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  • Santa to take flight at 12 Taubman malls

    Taubman is taking the Santa experience to a higher level — literally — at 12 malls this holiday season.   On Nov. 11, the mall owner and manager will debut “Santa’s Flight Academy,” where kids will be able to register as members of the jolly old elf’s flight crew, help Sleigh Mechanic George or Reindeer Caretaker Flash prepare for liftoff and engage in what Taubman is describing as an “immersive holiday experience.”  
  • Searching for Cubs championship gear? Look no further than Uber

    Uber wants to put championship gear commemorating the Cubs’ World Series victory into fans’ hands as quickly as possible.   Through a partnership with licensed sports merchandise e-retailer Fanatics, Uber launched a program that enables Cubbies fans to purchase championship hats and t-shirts directly through the ride-hailing app, according to Recode.  
  • AmEx: Holiday spending, mobile usage jumps this holiday season

    It may only be the first week of November, but American shoppers are steadily crossing items off of their holiday shopping lists.   As of the end of September, one-third (33%) of consumers had already started their holiday shopping, up significantly from 25% in 2015. Further, they expect to spend an average of $908, an 8% increase from last year ($839 in 2015). Among affluent consumers, this threshold increases to an average of $1,513.  
  • Office Depot beats Q3 forecasts; to accelerate store closings

    Office Depot saw its profit rise in the third quarter as cost-cuts and a $240 million tax benefit helped to offset the impact of lower revenue.   Profit in the quarter totaled $44 million, topping analysts’ forecasts. Sales fell 7% to $2.84 billion.  
  • The single biggest shopping day in the world is almost here

    Singles' Day, a festival that started in China some 20 years ago to celebrate being single, is fast approaching. And the country’s e-commerce giant is pulling out all the stops this year.   
  • Orangetheory among new tenants at Santa Fe center

    Phillips Edison & Company announced the signing of three new tenants at its 117,006-sq.-ft. Coronado Center in Santa Fe.   Orangetheory makes its debut in the New Mexico capital in a 2,640-sq.-ft. space and gets a wellness accompaniment from Nutrishop, which inhabits a nearby 1,000-sq.-ft. store.   The New Bakery Company, a Santa Fe fixture for 19 years, is re-opening at Coronado Center with a renovated space and new ownership.  
  • This retailer will close all its stores on Election Day

    One of the retail industry’s most environmentally-activist brands is shutting down operations for Election Day.   Patagonia will close its 30 U.S stores and headquarters in Ventura, Calif., on Election Day, Nov. 8, in an effort to encourage customers, employees and citizens to head to the polls. The company, which is giving its employees a paid holiday for the day, will also shutter its distribution and customer service center in Reno, Nevada.  
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