Winter Holidays

J. Crew Group is exiting the bridal business, which it entered back in 2004.   The company has marked down its entire collection of wedding gowns and bridesmaids dresses by up to 70% online and in stores, reported Business Insider.    Once the merchandise sells out, the retailer will no longer offer a wedding line, according to the report.  

Just in time to streamline the upcoming holiday e-commerce sales rush, Hudson’s Bay Co. is touting a new robotic fulfillment system.   Called the first of its kind in Canada, the new state-of-the-art robotic fulfillment system is housed in the department store chain’s 752,000 sq.-ft. Scarborough distribution center, which manages the chain’s e-commerce operations.    

U.S. shoppers expect to spend more this holiday season, but also to drive a harder bargain, demanding more competitive pricing and an enhanced shopping experience  

Story, the innovative retail store in Manhattan that totally reinvents itself every few months, is ready for the holidays with a one-stop shopping experience that offers something for everyone.    For its new installation, “Home for the Holidays,” the store has reconfigured its space into a series of designated rooms that correspond to different recipients on a shopper’s list: a living room for her, a library for him, a playroom for the kids, and a kitchen with something for everyone.   

Holiday spending is expected to spike by a solid 4%.   That’s according to the “2016 Holiday Season Forecast,” an annual report from investment firm JLL that is based on responses from 2,800 shoppers across 31 shopping centers.  

Taubman is taking the Santa experience to a higher level — literally — at 12 malls this holiday season.   On Nov. 11, the mall owner and manager will debut “Santa’s Flight Academy,” where kids will be able to register as members of the jolly old elf’s flight crew, help Sleigh Mechanic George or Reindeer Caretaker Flash prepare for liftoff and engage in what Taubman is describing as an “immersive holiday experience.”  

Black Friday may be considered one of the biggest shopping events of the year, but interest among consumers continues to dwindle.   Specifically, 31% of respondents in the United States said they have always disliked shopping on Black Friday, and 29% believe it is simply a marketing trick with retailers manipulating pricing to convince consumers they are getting a good deal.   

It may only be the first week of November, but American shoppers are steadily crossing items off of their holiday shopping lists.   As of the end of September, one-third (33%) of consumers had already started their holiday shopping, up significantly from 25% in 2015. Further, they expect to spend an average of $908, an 8% increase from last year ($839 in 2015). Among affluent consumers, this threshold increases to an average of $1,513.