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Seasonal

  • Deloitte: In a first, online to match physical store spending this holiday

    Retailers could see record Web traffic this year, according to Deloitte's 31st annual holiday survey of consumer spending intentions and trends.   

  • Report: Retailers will lose $50 per person in shrink this holiday season

    The retail loss burden overall is expected to be $132 per person this year.   However, $50 of this loss — about twice as much as in other calendar quarters — is expected to be incurred in this holiday season, according to “The 2016 Retail Holiday Season Global Forecast” from Checkpoint Systems. The report provides an analytical view of business risks that major retailers face during this holiday season.   

  • Gymboree reports tough third quarter

    A rough summer season, and an adjusted fiscal year end, took a toll on Gymboree’s third quarter earnings.   The retailer’s net sales for the three months ended July 30, 2016, were $250.3 million, a decrease of 4% compared to $261.8 million for the three months ended August 1, 2015.   

  • Moody’s: Slow supply chains are department stores' Achilles heel

    Relatively slow supply chains are hindering department stores’ ability to compete effectively in today’s retail market.     

  • Target focusing on deals, value this holiday season — and John Legend

    Value and promotions will take center stage in Target Corp.’s holiday plans, along with a televised “musical” starring a 10-time Grammy-winning recording artist.   In addition to new and exclusive merchandise in every product category, Target is offering an array of holiday deals, including the return — and extension by one week — of free shipping for all online orders from Oct. 25 through Jan. 1, 2017.    

  • Best Buy upholds tradition of free holiday shipping

    Looking to attract shoppers in what is expected to be a highly competitive season, Best Buy is waiving online shipping fees.   For the second year in a row, the electronics retailer is offering free shipping on all online purchases — with no minimum threshold — made during the holiday shopping season. The perk will run between Oct. 25, and Jan. 2. Best Buy typically charges a fee for all orders below $35.  

  • Sears responds to claims that it failed to pay toy vendor

    A spat with a toy vendor could make for a difficult holiday shopping season for Sears Holdings.   Due to claims of financial difficulties, reports claim that toy manufacturer Jakks Pacific has halted sales of its Star Wars and Disney Princess toys, among other merchandise, to “a major U.S. customer," which was presumed by some to be Kmart, according to CNBC.  

  • Off-price, online, health/beauty stores to pace strong holiday rebound

    American consumers will generate an accelerating 4.1% year-over-year increase in 2016 holiday sales, well exceeding 2015’s tepid 3.6% growth.  
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