Posts Tagged ‘ stores ’

Wal-Mart anticipates great World Cup results

Tuesday, June 8th, 2010

One of the world’s leading retailers is forecasting a run on products in its international stores should those countries make the World Cup play-offs.

Wal-Mart operates in eight of the 32 nations that have made it to the FIFA World Cup 2010 in South Africa, and is bracing itself for a boom if the national football team is successful.

Rick Bendel, the international chief marketing officer for Wal-Mart, said that revenue at outlets which had been in operation for a minimum of 12 months before the finals could anticipate a growth of between two and four per cent – with an additional one to two per cent expected if the national team makes the semi-finals.

Bendel said the tournament was a huge television event, and products associated with television such as TV sets, couches, food, drinks and memorabilia would all expect to sell heavily over the tournament. Bendel also suggested that in the UK Asda, which operates under the parentage of Wal-Mart, could benefit from extra revenue in the hundreds of millions of pounds.

FIFA have signed an exclusive agreement for World Cup merchandise with Wal-Mart through a subsidiary, leaving the retailer in the prime position of being able to capitalise on sales of items such as official footballs, beer mugs and plates.

Wal-Mart has stores in 14 countries outside of its US home, with Brazil, Argentina, Japan and Mexico all featuring at the World Cup, while the English team is sponsored by rival supermarket giant Tesco.

Fashion stores using vanity sizing to deceive customers

Tuesday, April 20th, 2010

Anyone who has, of late, been pleasantly surprised to find themselves squeezing into a smaller dress size, may be disappointed. A new survey has discovered that deception is afoot with unwitting shoppers being deliberately deceived by a ‘vanity sizing’ ploy used by stores to flatter customers, in which clothes are deliberately made bigger to convince consumers they are buying smaller sizes.

A number of leading high street retail stores, including prominent labels Gap and Marks & Spencer, appear to have employed the deception as their measurements have become larger while the label size remains the same. The study also found a wide variance of sizes across stores dependent on the type of customer the target market is. For example, a Size 10 at Topshop – which is popular among younger women – is likely to be significantly smaller than the more mature aged Zara range.

Marks & Spencer claims that the patterns given to suppliers, or block sizes, have remained the same since 2003, but acknowledged that it had “tweaked” sizes on its website, with measurements increasing by two inches on occasion – equivalent to an extra size.

The study found that a test model, nominally a Size 14 under the British standard sizing chart, became a Size 12 at most high street stores and even a Size 10 at Marks & Spencer. The test further revealed that a Marks & Spencer Size 16 has grown from 38in around the bust, 31.5in around the waist and 41in around the hips back in 2003 to become 39.5-33-43 in 2010.