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Winter Holidays

  • Gourmet gifting retailer will ‘pop up’ in more locations for the holidays

    Harry & David is bolstering its store fleet for the upcoming holiday season.

  • Staples skips Thanksgiving — again

    Once again, Staples will be closed for Thanksgiving.

  • CBL malls to close on Thanksgiving

    When holiday shopping madness kicks off on Thanksgiving Day, at least 121 malls will be sitting on the sidelines.

  • Shoppers expected to forego Black Friday lines this year

    More shoppers across the United States intend to stay home this Black Friday weekend.

  • Go Green, Not Red, this Holiday Season

    The holiday shopping season is upon us. For retailers, these last three months of the year signify a marathon of competitive sales strategies to increase foot traffic and maximize profits.    According to the National Retail Federation, the holiday season can represent as much as 30% of annual sales. To adapt to shifting consumer trends and meet peak season demands, stores plan to increase both hours of operation and staff onsite.  

  • Study: More than half of retailers ready for AI

    In a move to step up their customer experiences, more retailers are embracing artificial intelligence (AI).   This was according to the third quarterly “2017 E-commerce Performance Index,” a report from SLI Systems.   According to the data, 54% of companies reported they are using or plan to add AI in the future. The largest group of these respondents (20%) expect to add AI within the next 12 months.  

  • Embattled department store retailer gets fresh cash infusion from owner

    As it heads into its most important selling season, Sears Holding Corp. is receiving another cash infusion from its CEO and largest shareholder.   Sears is borrowing $100 million from units of CEO Eddie Lampert's hedge fund ESL Investments for "general corporate purposes," according to a regulatory filing. The new infusion brings the total of Lampert's outstanding loans to Sears to $499.4 million.   

  • NRF: Holiday sales to increase 3.6% to 4%

    One of the most closely watched holiday forecasts has good news for retailers.   The National Retail Federation said it expects holiday retail sales in November and December to increase between 3.6% and 4% for a total of $678.75 billion to $682 billion. In 2016, up from $655.8 billion last year. The NRF forecast, which excludes automobiles, gasoline and restaurants, would meet or exceed last year’s growth of 3.6% and the five-year average of 3.5%.   
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