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Winter Holidays

  • Nine Predictions for the 2016 Retail Holiday Season

    With Halloween now behind us, the unofficial start of the 2016 retail holiday season is upon us. Amid intensifying competition, where are retailers placing their bets?     Here are observations and expectations from Profitero for the critical fourth quarter seasonal period:   
  • Amazon launches Black Friday deals — starting now

    For every shopper that asks “Alexa, what are your holiday deals?,” Amazon now has answers.    The Internet giant has officially kicked off the holiday countdown with the launch of its Black Friday Deals Store and curated holiday gift guides, along with an array of other digital services geared to attract shoppers this shopping season.   
  • Tech Bytes: Three solutions to solve the ‘card-not-present’ conundrum

    Online shopping is expected to reach record levels this holiday season, with some reports suggesting it may even match — for the first time ever — physical store spending.     
  • Canadian outerwear brand opens pop up

    Canadian retailer Arc'teryx has opened a stylish pop-up dedicated to its Veilance outerwear menswear collection.     Arc'teryx partnered with New York-based design firm Snarkitecture on the temporary store, located in Manhattan’s SoHo neighborhood, which will be open until January 8, 2017.   
  • Office Depot launches early Black Friday deals

    Office Depot is giving holiday shoppers almost a month-long head start on the season.    The office supplies company is kicking off Black Friday and Cyber Monday deals on Oct. 30 — a move that it anticipates will save its loyal shoppers time and money this holiday season. Deals will be available at stores, as well as on the Office Depot’s website.  
  • Adobe: Holiday online sales could hit record-breaking $91 billion

    An extended holiday season could translate into an 11% increase in online sales with mobile devices leading the charge.   Adobe’s “2016 Digital Insights Shopping Predictions” report predicts that 53 consecutive days (57 calendar days in total) will exceed $1 billion in online sales, compared to 31 consecutive days last year — a 71% year-over-year (YoY) increase.   
  • Report: Holiday shoppers waiting until post-election

    The upcoming United States presidential election is so tumultuous that it’s influencing shoppers to pull back holiday shopping plans.    With the election falling in the middle of holiday shopping, many U.S. consumers said they will have a more conservative holiday spending budget this year, according to the National Retail Federation’s annual consumer spending survey, a report that tapped 7,733 consumers about holiday shopping plans.   
  • Tuesday Morning reports Q1 loss

    Constraints due to inventory levels took a toll on Tuesday Morning’s first quarter earnings.    The off-price home decor retailer reported a net loss of $8.9 million for the first quarter ended Sept. 30, 2016. Net sales for the quarter were $211.9 million, which is an increase from $9.6 million from the prior year. Same-store store sales increased 5.1%, however the company’s operating loss for the first quarter was $9.2 million.   
  • Walmart’s holiday ‘service’ strategy: In-store pickups, low prices, ‘holiday helpers’

    Knowing frazzled customers are in search of overall value, Walmart is emphasizing customer service this holiday season.   
  • Report: 2016 Black Friday weekend deals will be biggest ever

    Regardless of when retailers start their sales, Black Friday weekend is shaping up to feature the biggest deals yet.   According to BlackFriday.fm, a website that tracks the best Black Friday deals, news, and ad scans, “the Black Friday and Cyber Monday sales are going to be bigger than ever this year, “ said Rene Kirschbaum, director of BlackFriday.fm.   Among the retailers to watch include:  
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