March 12, 2010 |
Video game sales in the U.S. plunged 15% in February as skittish consumers continued to ratchet back their spending. The bleak sales report from the NPD Group marks the 10th monthly decline in the last 12 months. Game sales fell to $624 million. Console sales dropped 20% to $426 million, while sales of peripherals such as game controllers slipped 1% to $204 million. The drop occurred despite three major titles released last month: BioShock 2 from Take-Two Interactive Software Inc., Dante's Inferno from Electronic Arts Inc., and Heavy Rain from Sony Corp.
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.
November 21, 2009 |
There on the left is the plush booth where Dustin Hoffman's character shocked his -- or would that be her? -- agent into ordering a double shot of vodka in the film "Tootsie." Paul McCartney once strolled solo through the revolving door, sat at the shiny bar and ordered a margarita in a martini glass. Years ago, an unknown named Madonna might have checked your coat. The Russian Tea Room, with its rich red and deep green decor, still reeks of glamour. But some things have changed.
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.