-term development needs . Africa's long-term development must be driven by economic growth from within, and this requires private capital.
3. In preparing for this lecture, I took a look at some of the work which had been done on private sector development in Africa, and what the existing gaps were.

â‚¬65 million deal announced by Cork-based CMC Capital; Irish ...

2006-10-12T01:15:00.000-07:00

â‚¬65 million deal announced by Cork-based CMC Capital; Irish ...

CMC Capital, the Cork-based wealth management and property investment division of Crowley & McCarthy Chartered Accountants, has announced the completion of a 65 million property deal to purchase a well-known shopping centre in Hamburg, Germany. The Bahnhof Altona shopping centre is situated in a prime location at the citys Altona rail station, which is used by 100,000 city commuters every day.

The northern port city of Hamburg, with a population of 1.8m, is one of Germanys most prosperous. This shopping centre, with a total area of 15,850 square metres, has a mix of leading retail chains, an expansive food court, and 500 multi-storey car parking spaces. The initial yield from the shopping centre is 6%. The investment has been made on behalf of CMC Capitals German Commercial Property Syndicate clients. We are pleased to have acquired such a prestigious property for our investors, said Richard Kingston, Director of CMC Capital. The property contributes to the positive cash flows of the syndicate thanks to the relatively high yield, and it also has excellent capital appreciation prospects.