November 24, 2009 |
Adele Cabot and her husband used to dine out three or four times a week, regularly spending $75 to $100 at a sushi bar sampling rainbow rolls and yellowtail nigiri sushi. But that changed after Cabot, an adjunct professor of theater at UCLA, had to take a 6% salary cut. The couple now eat out half as much and frequent less expensive Mexican and Italian places. "I just don't want to spend the money to eat out a lot," Cabot said. With Thanksgiving this week and Christmas next month, restaurants are eager to win back customers such as Cabot who seemed to disappear amid a brutal summer for the nation's eateries.
March 28, 2013 |
Port Washington, N.Y., based market research firm NPD Group reports that sales of basketball footwear were up 14% dollar-wise in 2012 compared with the previous year, with January and February 2013 showing sales gains on the first two months of 2012, up 11% and 6%, respectively. According to the results of NPD's recent study, which tracked sales of performance, sports lifestyle and classic basketball shoes at athletic specialty/sporting goods stores, department stores, national chain and footwear chain stores, hoops-related kicks clock in as " one of the fastest growing athletic footwear categories.
January 15, 2013 |
Past restaurant marketing campaigns have usually featured sexy patrons having a good time with friends or their adorable young families. But according to new research, maybe it's time food-service companies started focusing more on silver foxes. Historically, baby-boomer consumers and older customers have been less likely than younger peers to visit dining establishments. But that's changed since the recession, according to the NPD Group research firm. In the last five years, graying patrons have grabbed an increasing share of restaurant traffic, with more visits to every segment of the restaurant industry than before the downturn.
August 14, 2009 |
The video game industry experienced a stomach-churning 29% drop in U.S. sales in July, its third-worst year-over-year slide since January 1995, when NPD Group Inc. first began tracking sales data. The monthly decline, the industry's fifth consecutive drop, means game console and software sales are now down 14% from January through July this year compared with the first seven months of 2008. To climb out of the red zone, sales from August through December would need to grow 11% from a year earlier, NPD analyst Anita Frazier said.
July 21, 2010 |
The allure of ants may escape most people, but Uncle Milton Industries Inc. has based decades of success on the creatures. The Westlake Village toy maker is famed for inventing the ant farm in 1956 as well as other playthings in the science-and-nature niche. Uncle Milton's Ant Farm is so popular and has spawned so many imitators that company President Frank Adler may be only half joking when he says: "We do supply the ants from a secret source; we'd tell you but then we'd have to kill you. ... Competition is always seeking out that information."
June 29, 2008 |
We ask a lot of our refrigerators. That once-humble big white box still may be big and it still may be white, but manufacturers are trying hard to make it anything but humble, arming it with an array of capabilities, including spitting out three types of ice on command and alerting you that it's ailing, even if you're out of town. Manufacturers who displayed their wares recently at the Kitchen/Bath Industry Show in Chicago said they were packing the next generation of refrigerators with all manner of techno-wizardry and just plain novelty because they had to. Your good old fridge is probably good (though it probably is, indeed, old)