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Here’s The Excuse For Why Black Friday Sales Were DOWN Nearly 2% This Year

Source: http://www.businessinsider.com/black-friday-sales-down-18-2012-11

macy's black friday

Expect to hear a lot about “pulled forward demand” in the coming weeks.

The firm ShopperTrak reported yesterday:

ShopperTrak, the world’s largest counter of retail foot traffic, estimates that, when compared to Black Friday last year, retail foot traffic rose 3.5 percent, to more than 307.67 million store visits. Retail sales decreased 1.8 percent, however, with shoppers spending an estimated total of $11.2 billion yesterday.

But then it added:

“Black Friday continues to be an important day in retail,” said Bill Martin, ShopperTrak founder. “This year, though, more retailers than last year began their ‘doorbuster’ deals on Thursday, Thanksgiving itself. So while foot traffic did increase on Friday, those Thursday deals attracted some of the spending that’s usually meant for Friday.”

One analyst, who preferred to remain anonymous, who was hanging out at a mall on Black Friday told BI:

…the pulled forward promos (starting weds and midnight openings) does seem to have pulled some traffic from Black Friday. Mall traffic seems thinner.

So this week, when the analysis is done, that will be the explanation.

SEE ALSO: Black Friday photos from around the nation >

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Sunday, November 25th, 2012 news No Comments

Amazon Opening TV and Movie Development Center

Source: http://gizmodo.com/5928173/amazon-opening-tv-and-movie-development-center-in-london

Amazon Opening TV and Movie Development Center in LondonWe’ve known for some time that Amazon is planning to make original TV content. But now Bezos and co have announced that Amazon is turning its back on the US, instead choosing to develop a center in London to spearhead its move into media.

The Telegraph reports that the Seattle-based firm has named London “the obvious choice” for the new “digital media development” center, because “Britain has led the way in pioneering on-demand services which allow users to rent films and television over the internet.”

Amazon has announced today that it’s taking over an eight-story, 47,000 square foot office near Barbican tube station, in the heart of London. Speaking to the Telegraph, Paula Byrne, the center’s managing director, explained:

“I wouldn’t underplay the value that the UK has brought to this sector. When you look at the specialist skills that are available here, it is the obvious place to come… Innovation is part of the Amazon DNA and we are creating a centre of excellence to design and develop the next generation of TV and film services for a wide range of digital devices.”

Amazon currently owns two London-based on-demand media services—LoveFilm and Pushbutton—and the staff from those are excepted to move in to the new building right away. From there, who knows what direction Amazon will head in. [Telegraph]

Image by gothopotam

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Monday, July 23rd, 2012 digital No Comments

Apple Stores Perform 17 Times Better Than The Average Retailer (AAPL)

Source: http://www.businessinsider.com/apple-stores-perform-17-times-better-than-the-average-retailer-2012-4

According to new data from RetailSales, Apple Stores still lead in sales per square foot by a significant margin, reports Asymco.

Sales of $300 per square foot and above is considered respectable, with the average for US malls being $341 and the average jeweler hitting $600.

Apple blows these numbers out of the water, fetching just over $6,000 per square foot for its stores.

asymco

DON’T MISS: The secrets of Apple’s retail success >

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Wednesday, April 18th, 2012 news No Comments

We Are Using Way More Paper Than Ever

Source: http://gizmodo.com/5898830/were-using-way-more-paper-than-we-ever-have-before

We're Using Way More Paper Than We Ever Have BeforeApparently human beings are still Tree Enemy Number One, sneaking past beavers and termites. In fact, if you are reading this in America, you personally killed 5.57 40-foot trees last year thanks to all of your paper usage. But don’t feel too bad: Belgians consumed a whopping 8.5 trees per person, which is like taking four Rockefeller Center Christmas trees and setting them on fire.

According to The Economist, worldwide paper consumption has increased by half in the last 30 years, a puzzling development for an era when “paperless” and “green” are as buzzy as words can get. You’d think that with the rise of computers, iPads and smartphones that paper consumption would shrink, but apparently humans are still ripping down spruces and pines at an alarming rate. So save a tree—buy a Kindle. [The Economist]

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Wednesday, April 4th, 2012 news No Comments

Fulfill Your Dinosaur-Riding Fantasies for Only Fifty Bucks [Dinosaurs]

Source: http://gizmodo.com/5878495/fulfill-your-dinosaur+riding-fantasies-for-only-fifty-bucks/gallery/1

Fulfill Your Dinosaur-Riding Fantasies for Only Fifty BucksSo far science has completely failed to deliver a real Jurassic Park. Hate to be the one to tell you this, but you’ll never actually ride a Tyrannosaurus rex. Luckily, the geniuses at Dinoprints are really good at Photoshop.

For $50, Dinoprints will plop an image you upload onto an illustration of a huge prehistoric beast and print it out for you as a two by three foot poster. Dinoprints takes this business very seriously. The company provides detailed instructions on precisely how to take photos so the final product looks as real as possible, and the prints are supposedly rendered using the latest 3-D technology. If a T. rex doesn’t quite strike your fancy, you can also choose to ride a Spinosaurus or a wooly mammoth.

They should make a $5 Facebook-photo-size version. You know you’d buy the hell out of that. [Dinoprints via Nerd Approved]

Fulfill Your Dinosaur-Riding Fantasies for Only Fifty Bucks


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Tuesday, January 24th, 2012 news No Comments

Compete Holiday Insights

Source: http://blog.compete.com/2011/11/04/compete-holiday-insights%e2%84%a2-2011/

With Halloween behind us, retailers are now full swing into the Holiday shopping season.  And consumers aren’t too far behind.  By the end of October, a little more than half of consumers surveyed said that they have begun their Holiday shopping.  In fact, 1 out of 10 consumers have completed at least half of their expected Holiday shopping.

Toys and games, electronics, and gift cards were popular gift items to purchase last week.  And while 1 in 3 consumers bought books the week end Oct 16, only 14 percent purchased books last week.  Santa was in a part mood last week, as can be seen by the jump in event ticket purchases.

Overall spend increased, probably do to the increase in higher ticket value items.  The average consumer spent $190 dollar online and $264 dollars in-stores on Holiday gift and items.  At this point in the season, consumers are still favoring in-store purchasing.

And where are consumers spending all of those in-store dollars?  Walmart, Best Buy, and Kohl’s were the most popular retailers to shop at last week.  Macy’s saw a large jump in foot traffic, probably due to their Party & Holiday Home sale.

Compete Holiday Insights™ will be your source for tracking consumers’ online and offline holiday shopping, so stay tuned for more posts like this in the coming weeks.


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Wednesday, November 9th, 2011 news No Comments

Dr. Thaker is now accepting new patients

as I was walking home today along Park Avenue in New York City …  this is what I saw…  🙂  

the picture below is the "old way" of getting new patients — ZocDoc is the "new way."  The old way relied on people walking by and seeing the sign, then remembering it, then remembering the number when they needed a foot doctor, etc. (ironically, if they had foot problems they may never even walk by to see the sign on Park Ave). 

dr-thaker-accepting-patients.jpg

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Wednesday, June 30th, 2010 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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