CONSUMERS CHOOSE NORDSTROM AS BEST RETAILER FOR CUSTOMER SERVICE IN NEW SURVEY NRF Foundation/American Express Survey Also Ranks Top Retailers by Sector WASHINGTON, November 15, 2005 -- Though the retail industry will be flooded with promotions and discounts this holiday season, customer service will also play an important role for shoppers when deciding where to buy gifts, according to a new survey by the NRF Foundation, an arm of the National Retail Federation that offers National Certification in Professional Customer Service and Sales, and the American Express Company. According to the survey, conducted by BIGresearch, the importance that shoppers place on customer service should not go unnoticed by retailers, as 85 percent of consumers said that they spend and shop more at retailers who provide good service. Another 82 percent are likely to recommend these retailers to friends and family. “Retailers know that consumers spend more time and money in a store when they have a pleasant shopping experience,” said John Theiss, Vice President, Retail Industries, American Express Establishment Services. “Through excellent service, retailers have an opportunity to retain and build on their customer base.” A nationwide poll yielding more than 8,600 consumer responses put Nordstrom at the top of the customer service list of retailers, followed by Coldwater Creek, Marshall Field's, Kohl's, and Boscov's. The top 10 is rounded out by Recreational Equipment Inc. (REI), JCPenney, Lane Bryant, Best Buy and Eddie Bauer. The survey also ranked the top direct merchants, whose customer service front-runners included: L.L. Bean, Blair, Amazon.com, Overstock.com, and NewEgg.com. Consumers Have Highest Expectation at Restaurants, Lowest at Discounters “As the retail environment becomes more competitive, customer service is taking a front seat in helping retailers maximize sales,” said NRF Foundation President Tracy Mullin. “Retailers are investing heavily in employee training to ensure that the people who represent their companies during the holiday season are as knowledgeable and professional as possible.” Top Retailers by Sector—Wal-Mart Ranks First Among Discounters NRF Foundation and American Express on Customer Service About the Survey American Express Establishment Services is the merchant network of American Express which acquires and maintains relationships with millions of merchants that welcome the American Express Card around the globe. American Express Company is a leading global payments, network, travel and banking company founded in 1850. BIGresearch is a consumer market intelligence firm that provides unique consumer insights that are gathered online utilizing very large sample sizes. BIGresearch's syndicated Consumer Intentions and Actions survey monitors the pulse of more than 7,000 consumers each month to empower its clients with unique insights for identifying opportunities in a fragmented and changing marketplace (www.bigresearch.com). The NRF Foundation (NRFF) is the research and education arm of the National Retail Federation. A non-profit foundation created in 1981, the Foundation conducts industry research, develops education and workforce development programs, professional certification programs and promotes retailing as a career destination. The NRF Foundation benefits retailers, their associates and business partners and allies, and consumers in many ways. Research provides the basis for education about the industry and its importance to the economy, and provides industry and government leaders with an analysis of public policy decisions on consumers, retailers, and the economy. The Foundation's education and career development efforts, including NRF University wired, encourage professional development and excellence in performance of retailing for associates and executives at all levels. Contacts: Christine Elliott 212.640.0622 Christine.S.Elliott@aexp.com |