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Winter Holidays

  • September retail sales jump 1.1%, beating forecasts

    New York City -- U.S. retail sales in September grew at their fastest pace in six months, beating forecasts and rising 1.1%, the Commerce Department reported Friday. Excluding the auto sector, sales rose 0.6%, also better than expected. The increase gave retailers renewed hope for the upcoming holiday season.

    The Commerce Department also reported that sales for August, which were originally reported as unchanged, were revised up to a 0.3% increase.

  • IBM analytics forecast: Jewelry sales to bring holiday cheer to retailers

    Armonk, N.Y. -- Jewelry will be one of the brightest categories for U.S. retailers this holiday season, according to a new analytics-based forecast by IBM. Jewelry sales are set to hit $2.6 billion In November, up 7.7% over the year-ago period, IBM reported, and $5.4 billion in December, up 4% over last year.

  • Walmart marketing to reach unprecedented level this Christmas

    There will be no escaping the long arm of Walmart’s marketing efforts this holiday season as the retail reminds shoppers it has the lowest prices on the broadest assortment of merchandise. Chief merchandising office Duncan Mac Naughton is making sure of that, and on Wednesday he outlined all of the ways the company plans to communicate with shoppers in the months ahead.

  • TRU wish list program to help support Make-A-Wish Foundation

    WAYNE, N.J. — Toys"R"Us announced that through Nov. 5, for every wish list created in-store or online it will donate $1 in Toys"R"Us gift card, up to $50,000 to the Make-A-Wish Foundation. In addition, the Toys"R"Us Children's Fund, a public charity affiliated with Toys"R"Us Inc., has provided the Make-A-Wish Foundation with a $275,000 grant.

  • NCR launches CPMobile POS solution for specialty retailers; Hobby Superstore in pilot application

    Duluth, Ga. -- NCR Corp. announced the launch of CPMobile, a mobile retail management solution designed to enable specialty retailers to engage more directly with consumers throughout the sales process and provide a level of customer service that will drive revenue and differentiate them from their competition.

  • Comps nightmare ending at Walmart

    BENTONVILLE, Ark. — Two years of declining same-store sales at Walmart are poised to end next month when the retailer reports third quarter results that reflect positive momentum from a wide range of initiatives put in place during the past 12 months, judging from comments made by senior executives during an all day meeting with analysts on Wednesday.

  • Wal-Mart annual meeting to discuss business at U.S. stores

    Bentonville, Ark. -- Wal-Mart Stores will hold its annual meeting in Rogers, Ark., near its Bentonville, Ark., headquarters on Wednesday, and said the meeting focus will be on reversing the decline in its U.S. Walmart stores’ business.

    The retailer is also expected to share information about its upcoming holiday strategies and discuss capital spending plans.

  • Jo-Ann increases holiday hiring

    Hudson, Ohio -- Jo-Ann Fabric and Craft Stores said Monday it will increase its work force by more than 15% for the holiday season.

    Tom Williams, senior VP human resources for Jo-Ann, announced the company has begun the seasonal recruiting process and will hire more than 3,000 additional employees before the holidays.

    The company attributes the seasonal hiring to anticipation of increased traffic in stores through the holiday season.
     

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