Skip to main content

Winter Holidays

  • AAA forecasts higher holiday travel

    WASHINGTON — AAA forecasts 91.9 million Americans will travel 50 miles or more from home during the 2011-2012 year-end holiday travel season, a 1.4% increase over the 90.7 million people who traveled one year ago, the travel organization announced earlier this week. This year’s expected year-end holiday travel volume is the second-highest in the past decade and represents 30% of the total U.S. population.

  • Walmart spotlights disaster-torn communities on day five of Facebook campaign

    Bentonville, Ark. -- Walmart said Friday that, on the fifth day of its "12 Days of Giving" Facebook campaign, it is awarding $130,000 to 13 nonprofits that are helping restore communities after natural disasters. Communities in Alabama, Connecticut, Missouri, Nebraska, New Jersey, North Carolina, North Dakota, Pennsylvania, Texas and Wyoming will receive contributions from Walmart Foundation, the retailer’s philanthropic arm.

    Over 12 consecutive days, Walmart will award a total of $1.5 million to 145 organizations.

  • Pier 1 continues comps streak

    FORT WORTH, Texas — Pier 1 Imports continued its streak of strong same-store sales for the third quarter, reporting that same-store for the quarter ended Nov. 26 sales increased 7% versus last year’s increase of 10.2%. Net income for the quarter was $23 million, or 21 cents per share, which included an income tax provision of $12.4 million.

  • Green Monday online spending up 19% to $1.13 billion

    RESTON, Va. -- Data released Wednesday by comScore showed that holiday season retail e-commerce spending for the first 42 days of the 2011 holiday season is up 15% year-over-year. Through “Green Monday,” Dec. 12, $26.8 billion has been spent online.

    The most recent week (week ending Dec. 11) reached a record $6.1 billion in spending, in line with the season-to-date’s 15% growth rate, according to the report.    

  • Pier 1 Q3 profit up, beats Street

    Fort Worth, Texas -- Pier 1 Imports Inc.'s third-quarter profit climbed 10% to $23 million from $21 million a year earlier, better than analysts expected. 

    Revenue increased 8% to $382.7 million from $353.8 million, boosted by a higher average ticket and more traffic.  Same-store sales were up 7%. 

    The retailer also said Thursday that its sales so far in December are strong and that it expected the momentum to continue until Christmas. 

  • TRU staying open for 112 hours through Christmas Eve

    WAYNE, N.J. — Toys"R"Us Has announced that its stores nationwide will remain open for 112 uninterrupted hours beginning at 6am on Tuesday, Dec. 20 and continuing through 10 p.m. on Christmas Eve.

    In conjunction with continuous shopping during the last few days leading up to Christmas, Toys"R"Us will hold a two-day sale from Tuesday, Dec. 20 to Wednesday, Dec. 21.

  • JoS. A. Bank’s mobile sales up 3,000% on Black Friday

    SAN FRANCISCO — JoS. A. Bank's mobile checkout on Black Friday saw an increase of over 3,000%, compared with its previous daily average.

    The m.josbank.com site, powered by 5th Finger's RedShop, has been in operation since early 2011 and offers on-the-go shoppers a detailed product catalog, reviews, educational tools and offers. "JoS. A. Bank considers mobile a critical part of its multichannel strategy, and another way to provide customers with a friendly, quick, and convenient shopping experience,” said Pete Zophy, divisional VP of Ecommerce.

  • Toys “R” Us stores to stay open for 112 consecutive hours

    WAYNE, N.J. -- Toys"R"Us announced that its stores nationwide will remain open for 112 uninterrupted hours beginning at 6am on Tuesday, Dec. 20 and continuing through 10 p.m. on Christmas Eve.

    In conjunction with continuous shopping during the last few days leading up to Christmas, Toys"R"Us will hold a two-day sale from Tuesday, Dec. 20 to Wednesday, Dec. 21.

X
This ad will auto-close in 10 seconds