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Google (NASDAQ:GOOG) G1 Comes With Big $220 Rebates
76% of T-Mobile stores we surveyed recently have the Google Android based G1 (manufactured by HTC). 24% do not have the phone yet, but almost half of these respondents were expecting shipments to arrive before Thanksgiving. 4% reported being stocked our of the G1, but this type of report was not widespread. T-Mobile is offering a $220 instant rebate with the G1 for a two year contract. It is not clear who picks up the tab for the rebate - T-Mobile or Google. 92% of T-Mobile representatives claim the G1 is the best phone they carry today and 80% claim the G1 is superior to Palm (PALM) or Blackberry (RIMM) devices. Review from T-Mobile representatives are very strong, but demand does not appear to be keeping pace as stock-outs are few during the initial launch when demand should be the strongest for the G1.
86% of Finish Line (NASDAQ:FINL) Stores Increase Sale Items to Draw Business
In recent interviews with Finish Line retail locations, 86% stated that they are putting more items on sale in October than September. 36% say business is down, while 32% characterize it as flat. The average shoe sale is $93.25 and the chain's best-selling items are Nike (NYSE:NKE)Shox and Nike Air Jordan. 79% cited Nike as the most popular brand with teenagers.
Bargain Shoppers Dominate Charlotte Russe's (CHIC) Business
88% of Charlotte Russe shoppers head straight for the discounted items according to our most recent survey of the companies stores. This is an increase from 83% heading for sales items that we recorded in our previous survey. The average check out bill at Charlotte Russe was $64.60, down from our July survey which showed an average check out bill of $67.59. 48% of respondents see business as up from a year ago, 36% (a very high negative response rate historically) see it down and 16% see it as the same. Repeat customers make up 52% of store traffic according to our respondents, a low number when compared to other chains we survey.