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Winter Holidays

  • Report: Luxury retailers and discounters most likely to expand

    New York — Backed by an improving economy, a recent surge in jobs and ten consecutive months of rising retail sales, a broad range of retailers are poised to fill up empty retail spaces over the next 12 to 18 months, according to Colliers International,  the third-largest commercial real estate services company in the world.

  • Dollar Tree continues strong earnings streak

    CHESAPEAKE, Va. — Dollar Tree reported 34.4% year-over-year EPS growth for the first quarter of 2011. Earnings per diluted share for the first quarter were 82 cents, compared with earnings per diluted share of 49 cents reported for the quarter ended May 1, 2010, which included a non-recurring, non-cash charge of $26.3 million relating to a retail inventory accounting change in the first quarter 2010.

  • Home Depot commits to helping weather-impacted communities

    Atlanta -- The Home Depot Foundation announced that it has created a $1 million weather impact fund to aid relief, recovery and rebuilding efforts in response to the recent storms throughout the Southeast and Midwest United States, and in expectation of continuing violent storms throughout the spring season.

  • Consumers intend to splurge on mom

    Mother’s Day may be considered a “Hallmark Holiday,” but that won’t stop consumers from showering mom with gifts on May 8. According to NRF’s 2011 Mother’s Day Consumer Intentions and Actions survey, conducted by BIGresearch, the average person celebrating the holiday is expected to spend $140.73 on gifts, up from $126.90 last year, and a return to 2008 spending levels. Total spending is expected to reach $16.3 billion.

  • Inflation isn’t evident at Easter

    For all the talk of inflation this year, whether it is the price of cotton or the cost of food, Easter won’t cost any more this year than last year for shoppers who are selective in their purchases at Target.

  • First Data report: Year-over-year surges

    Atlanta -- A report released Monday by First Data Corp., which tracks year-over-year same-merchant activations, redemptions and reloads of merchant-branded prepaid cards in the United States, including spending, gift, incentive and promotional cards, revealed that delayed post-holiday redemptions and incentives drove activations in first quarter 2011.

  • SpendTrend report: March growth steady despite challenging comps

    Atlanta -- A report released Tuesday by First Data Corp. found that, despite tough comps and a late Easter, March 2011 same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations showed a steady uptick.

  • With March behind, retailers look to Easter in April

    WASHINGTON — While the calendar shift of Easter may have taken a toll on retailers' march performance, April sales should see a boost, as the National Retail Federation noted that consumers intend to spend more this year than in 2010.

  • Discounters thriving north of the border

    MONTREAL – U.S. discount-store operators should keep an eye on their Northern neighbors, as Canadian dollar stores continue to thrive. Anticipating their growth potential, Virginia-based Dollar Tree acquired Canada’s Dollar Giant Store in November 2010, adding 86 more stores to its repertoire and marking its first expansion outside of the United States.

  • A&P highlights Kosher offerings for Passover holiday

    MONTVALE, N.J. — Grocer A&P has kicked off a new initiative to expand its Kosher product offerings in time for the Passover holiday season.

    From now through April 28, Passover shoppers at select A&P, Pathmark, Waldbaum's and Food Emporium stores serving Jewish communities throughout the tri-state area will find new and improved Kosher grocery selections, the retailer stated. Enhanced offerings include Kosher prepared foods and deli meats.

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