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Winter Holidays

  • Study: Shopper average holiday spending beats 2015

    The final shopping days of the holiday season are in full swing, and it is driving harried shoppers to open their wallets even wider.   The average spend per gift is up 37% over last year, and men are spending roughly 20% more than women on average, according to new data from Loop Commerce, which evaluated purchases made through its network of top retailers including Macy’s, Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Coach, among others..   
  • Walmart going down to the wire for store pickup of online holiday orders

    Walmart is leveraging its mighty store network to gain a competitive advantage over Amazon for last-minute holiday shoppers.    The discount retailer announced Tuesday it will offer shoppers a Christmas Eve store pickup commitment for eligible orders placed online by 6 p.m. local time on Dec. 23.   
  • Tech Bytes: Three pet peeves disengaging holiday shoppers

    The countdown is on.    With 12 shopping days left before Christmas, holiday shoppers mean business. They have their shopping lists in hand, devices are charged, and they want their desired merchandise in their hands — fast. And with Adobe reporting that 5% of customers drive 35% of revenue, retailers would be foolish not to deliver.   
  • Report: Big increase in holiday offers — and related costs

    Retailers continue to launch digital deals this holiday season to snag new customers — but these efforts come at a price.    Retailers’ promotional offers are eclipsing 2015 efforts. Customer orders using a promotion are up 34% versus 2015, and up 52% over the holiday season (Nov. 1-Dec. 5) versus 2015 in North America.     
  • There really is a Santa Claus — and he stops at Walmart

    An unknown donor brought holiday cheer to some Walmart customers in Pennsylvania.     A mystery person under the name "Santa B" paid off $46,265.59 in layaway items at Walmart’s store in Everett, Pennsylvania, CNBC reported. The amount covered the balances on 149 layaway accounts.    
  • Sales and Coupons Remain Most Successful Tactic in Driving Holiday Shoppers to the Store

    Holiday 2016 is proving to be both an opportunity and a challenge for retailers, as they’re faced with catering to the behaviors and preferences of multiple generations of shoppers. It’s becoming increasingly clear that Generation Z (children ages 10-17) consumers have a significant and growing influence on household spending. And as a result, new trends are emerging this holiday season, including the record mobile app purchases we saw on Black Friday/Thanksgiving weekend.  
  • ComScore: Online billion dollar shopping days the new norm

    While mobile commerce flexed its muscle during Cyber Week, desktop shoppers keep representing this holiday season — and in a strong way.  
  • Restoration Hardware Q3 tops Street; gives holiday warning

    Restoration Hardware reported better-than-expected earnings and sales for the third quarter, but the upscale home furnishings retailer cut its full-year outlook amid slow sales of its holiday collection.    The company also said that its name will change in January to RH, which is the same as its stock ticker.   Restoration Hardware reported net income of $2.5 million. Earnings, adjusted for non-recurring costs, were 19 cents per share.  
  • Lululemon tops estimates in Q3; confident about holiday

    Consumers’ demand for stylish workout wear no shows on slowing down.        Lululemon Athletica Inc.’s sales rose 13% to $544.4 million, surpassing Wall Street estimates.   Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7%. Same-store sales rose 4%.      Profit in the quarter was 47 cents a share, excluding some items. Analysts estimated 43 cents on average.    
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