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Winter Holidays

  • Accenture forecasts ‘careful’ and ‘controlled’ holiday spending

    New York City -- An overwhelming majority (72%) of U.S. consumers expect their holiday spending to be “careful” or “controlled” in 2011, according to Accenture’s annual consumer holiday shopping study. Discounts, sales and prices are still top of mind this holiday, with 40% of consumers saying an item being on sale is the single most important factor in their decision to purchase.

  • NRF: High unemployment a concern as holiday season approaches

    Washington, D.C. -- The National Retail Federation said Friday that high unemployment rates remain a concern as retailers head into the holiday season.

  • Natori to design lingerie line for Target

    MINNEAPOLIS — Target announced that it is partnering with internationally renowned designer Josie Natori to introduce its first limited-edition collection of lingerie and loungewear.

  • NRF foresees a happy holiday for retail sales

    WASHINGTON — A report released Thursday by the National Retail Federation predicted an average holiday shopping season. According to the NRF forecast, holiday retail sales for 2011 are expected to increase 2.8% to $465.6 billion. While that growth is far lower than the 5.2% increase retailers experienced last year, it is slightly higher than the 10-year average holiday sales increase of 2.6%, according to NRF.

  • Favorites emerging with latest toy list from Target

    MINNEAPOLIS — Target is the latest in a line of retailers to put out a list of what it thinks will be the top toys of the holiday season. Many of Target's hottest toys, including FIJIT friends and the LeapFrog branded LeapPad, are also on toy lists for Toys"R"Us, Kmart and Walmart. 

  • Two limited-edition accessories collections make their way to Target

    MINNEAPOLIS — Target announced that it is partnering with designers Albertus Swanepoel and Dana Kellin to introduce two affordable, limited-edition accessories collections beginning this fall.

  • A favorable forecast provides tailwind to Q4 comps

    In addition to all the various strategies Walmart has in place to restore same-store sales growth to its U.S. division. A major factor in its favor is that the size of the pie is expected to growth this year.

    The National Retail Federation is out with its annual forecast, and according to the trade group, holiday sales are expected to increase 2.8% to $465.6 billion. While that growth is less than the 5.2% increase retailers experienced last year, it is slightly higher than the 10-year average holiday sales increase of 2.6%, according to NRF.

  • NRF: Holiday sales forecast to rise 2.8% to $465.6 billion

    Washington, D.C. -- A report released Thursday by the National Retail Federation predicted an average holiday shopping season. According to the NRF forecast, holiday retail sales for 2011 are expected to increase 2.8% to $465.6 billion. While that growth is far lower than the 5.2% increase retailers experienced last year, it is slightly higher than the 10-year average holiday sales increase of 2.6%, according to NRF.

  • Walmart plays up toy list, layaway

    BENTONVILLE, Ark. — While Toys"R"Us and Kmart were among the first retailers to release their hot toy lists, Walmart wasn't too far behind this year, offering many of the same toys as the aforementioned companies, and even some exclusives. 

  • J.C. Penney plans in-store holiday shops

    New York City -- J.C. Penney is adding holiday shops on its main floor, the Associated Press reported.

    The "Wrapt" shop concept will debut in the company’s Manhattan store this week. It will be rolled out to the chain’s stores nationwide on Oct. 24.

    The in-store shops will carry about 300 items, with the majority exclusive to J.C. Penney, according to the report.

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