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Attitudes: Retailers

  • BDO USA: Retailers bullish on holiday, cautious on inventory; jobs top concern

    Chicago -- The marketing chiefs of U.S. retailers are optimistic about the upcoming holiday season, forecasting a solid 4.1% increase in overall holiday store sales, according to a recent BDO USA survey. The projection is in line with the National Retail Federation’s 4.1% expected holiday sales increase, and is a full percentage point higher than actual retail sales gains in the 2013 season.
  • Nielsen: North American consumer confidence up in Q3

    New York -- Consumer confidence in the North America region improved four points to 107 on the Nielsen Consumer Confidence Index for the third quarter of 2014. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism, respectively, with the latest results reflecting an outlook of cautious optimism.  
  • Study: Nordstrom--online and in-store--top luxury retailer

    New York -- Nordstrom came out on top in a ranking of luxury retailers by the Luxury Institute.    According to the group's 2014 Luxury Multichannel Engagement Index, Nordstrom had the highest incidence of customers spending online (26%) and in-store (45%). It also led in its share of total fashion spend (17%).   
  • Report: Sears closing more stores

    New York -- Investor website Seeking Alpha reported on Thursday that Sears Holdings Corp. is closing more than 100 stores and laying off at least 5,457 employees. The report, which Sears said was inaccurate, said the shutterings include 30 Sears stores, 31 Sears Auto Centers and 46 Kmart stores.  
  • Survey: More than half of U.S. consumers will shop online for holidays

    Washington, D.C. –- More than half of U.S. consumers plan to make at least some of their holiday purchases online this year.

  • Survey: Retailers use competitive data for pricing

    Austin, Texas –- Retailers are in agreement about using competitive data for pricing. According to a new survey of more than 100 retailers by merchandise optimization provider Revionics Inc., 100% of respondents integrate some form of competitive data into their pricing.
     
  • NRF launches Retail Jobs Week

    Washington, D.C. -- The National Retail Federation (NRF) is offering Retail Jobs Week the week of Oct. 13-17, a multi-faceted effort to push back against long-held misperceptions about working in the retail industry. Through this initiative, NRF aims to continue educating Washington lawmakers about the value retail jobs deliver for workers and the economy.  
  • Hay Group: Retailers cautiously optimistic about holiday sales

    Philadelphia -- Nearly one-quarter (24%) of retailers expect a significant increase (5% or more) in year-over-year sales during the 2014 holiday season, while another 70% are predicting sales will be on par with the 2013 season, according to a survey by global management consultancy Hay Group.

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