Retail Industry
Industry: Email Alert RSS FeedShop Around The Clock
American Demographics, Sept 1, 2003
Byline: JOHN FETTO
Most RecentRetail Articles
Americans racked up approximately $7.2 trillion in purchases for goods and services last year, according to the Selig Center for Economic Growth at the University of Georgia. Marketers and their media partners are increasingly curious to know exactly when and where those dollars are being spent. For instance, the radio industry is intrigued by the relationship between key dayparts, like "drive time," and consumer spending. This month, we decided to examine just how Americans shop around the clock. Data from New York City-based research firm Simmons Market Research Bureau reveals that more than twice as many consumers are out shopping on Saturday and Sunday than at almost any time during the week. Not only are there more shoppers crowding stores on weekends, but the customers are also dropping more cash on their purchases. According to Indianapolis-based market research firm Stillerman Jones & Company, the average consumer spends $78 per trip at the mall on weekends and only $67 per trip during the week. Of course, not everyone likes shopping with the masses. Americans who are unemployed tend to do the bulk of their grocery shopping during the week, unlike those who are employed. In addition, the Internet now allows us to shop 24/7. Research provided by Reston, Va.-based comScore Networks shows that an estimated 20 percent of online spending occurs between 9 p.m. and 9 a.m., when most stores are closed.
OUT SHOPPING
Americans are most likely to be shopping on weekends between 2 p.m. and 4 p.m.
WHEN AMERICANS GO SHOPPING
MALL RATS
Consumers spend the most money at shopping centers on Sundays between 4 p.m. and 6 p.m.; Wednesday morning shoppers spend the least.
AVERAGE AMOUNT SPENT AT SHOPPING CENTERS
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn’t Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


