Marine Stewardship Council launches global campaign on sustainable seafood

Marine Stewardship Council launches global campaign on sustainable seafood

LONDON, 8-Jun-2020 — /EPR Retail News/ — High levels of concern for our oceans are driving a new wave of consumer activism, research for the Marine Stewardship Council reveals, as consumers increasingly ‘vote with their forks’ to safeguard our oceans.

The largest survey of its kind involving more than 20,000 people across 23 countries, conducted by independent insights consultancy, GlobeScan, reveals that 6 in 10 seafood shoppers (58%) already made changes to the way they choose and buy seafood in the last year in order to protect fish in our oceans.

Consumer activism includes switching to brands or products that say they help protect the oceans or fish (23%), buying different seafood species (17%) and changing where they buy seafood (15%). Eight in 10 seafood consumers (83%) are prepared to take further action in the future to safeguard our oceans.

That action is being fuelled by the worry held by nearly 1 in 3 people globally (31%) that their favourite fish won’t be available to eat in 20 years’ time. A higher proportion of 18 to 24-year-olds (37%) fear their favourite fish will be off the menu by 2040 than the over 55s (27%). Young people and parents are also more likely to have taken action in the last year1 and be willing to take action in the future to protect fish and seafood2.

For plenty more fish to be left in the sea, two thirds (65%) of seafood lovers say buying fish and seafood from sustainable sources is vital, and two fifths (41%) say they notice ecolabelled products when shopping.

Oceans contain up to 80 percent of life on earth3, with seafood providing an important source of protein to more than 3 billion people across the world4. However, a third of fisheries around the world have been fished beyond sustainable limits, and a further 60% are fished to their maximum capacity5.

This World Oceans Day (8th June), the independent, not-for-profit Marine Stewardship Council is launching a new global campaign Little Blue Label, Big Blue Future. The aim is to encourage more consumers to switch to seafood certified to its rigorous ‘blue label’ standard.

Rupert Howes, Chief Executive at the Marine Stewardship Council said: “With overfishing, climate change and pollution putting increasing pressure on our oceans, the choices we make as consumers have never been more important. This survey shows people really do care where their seafood comes from and how it is sourced.

“At a time when the seafood industry is facing unprecedented challenges as a result of the coronavirus pandemic, we can all play a part in supporting fishers committed to sustainable practises, helping to protect marine ecosystems and safeguarding our seafood supplies for future generations. Choose certified sustainable seafood by looking out for the blue MSC label.”

SOURCE: EuropaWire

Dunkin’ Donuts survey: two-thirds (67%) of adults are looking forward to summer more this year than in previous years

Dunkin’ Donuts survey: two-thirds (67%) of adults are looking forward to summer more this year than in previous years

 

  • Two-thirds of adults are looking forward to summer more this year, and nearly 40% would take a pay cut in exchange for more time off this summer
  • Dunkin’ will also host a special one-day only Snapchat Geofilter Sweepstakes for a chance to win $10,000

CANTON, MA, 2017-Jun-21 — /EPR Retail News/ — June 21 marks the first day of summer 2017, and a new survey commissioned by Dunkin’ Donuts, a summer beverage destination, shows that two-thirds (67%) of adults are looking forward to summer more this year than in previous years. In fact, nearly 40% say they would actually take a pay cut in exchange for more time off this summer. Rising temperatures can also equal rising FOMO, as nearly 40% also claim their “Fear of Missing Out” increases during the summer.

Dunkin’ Donuts, keeping guests energized with iced and frozen beverages all season long, commissioned the independent survey to take a closer look at the many ways people are making the most of their summer this year. Among some of the additional findings:

  • Why are people so psyched for summer? Top reasons include lack of time to see friends and family this year, working harder this year than in past years, and poor weather this spring.
  • What quintessential summer activities do Americans want to do most this season? Number one is a road trip with friends or family, with spending time at the beach or pool a close second, followed by summer barbecues or picnics.
  • Will coffee fuel folks’ fun this summer? Nearly two-thirds (65%) agree that a great cup of coffee makes their summer activities more enjoyable.
  • Sometimes summer fun is replaced by summer guilt, as more than one-third (34%) of adults admit always or sometimes feeling sorry about taking time off from their jobs during the summer.
  • Can you have summer fun without photos? One in six adults (17%) claim they would actually cut their vacation short if they couldn’t take or post photos from it.
  • For more survey results, visit the Dunkin’ Donuts blog at https://news.dunkindonuts.com/blog/Firstdayofsummer.

To celebrate the first day of summer, Dunkin’ Donuts has brewed a fun way to give fans a chance to win $10,000 to help make the most of their summer. Dunkin’ Donuts has created a special summer-themed Snapchat Geofilter available on Wednesday, June 21 only, exclusively at all U.S. Dunkin’ Donuts restaurants. Anyone who welcomes the start of summer 2017 by visiting a Dunkin’ Donuts restaurant and sending a Snap with the Geofilter to Dunkin’ Donuts (dunkindonuts) is entered for a chance to win a grand prize of $10,000. In addition, six lucky fans will win a summer’s worth of free Dunkin’ coffee. No purchase or payment or data usage necessary, legal U.S. residents, 18+. Void where prohibited. For additional terms and conditions, please visit www.dunkinpromotions.com.

On the longest day of the year, Dunkin’ Donuts is also creating the brand’s longest Instagram story ever. Fans are invited to check out the brand’s official Instagram page and follow along all-day long to see live adventures of a Dunkin’ Donuts coffee drinker celebrating the spirit of #SummerNotSorry and making the most of the season. The first day of summer is guaranteed to be filled with fun, visually-stimulating activities, all fueled by the flavors of Dunkin’ Donuts’ iced and frozen coffees.

Dunkin’ Donuts has a full lineup of iced and frozen coffee choices perfect for keeping energized throughout each and every summer day, including new Frozen Dunkin’ Coffee, iced coffee and espresso beverages, Cold Brew coffee, and ready-to-drink bottled iced coffees. For summer, Dunkin’ Donuts restaurants are serving delicious coffee flavors that perfectly capture the spirit of the season, including S’mores, Coconut Crème Pie and Butter Pecan.

Dunkin’ Donuts also has a special summer offer for its newest frozen beverage, serving a small Frozen Dunkin’ Coffee for the special price of $1.99 through July 2. Crafted to deliver the authentic taste of Dunkin’ Donuts’ Original Blend coffee, Frozen Dunkin’ Coffee is made with a special extract featuring 100% Arabica coffee to bring forward the signature flavor of the brand’s premium coffee, blended with ice and dairy for a rich, sweet and creamy beverage to keep guests energized any time of day.

To learn more about Dunkin’ Donuts, visit www.DunkinDonuts.com, or subscribe to the Dunkin’ Donuts blog to receive notifications at https://news.dunkindonuts.com/blog.

About Dunkin’ Donuts

Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned a No. 1 ranking for customer loyalty in the coffee category by Brand Keys for 11 years running. The company has more than 12,200 restaurants in 45 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit www.DunkinDonuts.com.

Survey Methodology

This survey was conducted online June 9 through June 10, 2017 among a representative sample of 999 US adults 18 years old or older by Toluna, an independent research provider, under the guidance of RF|Binder’s research team. The results are nationally representative according to the US Census Bureau statistics to accurately reflect the gender, age, income, ethnicity and region of the US general population.

Contact:

Lindsay Cronin
Dunkin’ Brands
781-737-5200
Lindsay.Cronin@dunkinbrands.com

Source:  Dunkin’ Donuts

###

IHL Group and NCR Corporation survey: Retailers who invest in technologies are more likely to enjoy high sales growth

Report found three key strategic areas of attention: seamless shopping experience, personalization and store transformation

DULUTH, Ga, 2017-Jan-17 — /EPR Retail News/ — Retailers who spend more on technology are more likely to enjoy high sales growth, according to a recent survey that IHL Group and NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today (January 14, 2017) revealed.

The Unified Commerce Landscape Report from NCR, in partnership with research and analyst firm IHL Group, found that retailers who invest in technologies designed to create seamless shopping experiences, personalization and store transformation enjoy sales boosts of up to 100 percent and more.

The report split retailers into two categories according to their sales growth, and correlated these groups with adoption of 30 different unified commerce functionalities. The research found that retailers using these technologies enjoyed a huge sales boost over rival retailers that did not use the commerce functionalities. These include:

  • Store transformation: retailers that provide mobile sales tools for staff saw 77 percent higher sales growth, those that deployed mobile POS saw 92 percent higher sales, while stores that offer in-store Wi-Fi saw a mammoth 663 percent increase in sales compared to those that do not
  • Personalization: 110 percent higher sales growth for retailers that actively market their cross-channel services; 107 percent higher average increase for those using customer preference across channels, and 84 percent more sales growth for retailers who employ loyalty programs in real time
  • Seamless experience: 102 percent higher sales growth for those using cross-channel demand planning, and 18 percent more for retailers that use order management systems – the foundation of Unified Commerce

90 large retail chains in the USA and UK were surveyed across two main categories: general merchandisers, such as department stores, specialty hard and soft goods, and food, drug, convenience, and mass merchants. The most successful general merchandisers also focused on an additional area, providing actionable analytics for store associates. More than half (56 percent) in this category are using analytics to empower in-store staff to make the best decision at the point of customer interaction.

“The last few years has seen brick & mortar retailers fighting back against the online giants, as retailers realize that bricks-and-mortar shops can provide a unique experience that you can’t get on the web,” Mark Benjamin, president and COO, NCR Corporation. “Our research shows the enormous value that can be gained from striking the right balance of investment in technologies that create a seamless shopping experience – whether online or in store – and thus, increased customer loyalty.”

Retail leaders spend on average 69 percent more on IT than other respondents in the survey, but the secret in not just in the total spent: “Successful retailers understand that they need to focus on every area simultaneously, and align these systems in a balanced and strategic way, if they are to unlock all the transformational benefits that technology can bring,” said Benjamin.

“Retailers can no longer view IT as only a cost center but a strategic resource to grow the business.  The IT spending commitment from retail leaders is having a dramatic impact on their ability to balance the top strategic priorities: creating a seamless shopping experience, creating a ‘WOW’ in-store experience, and improving customer loyalty,” said Greg Buzek, President of IHL Group. “Without the relevant budget available, others simply cannot keep up and are at most at risk.”

More information on the report can be found at: www.ncr.com/howgreenisyourgrass

NCR is leading transformational change across the entire retail ecosystem through its omni-channel software platform, channel integration & transformation and digital enablement. See its portfolios at the National Retail Federation Show (NRF) January 15-17, 2017, Jacob K. Javits Convention Center, New York City Booth #3405.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware and portfolio of services, NCR enables more than 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier. NCR is headquartered in Duluth, Ga., USA, with over 30,000 employees and does business in 180 countries.

Global website: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: http://linkd.in/ncrgroup
YouTube: www.youtube.com/user/ncrcorporation

Media Contact:
Ortrud Wenzel
NCR Corporation
+49 821 4058191
ortrud.wenzel@ncr.com

Tim Henschel
NCR Corporation
770.299.5100
tim.henschel@ncr.com

Source: NCR Corporation

Survey: 71 percent of food retailers aggressively investing in areas to improve food donations

Barriers Remain that Limit their Ability to both Donate Unsaleable Food and Recycle Food Waste 

ARLINGTON, VA, 2016-Nov-19 — /EPR Retail News/ — Food Marketing Institute (FMI), a member of the Food Waste Reduction Alliance (FWRA), is proud to join with its collaborative partners in the release of the 2016 assessment of the industry’s contributions to combatting food waste.

The Analysis of U.S. Food Waste among Food Manufacturers, Retailers, and Restaurants highlights the most opportune areas for investment in the reduction, repurposing and recycling of uneaten food.  The majority of food retailers responding to the survey, 71 percent, indicated that they are aggressively investing in areas to improve food donations.

In addition to feeding hungry people, food retail respondents said they are also investing in areas related to food waste recycling (67%), food waste reduction (63%), and food waste disposal (58%). Within these investment areas, many companies noted devoting capital and employee time into improving their food waste measurement and tracking.

FMI Senior Director of Sustainability, Tax & Trade Andrew Harig said, “The assessment is a snapshot of a broader supply chain effort to mitigate the instances of waste and ultimately get more uneaten food safely into the mouths of people and animals; the analysis serves as a guidepost for the broader supply chain to divert from landfill.

“Grocery survey respondents noted that they donate 25 percent of uneaten food for human consumption; recycle 24 percent of their food waste via compositing and another 24 percent to animal feed.  We hope our industry can continue to set an example for the nation’s grocery shoppers to do their part to waste less food at home.”

FWRA has been conducting a food waste operations survey every other year since 2012 to collect information on food waste for manufacturers, retailers and wholesalers, and restaurants. The research findings help companies better understand their efforts to reduce, donate or divert food that otherwise would go to waste.

For Media:

  • Analysis of U.S. Food Waste among Food Manufacturers, Retailers, and Restaurants can be accessed here.
  • Learn more about industry solutions and best practices on food waste here

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Contact:

Tel: 202-452-8444
Fax: 202-429-4519

Source: FMI

Topaz survey reveals what Irish parents think when it comes to choosing the right car seat for their child

New Topaz research reveals Ireland’s priorities for keeping kids safe on the road

DUBLIN, IRELAND, 2016-Aug-13 — /EPR Retail News/ — Topaz, Ireland’s largest fuel and convenience retailer, has today (10 Aug 2016) revealed the results of a new survey exposing what Irish parents really think when it comes to choosing the right car seat for their child.

Today’s survey results launch coincides with the announcement that Topaz are teaming up with Mothercare Ireland to give their customers the opportunity to avail of an expert car fitting service FREE of charge. The initiative will kick off this Friday 5thAugust at the Topaz Taney Road, Goatstown in Dublin and will be visiting selected sites until the 28th of August. Topaz are calling on their customers nationwide to check if their child’s car seat is the right fit with Mothercare Ireland’s fitting experts, who’ll be providing their top tips on saying yes to the perfect car seat.

The findings from the first ever Topaz ‘Check It Fits’ survey has revealed some very interesting facts when it comes to parents and families mindset when it comes to purchasing and fitting a child’s car seat.

To be sure – or not to be sure!
A key topic that split respondents was whether they can truly say they feel car seat confident. When asked if they were sure if they knew how to fit a car seat correctly, 29% of those surveyed admitted that while they feel they would be able to give it a go, they wouldn’t know for sure if they have fitted the seat correctly.
Just over half of us on the other hand would feel we’re experts at fitting a car seat and 6% wouldn’t even know where to start! That’s not all – just under 40% of us feel they would need to be guided by a store assistant in purchasing a car seat that’s the perfect fit.

Making a car seat choice that’s as good as new
The survey findings further solidify that it’s a family affair that’s firmly in Ireland’s driving seat. 28% of respondents noted that it would be Mum who would be the main driver for a family journey with 68% of us driving our Dads to take the steering wheel on a family road trip. Sometimes all it takes is a little teamwork to drive the right decision, with three quarters of Irish parents making that crucial call together on what car seat to buy for their child.

27% would accept nothing less than the latest car seat product on the market and perhaps it’s unsurprising then that only 5% would choose style over substance when purchasing a car seat for their newborn.

Now it’s time to Check It Fits with Topaz and Mothercare Ireland!
Throughout the month of August, Topaz and Mothercare Ireland will be embarking on a journey to help Irish motorists ensure their child’s safety with the rollout of the Check it Fits campaign. The Check It Fits roadshow will be touring the country over the coming weeks and encouraging the nation to check your child’s car seat is the right fit before taking it on the road.

Details of the full rollout will be announced by Topaz Energy on Facebook as theCheck It Fits roadshow comes to a forecourt near you, with Mothercare Ireland’s car fitting experts on hand to make sure your car seat is good to go.

Marketing Director of Mothercare Ireland, Laura Ward said: “I am delighted to be at Topaz City Avenue today to announce that we’re teaming up with Topaz and taking our Check It Fits activations back on the road. Like parents across the country, safety is a priority for us and we’re asking customers across the Topaz and Re.Store network to join us at selected forecourts nationwide and check if your child’s car seat is the right fit for your vehicle.

We hope that the results of this survey will encourage people nationwide to take some time out and spend just a few minutes with our car fitting experts in their local Topaz this August before taking their brand new seat for a spin.

MJ Tierney, Topaz Brand Manager said: “We’re delighted to partner with Mothercare Ireland as they continue to provide this invaluable car fitting service to families across the country free of charge. Whether you’re fitting a car seat for the very first time or you’re a rookie at the seat fitting game like myself, each seat fits differently and it’s crucially important for child safety to ensure that your car seat is fitted correctly.

It’s a fantastic opportunity for Topaz to partner with a fantastic brand like Mothercare to bring the Check It Fits campaign directly to our customers, demonstrating our ongoing commitment to local communities by offering vital services at forecourts nationwide’.

Contact:

Topaz Head Office Tel: +353 (0)1 202 8888
Topaz Home Heat: Tel: 1850 250 650
Topaz Fax: +353 (0) 1 282 8320

###

Topaz survey reveals what Irish parents think when it comes to choosing the right car seat for their child
Topaz survey reveals what Irish parents think when it comes to choosing the right car seat for their child

 

Source: Topaz

NACS survey: Only 44% of Americans are optimistic about the economy, down 3 points from last month

ALEXANDRIA, Va, 2016-Aug-12 — /EPR Retail News/ — Despite declining prices at the pump and a prevailing expectation that lower prices will continue, a majority of U.S. fuel consumers remain pessimistic about the overall state of the American economy, according to the latest national consumer survey released by the National Association of Convenience Stores (NACS).

Only 44% of Americans say they are “very optimistic” or “somewhat optimistic” about the economy, down 3 points from last month. Economic optimism is also down compared to this time last year, when nearly half (49%) reported feeling optimistic about the state of the economy.
Consumers in the Northeast are least optimistic (37%) and consumers ages 18-34 are most optimistic (51%).

U.S. fuel consumers report a median gas price of $2.10 per gallon, a 16-cent drop from July, and a total decline of 28 cents since June 2016’s summer high of $2.38.

As gas prices continue to drop, more drivers are noticing the trend. Nearly two in five (42%) fuel consumers say gas prices have declined in their area over the past 30 days, compared to 31% who said so in July when gas prices began to fall nationally.

Americans have noticed this trend in declining prices, and a majority expect low prices to continue. When asked whether they think gas prices 30 days from now will be higher or lower, nearly three in five (59%) say they expect prices next month to be the same or lower.

As has been the case throughout 2016, gas prices remain significantly lower than they have been in recent years. This month’s median gas price of $2.10 is 54 cents lower than August 2015’s median gas price of $2.64 and $1.40 per gallon lower than August 2014’s median price of $3.50.

It may be that, as gas prices drop, economic optimism becomes less dependent on the price of gas. Just one in five (22%) of U.S fuel consumers say that gas prices have a “great impact” on their feelings on the economy. This ties last month (July 2016) for the lowest number since NACS began its monthly consumer surveys in January 2013.

Consumers say their vehicle’s average fuel efficiency is 24.5 miles per gallon and average miles per dollar—a calculation that examines gas prices related to vehicle fuel efficiency—rose to 11.7 miles per dollar, the highest level since April.

“Consumer optimism has decoupled from gas price changes for only the second time in three years—and in both cases the news was dominated by politics. It’s likely that the recent political conventions pushed down optimism and the rancor of the campaigns is taking its toll on consumer optimism,” said Jeff Lenard, NACS vice president of strategic industry initiatives.

NACS, which represents the convenience store industry that sells 80% of the gas in the United States, conducts monthly consumer surveys to gauge how gas prices affect broader economic trends. The survey was conducted online by Penn Schoen Berland; 1,149 U.S. adults who purchase fuel for a vehicle such as a car, truck or van at least once per month were surveyed August 2-5, 2016. Summary results are available at nacsonline.com/fuelssurvey.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 154,000 stores across the country, conducts 160 million transactions a day, sells 80% of the fuel purchased in the country and had total sales of $575 billion in 2015. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

Contact:

(703) 684-3600 (phone)
(703) 836-4564 (fax)

Source: NACS

Office Depot survey reveals only 23 percent of educators have sufficient tools to Support Early Education Preparation

BOCA RATON, Fla., 2016-Aug-10 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced the results of an early education preparation survey whose findings uncovered that while almost all educators feel support of parents with children younger than school age is important, only 23 percent of educators have sufficient tools to do so.

The non-profit Center for College & Career Readiness and Office Depot, Inc.’s “Committed to Learning” initiative recently surveyed more than 3,000 educators regarding their perceptions of family readiness to prepare children for kindergarten, and the tools available to educators to support them in communicating and working with families.

A few key findings from the survey:

  • 97 percent of educators felt that communication between districts and parents before students were school aged was important or very important as part of school readiness preparation.
  • 77 percent of educators felt that parents had some of the tools they needed to prepare their children for school yet needed help from educators in those critical years before kindergarten, while 23 percent of educators felt that parents did not know how to prepare their children for kindergarten.
  • 23 percent of educators reported having sufficient tools to effectively reach out to parents, while nine percent of educators reported having nearly no tools to support their work in parent communication.
  • For those educators who have some support in communicating with parents, 69 percent indicated the need for help in using those tools to be effective in their work.

“The survey findings show the increased demand for learning initiatives that equip educators with tools to more effectively work with families,” said Becki Schwietz, senior director of K-12 initiatives for Office Depot, Inc. “We are proud to partner with school districts around the country to address the critical unmet needs of students and affect positive change at home and in the classroom.”

As part of its “Committed to Learning” initiative, Office Depot, Inc. works with school districts to solve the challenge of reaching parents of children who aren’t yet registered for school. The company conducts research and provides targeted mailing lists, and facilitates the creation and mailing of educational information, including tips, encouragement and other materials, to help education begin at home.

“Committed to Learning” has led the company to convene a national team of education experts and partners across disciplines. Having worked with thousands of school districts for more than two decades, Office Depot, Inc. has solidified a belief in the principles of equity, mastery and collaboration for successful student outcomes, and adopted a student-centric approach that maximizes district budgets while delivering solutions and expertise to meet the changing needs of students today.

Find out about Office Depot, Inc.’s education solutions at business.officedepot.com/education.

Survey Methodology/Sample Qualifications
In April 2016 the Center for College & Career Readiness conducted a survey of educators on behalf of Office Depot Inc.’s “Committed to Learning” initiative. A total of 5,208 educators (including Principals, Assistant Principals, Department Chairs, Teachers and more) participated in the survey.

About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.

Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.

The company has annual sales of approximately $14 billion, employs approximately 49,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.

Office Depot, Inc.’s common stock is listed on the NASDAQ Global Select Market under the symbol ODP. Additional press information can be found at: http://news.officedepot.com.

Contact:

Julianne Embry
561-438-1451
julianne.embry@officedepot.com

Edelman
Abby Van Uum
512-200-5341
abigail.vanuum@edelman.com

Source: Office Depot, Inc.

NACS survey: Overall consumer optimism about the U.S. economy increased three points to 47% in July

ALEXANDRIA, Va., 2016-Jul-14 — /EPR Retail News/ — Consumer optimism increased to its highest level since March as gas prices reversed a four-month climb and dropped 12 cents per gallon last month, according to the latest national consumer survey released by the National Association of Convenience Stores (NACS).

Overall consumer optimism about the U.S. economy increased three points to 47% in July, but there were significant demographic variations. Six in 10 younger consumers (60%) ages 18–34 say that they are optimistic, compared to only 37% of those ages 50 or older.

Gas prices remain much lower than they have been in recent summers. This month’s reported price of $2.26 per gallon is 53 cents lower than the reported price of $2.79 in July 2015. As gas prices have declined, U.S. fuel consumers are less likely to say that gas prices significantly affect their feelings about the economy. Just one in five (22%) of fuel consumers say gas prices have a “great impact” on their feelings about the economy, the lowest number since NACS began surveying in January 2013.

Not only are consumer less concerned about current prices, they also feel good about future price changes. Only four in 10 (41%) consumers expect gas prices to increase over the next 30 days, the lowest percentage since February. And they say that prices would have to reach an average of $4.71—more than double today’s prices—before they would consider alternatives to driving or significantly reduce the amount that they drive.

The boost in consumer optimism regarding the economy may not immediately translate into a boost for the economy. Only one in five consumers (20%) say they will drive more over the coming month and only one in six consumers (16%) say they will spend more money shopping at all retail locations this month. However, both percentages are in line with historical averages for the month.

Fuel efficiency may also play a role in optimism. Consumers say their vehicle’s average fuel efficiency increased to 25.2 miles per gallon, the highest level since NACS began conducting monthly consumer surveys in 2013. As a result, average miles per dollar—a calculation that examines gas prices related to vehicle fuel efficiency—increased to 11.2 miles per dollar.

“Monthly changes in gas prices clearly affect consumer sentiment. The question is how much any future price drops can push optimism higher at a time when consumers still have broader political concerns, especially as the national conventions loom,” said Jeff Lenard, NACS vice president of strategic industry initiatives.

NACS, which represents the convenience store industry that sells 80% of the gas in the United States, conducts monthly consumer surveys to gauge how gas prices affect broader economic trends. The survey was conducted online by Penn Schoen Berland; 1,101 U.S. adults who purchase fuel for a vehicle such as a car, truck or van at least once per month were surveyed July 5–8, 2016. Summary results are available at nacsonline.com/fuelssurvey.

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 154,000 stores across the country, conducts 160 million transactions a day, sells 80% of the fuel purchased in the country and had total sales of $575 billion in 2015. NACS has 2,100 retail and 1,700 supplier member companies, which do business in nearly 50 countries.

Contact:

For media interviews/comments contact Jeff Lenard.

Source: NACS

NACS survey: low gas prices drive the optimism about the economy in majority of Americans

ALEXANDRIA, VA, 2015-4-15 — /EPR Retail News/ — A majority of Americans say they are optimistic about the economy and low gas prices are driving the optimism.

Overall, 52% of Americans are optimistic about the economy, an eight-point jump from March. Those most optimistic are younger consumers ages 18-34 (58%) and those in the West (58), according to survey results released by the National Association of Convenience Stores (NACS).

The surge in optimism continues on ongoing trend in 2015. A majority of Americans have said they are optimistic about the economy in three of the previous four months, when national gas prices averaged between $2.05 and $2.40 per gallon. These are the only months that a majority of Americans have expressed optimism about the economy since NACS initiated the survey in January 2013. Gas prices averaged $3.51 per gallon in 2013 and $3.36 per gallon in 2014.

Consumers also are optimistic about where gas prices may be heading. More than half (52%) of consumers feel that gas prices in 30 days will be about the same or lower than today, up from the one in four (26%) who predicted the same last month.

While gas prices remain top of mind — 76% of Americans say that gas prices impact their feelings about the economy — only one in four (25%) say that gas prices have a great impact on their feelings, the lowest level recorded and significantly lower than the average of 36% who indicated so over the previous 12 months.

“Continued strong consumer optimism is great news for convenience stores, which tend to see significant sales growth with both warmer weather and lower gas prices,” said Jeff Lenard, NACS’ vice president of strategic initiatives. “And it’s also likely good news for the American economy, since the convenience store industry’s nearly $700 billion in annual sales comprise 4% of the total U.S. gross domestic product.”

NACS, which represents the convenience store industry that sells 80% of the gas sold in the country, conducts the monthly consumer sentiment survey to gauge how gas prices affect broader economic trends. The NACS survey was conducted by Penn, Schoen and Berland Associates LLC; 1,103 gas consumers were surveyed April 7-9, 2015. Summary results are at www.nacsonline.com/gasprices; click on “Consumer Research.”

NACS survey low gas prices drive the optimism about the economy in majority of Americans

 

-###-

NACS survey: Consumer optimism fell from 54% to 44%, the largest decrease in optimism in more than two years as gas prices rise

​ALEXANDRIA, VA, 2015-3-11 — /EPR Retail News/ — Rising gas prices are taking a toll on consumer optimism about the economy, with optimism falling to its lowest level since August 2014. Consumer optimism fell from 54% to 44%, the largest decrease in optimism in more than two years, according to survey results released by the National Association of Convenience Stores (NACS).

In the past month, gas prices rose 29 cents per gallon as refineries have begun the transition to produce the costlier summer-blend fuels that are required in many markets across the country. Over the past 15 years, gas prices have increased, on average, more than 50 cents per gallon during the February-to-May transition.

Consumers expect the upward trajectory of gas prices to continue, as three in four (73%) believe gas prices will be higher in 30 days than they are today — a noteworthy increase from 58% in February.

Weather may also play a role in consumer optimism. Consumer optimism was the lowest in the Northeast (37%), which has been battered by storms and cold weather this past month.

“While prices are rising, retail gross margins on gas are falling and now average 10 cents per gallon, about half of the 19 cents per gallon that they have averaged over the past five years,” said NACS Vice President of Strategic Industry Initiatives Jeff Lenard. “After factoring in expenses — especially credit card fees — profit margins across the country are slim or negative at the fuel pump now.”

With gas prices rising, consumers say they are more sensitive to the price at which they would change their behavior. The median fuel price consumers say they would try to reduce how much they drive is $3.50 per gallon, down from $4.00 this time last year. Similarly, the median price that consumers would seek out alternatives to drive is $4.14 per gallon, down from $4.70 in March 2014. Both of these figures are the lowest since NACS initiated the monthly consumer survey in January 2013.

“This lowering of the price threshold would seem to give evidence to the theory that consumers become much more sensitive to a spike after a period of lower prices,” said Lenard. “Consumer optimism has fallen to the level of August 2014, when gas prices were $3.50 a gallon, more than a dollar a gallon more than today.”

There is some good news in the findings. Despite the rise in gas prices, nearly one in five (19%) consumers say that they will spend more money on consumer goods over the next 30 days, the highest level since December when holiday shopping surged.

Younger consumers are most likely to spend and drive more this month. Of those ages 18-34, 27% say that they will shop more this month and 28% say that they will drive more, significantly higher than the overall average of 17%.

Over the past five months, consumer optimism has closely tracked miles per dollar spent on fuel, which measures self-reported fuel efficiency and gas prices.

NACS, which represents the convenience store industry that sells 80% of the gas sold in the country, conducts the monthly consumer sentiment survey to gauge how gas prices affect broader economic trends. The NACS survey was conducted by Penn, Schoen and Berland Associates LLC; 1,100 gas consumers were surveyed March 3-6, 2015. Summary results are at www.nacsonline.com/gasprices.

-###-

Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 151,000 stores across the country, posted $696 billion in total sales in 2013, of which $491 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.