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Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

Grocery is the #1 holiday purchase! Research shows where consumers are spending this holiday season

With all the hype and Black Friday campouts at Best Buys and Toys R Us, you'd guess that the majority of holiday shopping budgets go to purchases like electronics, toys and clothing. But according to new research, the biggest share what comes out of your holiday wallet actually goes to ... groceries and restaurants.

New data from Card-Linked Marketing leader Cardlytics -- collected from millions of U.S. households over the past two years -- shows what consumers actually spend their money on during the holiday season.  When it comes to holiday shopping Americans are spending 24% of their budget on groceries followed by restaurants and apparel.  Toy purchases are actually at the bottom of the list.

The Top 10 Share of Wallet (see link/attached for graphics and pie charts for 2011 and 2012 holiday spending):

1. Groceries - 24%

Sterling Risk Advisors moves into new offices at 2500 Cumberland

Sterling Risk Advisors moves into new offices at 2500 Cumberland

ATLANTA -- Sterling Risk Advisors, an Atlanta-based risk management firm, this week moved to larger offices, occupying more than 25,000 square feet of the 2500 Cumberland building in the historic Vinings district.

The firm moved into their offices this week, but even as they were packing they learned their new space would be walking distance to the new Atlanta Braves stadium in Cobb County.

The company’s new offices occupy 25,263 square feet at 2500 Cumberland, a Granite Properties facility. Kirk Rich, lead broker of Rich Real Estate and Kyle Jenks, lead broker of Parkside Partners were the tenant brokerage team. Leasing agents were Glenn Kolker and Sonia Winfield of Cassidy Turley.

After the firm’s recent merger with the Graham-Naylor Agency, the company’s staff has increased dramatically, driving the need to find new space.

20 Cobb businesses honored for communtiy contributions

20 Cobb businesses honored for communtiy contributions

COBB COUNTY, Ga. -- The Cobb Chamber has announced the winners of its 2013 Sam Olens Business Community Service Award.

The honor is presented to companies that support local non-profits. Each non-profit that nominated an award winner was given a $500 gift card to Home Depot.

This year's awards were given during the chamber's December First Monday Breakfast at the Cobb Galleria Centre.

The winners include:

524 Creative
Nominated by Cobb Community Foundation and Cobb & Douglas Public Health

Assurant
Nominated by American Cancer Society

B+C Studio, Inc.
Nominated by Fountain Gate Life and Wellness

Chattahoochee Technical College
Nominated by Cobb Library Foundation and Cobb County Community Services Board

Ed Voyles Automotive Group
Nominated by Marietta City Schools

No hike in Cobb property taxes to pay for Braves stadium

MARIETTA, Ga. -- Thursday morning, Cobb County officials announced funding for the Atlanta Braves' new baseball stadium, to be constructed in the Cumberland-Galleria area.

The agreement calls for the baseball team to fund 55 percent of the project's cost, while the county will responsible for the remaining 45 percent. The team will begin playing in the new ballpark in 2017, and play there for at least 30 years.

The county's funding plan includes a mix of sources totaling $300 million. Officials said in a statement there would be no increase in the property tax millage rate for Cobb County homeowners.

Atlanta reacts to the Braves leaving Turner Field

ATLANTA -- The Atlanta Braves announced Monday morning that they plan to move to a brand new stadium in Cobb County for the beginning of the 2017 baseball season.

The Braves say they plan to build a new stadium on the northwest corner of the Interstate 75-285 interchange in Cobb County.

POLL | What do you think? Should the Braves move?  Vote in our poll here.

"We are excited to announce plans to build a world-class stadium, which will open in 2017 at the NW intersection of I-75/I-285," the team said in tweets. "We have secured a large tract of property at this location & will work to build a world-class ballpark for our fans."

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

LittlePINKBook.com invites women to join conversation Nov. 12 with top female executives

ATLANTA -- LittlePINKBook.com, America’s No. 1 digital platform for career women, will host its 9th Annual Fall Empowerment Event on Tuesday, Nov. 12. Top-level female executives will share their experiences with rising through the corporate ranks to an audience of like-minded, successful women motivated to get there.  

Executives on the panel will be asked questions from the event’s moderator, Carol Costello, anchor at CNN Newsroom, Little PINK Book’s CEO and Founding Editor Cynthia Good as well as attendees. Panelists include:

Study: Home Depot has best online gift card program

ATLANTA -- Vinings-based The Home Depot, Inc. operates the best e-gift card program among the 99 retailers and restaurant chains analyzed by research and advisory firm Retail Systems Research LLC for a new report released at Shop.org's Annual Summit in Chicago, reports Internet Retailer.

The study, sponsored by digital gift card provider CashStar, analyzed digital gift card purchases made in July and August using 21 criteria, including whether consumers can easily find the gift cards on the merchant's website and how easy it is for recipients to redeem the cards.

RSR used a 3-point scale to rate merchants on each of its 21 criteria, with the best possible score being 63 points. The top three merchants, along with their rankings in the 2013 Top 500 Guide, and point totals:

* Home Depot, No. 46, 54 points

* Sephora USA Inc., No. 144, 48 points

* Starbucks Corp., No. 454, 48 points