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  • 2014 sees upturn in consumer confidence

    The new year is off to a solid start with an upturn in consumer confidence. After two months of decline in the wake of the partial government shutdown, the Conference Board has found that consumer confidence has bounced back to its highest level since September.

    December's index came in at 78.1, up from an upwardly revised figure of 72.0 in November and 72.4 in October.

  • A few 2014 tech predictions

    An IPO from payment processor Square and the widespread reality of same day delivery are a few of the technology-oriented predictions, offered by Fortune’s San Francisco-based writer JP Mangalindan.

  • Study: Zappos is fastest holiday shipper

    New York -- Zappos took the top spot in a ranking of fastest holiday shippers according to a study by Kurt Salmon and StellaService. The study analyzed shipping times for orders placed on Cyber Monday from more than 50 retailers across a broad range of retail sectors, from big boxes to online-only players. It found that retailers in the top-five delivered multi-unit orders in an average of 2.9 days.

    The top five companies for holiday shipping are the following:

  • Razor credits YouTube for product success

    Razor USA said it set holiday sales records this year due to the surging popularity of a $399 ride-on product called the Crazy Cart that YouTube helped make a hit.
     

  • Study: One-in-three large retailers misses Christmas delivery deadline

    New York – Eight of the 25 largest retailers (32%, or roughly one-in-three) failed to deliver at least one package ordered on the cutoff date to arrive before Christmas via standard shipping in a study performed by StellaService. The study involved placing three orders, one each in the East, West and Midwest regions, from each retailer.

    Of 75 total orders, 12% missed the delivery estimate. All but one of these orders were shipped using UPS, which is the preferred carrier for most of the top 25 retailers. Some retailer-specific results include:

  • Report: U.S. retail sales rise 3.5% during holidays

    Purchase, N.Y. – U.S. retail sales reportedly rose 3.5% between Nov. 1 and Dec. 24, 2013 compared to the same period in the prior year. According to data from MasterCard Advisors SpendingPulse, sales of holiday-related categories, such as clothing, electronics and luxury goods, rose 2.3%, after rising 0.7% in 2012.

  • Conference Board: leading economic index up in November

    New York -- The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.8% in November to 98.3 (2004 = 100), following a 0.1% increase in October, and a 1% increase in September.

  • ICSC: Holiday sales up 1.4% week ending Dec. 21

    New York -- Weekly sales rose by 1.4% for the week ending Dec. 21, 2013. According to figures from the International Council of Shopping Centers (ICSC) and the Goldman Sachs Weekly Chain Store Sales Index, on a year-over-year basis, the pace of sales also improved and grew by 2.7%.

    For December, ICSC Research expects monthly sales will increase between 3% and 4% as the promotional environment continues to be intense.

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