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Winter Holidays

  • Online traffic down, but holiday sales set record

    Online sales soared to new heights this past holiday season even though major retailers had a tough time attracting traffic during December. For example, Target.com during December had 37.3 million unique visitors which sounds like a lot and was enough to earn it the 30th ranking on comScore’s top 50 Web properties report released this week.

  • Now hiring: .com readies for 2011 launch

    Target plans to launch its new website before the 2011 holiday season as is looking for people to join the Target talent community as it builds a best-in-class multichannel shopping experience. That’s according to the retailer’s website interesting openings are listed along with dozens of testimonials of people who already work for the company.

  • Rite Aid kicks off contest for Wellness+ members

    CAMP HILL, Pa. - Rite Aid on Monday sweetened the pot for those loyalty card members braving the cold and visiting the pharmacy in February.

    With the purchase of $100 or more of specially marked products throughout the store, Rite Aid’s Wellness+ cardholders can earn a $20 +UP Reward, and at the same time be automatically entered into a sweepstakes featuring more than $100,000 in prizes, as part of Rite Aid's new Winter Rewards Program through Feb. 26.

  • Survey: Tenants upbeat about 2011

    North Plainfield, N.J. -- A survey released Friday by Levin Management Corp. said that he majority of shopping center tenants are optimistic about the year ahead.

    According to the real estate firm’s pre- and post-holiday survey of Northeastern retailers, 61.5% of respondents were positive about 2011, and 52.2% of respondents said holiday sales topped or equaled 2009

  • Apple reports record revenue for Q1

    CUPERTINO, Calif. -- Apple announced that for its first quarter ended Dec. 25, 2010, it posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share. These results compare to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. 

  • ODP to provide free tax-return copies

    BOCA RATON, Fla. -- Office Depot announced that will once again provide customers with free copies, up to 25 single-sided pages, of 2010 tax returns.

    Through April 15, 2011, customers will be able to participate in this special offer by visiting the Copy and Print Depot in any one of the more than 1,100 Office Depot retail store locations nationwide.

  • Retail sales in December rise for sixth consecutive month

    Washington, D.C. -- Retail sales rose for a sixth consecutive month in December, with big gains in sales of autos and furniture. The increases lifted sales activity for the year by the largest amount in more than a decade.

    Sales rose 0.6% last month to a level of $381 billion, the Commerce Department said Friday, less than the 0.8% economists had expected. However, the increase pushed sales for all of 2010 up 6.7%, the largest annual increase since 1999. Excluding autos, retail sales rose 0.5% last month.

  • Strong holiday prompts Williams-Sonoma to boost forecasts

    San Francisco -- Williams-Sonoma's strong holiday sales performance prompted the home-products retailer to lift its fourth-quarter and full-year earnings and revenue forecasts on Thursday.

    Revenue climbed 10.5% to $865 million for the eight-week holiday period ending Dec. 26, 2010. Same-store sales rose 5%.

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