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Market Watch
May 18 - 23, 2006

Online Sales to Surpass $200 Billion This Year, According to Shop.org/Forrester Study

WASHINGTON, DC, May 23, 2006 / --- After speeding past the $100-billion mark just three years ago, online sales will top $200 billion this year. According to The 2006 State of Retailing Online, the ninth annual Shop.org study conducted by Forrester Research, Inc. (of 174 retailers, 2006 online sales (including travel) are expected to rise 20 percent to $211.4 billion. Sales excluding travel will reach $138 billion. [more]

Wal-Mart Expands in Ohio As Retailing Giant Opens Six New Stores

DALLAS, May 20, 2006 / FW/ --- Ohio just received a boost in its job market with the opening of six Wal-Mart Supercenters last May 17, adding 1,480 new retail jobs in the state. [more]

Self-Service Check Out At Grocery Stores Not Just A Novelty But The Way of The Future

DALLAS, May 19, 2006 / FW/ ---If during your latest trip to the grocery store you found checking yourself out with the self-service registers, expect to do the same at restaurants and the hospitality industry soon. [more]

New NRF Survey Finds Consumers Adjusting To Higher Prices At The Pump

WASHINGTON, DC, May 19, 2006 / --- While consumers have seemed resilient in the face of higher energy costs, a tipping point may soon be in sight. According to the National Retail Federation’s (NRF) 2006 Gas Prices Consumer Intentions and Actions Survey, 76.0% of consumers believe fluctuating gas prices have impacted their spending habits, up from 67.2% in 2005. [more]

JCPenney and Warnaco Announce New Appointments

DALLAS, May 18, 2006/ --- Ann Marie Tallman joined the JCPenney Board of Directors while Paula Schneider has been named the President of Warnaco’s Group Swimwear division as confirmed by two separate announcements from their respective companies. [more]

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