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Winter Holidays

  • comScore: Total online spending sets record $32.6 billion

    Reston, Va. -- Retail e-commerce spending for the entire November -- December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season, according to comScore.

  • A busy day for BJ's

    The New Year is off to a busy start at BJ’s Wholesale Club. Amid ongoing speculation about the retailer being a potential takeover target, BJ’s on Wednesday announced the closure of five clubs, several senior level personnel changes and released its December sales a day earlier than normal.

  • Year-over-year sales up 6.5% for week ending Jan. 1

    Chicago -- Year-over-year retail sales increased 6.5% for the week ending Jan. 1, according to ShopperTrak’s National Retail Sales Estimate, while the company’s Retail Traffic Index (SRTI) reported foot traffic rose 4.1% for the same period.

  • More proof of strong online holiday sales

    RESTON, Va. - Comscore reported that retail e-commerce spending for the entire November to December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season.

  • Family Dollar profit up nearly 10%, 300 stores on tap for 2011

    Matthews, N.C. -- Family Dollar Stores said Wednesday that its fiscal first-quarter profit climbed 9.9% on strong candy and food sales and higher customer traffic. The discounter reported net income of $74.3 million for the period ended Nov. 27, up from $67.6 million a year ago. Its results, however, were short of analysts expectations, with the disappointing profit attributed primarily due to lower gross margins and higher freight costs.

  • MasterCard: Strong growth in December across many retail sectors

    Purchase, N.Y. -- Retail growth in December sales was robust across many categories, further building on November’s positive results, with some performing at better than pre-recession levels, according to MasterCard Advisors SpendingPulse, which tracks national retail and services sales.

  • Rising tide lifts TGT.com boat

    Target.com was second only to Walmart.com in terms of the number of unique visitors its website attracted this holiday season, and as such is well positioned to capture a large share of this year’s record online spending. Total online holiday sales advanced 13% to nearly $31 billion, according to the online measurement firm comScore. For the 56-day period beginning Nov. 1 through Dec.

  • Giant Food gives customers Healthy Ideas

    LANDOVER, Md. — Giant Food is helping customers stick to their New Year resolutions by emphasizing its product labeling system.

    Healthy Ideas, which initially launched in January 2009, identifies healthy options for customers as they shop the aisles, and includes both perishable and nonperishable items, as well as private-label and national brands.

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