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Seasonal

  • Lululemon tops estimates in Q3; confident about holiday

    Consumers’ demand for stylish workout wear no shows on slowing down.        Lululemon Athletica Inc.’s sales rose 13% to $544.4 million, surpassing Wall Street estimates.   Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7%. Same-store sales rose 4%.      Profit in the quarter was 47 cents a share, excluding some items. Analysts estimated 43 cents on average.    
  • Sears expands its ride with Uber

    Hoping to lessen the hustle and bustle of the holidays, Sears Holdings and Uber are expanding its Rider Rewards program to 23 new markets.   The service, which launched this fall in New York City and Chicago, enabled Sears Shop Your Way loyalty shoppers to link their memberships to their Uber accounts. Every Uber ride they take earns them $2 in loyalty points.  
  • Target sponsors home decor pop-up in Manhattan

    Target Corp. has teamed up with Domino, a trendy home decor magazine.   Domino has opened its first-ever retail store, a pop-up sponsored by Target, in Manhattan, Mediapost.com reported.  
  • Newegg reports record-breaking November sales

    Newegg closed the books on its most successful “Black November” to date.   Strong sales from the five-day period of Thanksgiving through Cyber Monday drove a 19.1% year-over-year sales increase. These sales surpassed online shopping as a whole, which increased 15.2% during that same time-rame, according to Adobe Digital Insights, as reported on Nov. 29.   
  • UPS: High-tech shoppers drive clicks this holiday season

    High-tech purchases could account for a major portion of consumer holiday spending this year — and they will be placed by high-tech shoppers.   This prediction was made in a report by UPS, “2016 UPS How to Click with High-Tech Online Shoppers.”     
  • PayPal makes cash gift-gifting more personal — and stylish

    PayPal tapped noted designer Jonathan Adler to personalize gift cards for the payment company’s person-to-person (P2P) payment service. Consumers who opt to use the service to give  money to friends and family, can now choose from six exclusive yet customizable digital holiday and generic gifting cards — a move that personalizes their “gift of money,” and adds a chic touch to an often impersonal gift option.  
  • Tech Bytes: Want to succeed this holiday season? Build up the ‘team’

    Clearly, Cyber Week’s promotions helped to produce record-breaking sales — but discounts alone won’t drive success this holiday season.   Let’s face it — even the best deals won’t matter if a retailer doesn’t have those highly-coveted Hatchimals or wireless Dr. Dre Beats in-stock and ready to be shipped in record-time. This battle will be won with a focused staff that is trained and ready to handle an onslaught of incoming orders; respond to customer questions and efficiently fulfill orders.
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