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Winter Holidays

  • Michaels paints a pretty financial quarter

    The CEO of Michaels says an improved merchandising strategy and a focus on the customer experience helped drive sales growth at the specialty retailer in the second quarter.

    Total sales increased 3.8% to $984.3 million in the second quarter ended Aug. 1 at Michaels and same store sales increased 2.9%. Michaels reported a profit of $35.7 million, or 17 cents a share, vs. a loss of $46.8 million, or 26 cents a share, a year ago.

  • Walmart fires opening salvo of 2015 holiday season

    The holiday force has awakened earlier than ever at Walmart with the Aug. 28 launch of a major initiative called Toy Week.

    Walmart has released its top toy list of 25 products and announced details of a layaway program that is less restrictive than prior years. The program begins Aug. 28, two weeks earlier than last years, and those participating will find the price point of eligible items has been reduced to $10 with a minimum basket size of $50, there is no account opening fee and only a 10% down payment is required.

  • Bon-Ton increases e-commerce support

    Milwaukee - The Bon-Ton Stores Inc. is increasing its support of e-commerce with a new 743,000-sq.-ft. direct-to-consumer fulfillment center.

    The facility, which began transitioning fulfillment operations in June, supports the company’s expanding e-commerce business and omnichannel growth plans.

  • Holiday Planning

    For consumers, “holiday planning” means creating shopping lists and perhaps deciding whether to invite your annoying uncle to the family festivities. For retailers, holiday planning means organizing and optimizing the entire enterprise to adequately handle a sustained period of increased consumer demand.

  • eMarketer: Low gas prices will help fuel big jump in holiday sales

    New York -- It’s almost September, which can only mean one thing: The annual blizzard of holiday sales forecasts is about to begin, and this year eMarketer is one of the first out of the gate.

    The firm predicts a shiny and bright holiday season for U.S. retailers, with an assist from falling gas prices and online growth. eMarketer forecasts that U.S. retail sales in the months of November and December 2015 will increase 5.7% year-over-year, reaching $885.7 billion (includes online and physical store sales).

  • The Green Bay Packers unveil master plan for mixed-use project

    Green Bay, Wis. -- The Green Bay Packers announced details for the master plan of the Titletown District, a destination area to be created immediately west of Lambeau Field Stadium in Green Bay, Wisconsin. The Packers will invest approximately $65 million in Titletown, with a cumulative initial investment by all parties to be between $120 million-130 million.

  • A Change in Plans

    Common industry wisdom holds that by the time the holidays actually come around, merchandising and marketing plans have been in place for several months or more.

  • Facilities Winter Prep

    Fall inspections key to prepping HVAC systems for colder temps

    It’s only September and still technically summer. But calendar aside, it is time to start prepping HVAC systems for the colder days ahead.

    Oddly enough, most retailers start to prepare for the summer season months ahead of the first 95-degree day. Plans are developed to schedule the HVAC spring inspections well in advance, so when the first heat wave hits, stores will be ready to start pumping cold air to keep their customers very comfortable.

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