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  • NRF calls for comprehensive immigration reform

    Washington, D.C. - The National Retail Federation (NRF) supports immigration reform, but does not think President Obama’s executive action on immigration regulations is the right approach.   The NRF has issued a statement from president and CEO Matthew Shay on the announcement that President Obama will issue a series of executive actions on immigration:  
  • And the 10 biggest myths of holiday spending are….

    New Canaan, Conn. - Count on Customer Growth Partners president and CEO Craig Johnson to provide a refreshing break from the standard Black Friday forecast.  Here’s his take on the top 10 retail-related holiday myths of 2014:   
  • Ann Inc. profit, sales hit by weak traffic; inventory surges at Ann Taylor

    New York – Ann Inc. beat Wall Street expectations for the third quarter with net income of $29.9 million, down 27% from $41.2 million the same quarter a year earlier. Pre-tax and after-tax charges associated with the closure of the Madison Avenue Ann Taylor store helped drive down net income.  
  • Analysis: Zappos goes brick-and-mortar

    The news that Zappos opened its first freestanding store caught by the industry by surprise. Here are two expert views:   
  • Macy's adds interactive fun to Black Friday

    In an effort to create even more buzz for its holiday promotions, Macy’s will give away $1 million in prizes during Black Friday weekend.  

    Using the Macy’s mobile app, customers shopping in-store will be able to scan QR codes to enter the giveaway during doorbuster hours, beginning at 6 p.m. on Thanksgiving Day through 1 p.m. on Nov. 28, and then again on Saturday, Nov. 29, from 7 a.m. to 1 p.m.

  • Thanksgiving costs 34% less at Walmart

    Walmart customers shopping for a traditional Thanksgiving meal can plan a 10-person dinner for $32.64, or 34 percent less than average, according to the nation’s largest farm group.

  • Survey – Cross-border shoppers double spend of domestic shoppers

    San Jose, Calif. - Cross-border shoppers (those for whom more than 10% of their online spend is cross-border), spend approximately twice as much as consumers who only shop domestically. New research from PayPal and Ipsos, which investigated the online and cross-border shopping habits of more than 17,500 consumers in 22 countries, shows 30% of U.S. online consumers shop across borders.  
  • Survey: Shoppers will find best Black Friday discounts at J.C. Penney

      New York J.C. Penney, Macy’s, Rite Aid, Meijer and Sears rank as the best retailers for Black Friday deals, according to a survey by personal finance social network WalletHub.  The survey shows that Penney has the highest overall discount rate at 65%, while Big Lots, at 24%, and Costco, at 21%, have the lowest. WalletHub surveyed 5,525 deals from the 2014 Black Friday ad scans of 21 of the biggest U.S. retailers. Here is a quick summary of some of the key findings.
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