Between 2001 and 2008, more than 35,500 new stores – from warehouse clubs, supercenters and home improvement to convenience and grocery – opened around the U.S.  And while almost all categories of stores showed significant growth (except for drug stores, toy stores and electronics stores, which actually contracted) during the eight years studied, some formats showed greater promise than others.  According to new findings from Nielsen, the economic turmoil of the last year or so has already had a profound effect on the …

According to Nielsen, discretionary shopping trips continued to decline dramatically in November, as consumers shifted purchases online and to value-oriented retailers.
Overall in November, trips to retailers declined by 2.9% from the previous year.
Retail Channel Trends
Toy stores, electronics stores, and department stores saw the most dramatic declines in the number of shopping trips last month vs. a year ago.  Trips to toy stores dropped by 23%, trips to electronics stores were down by 21%, and trips to department stores fell by 17%, Nielsen reported.
Retail channels offering low prices and strong value …