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Seasonal

  • Deloitte forecasts a happy holiday, with 9% increase in spending on gifts

    New York -- Shoppers plan to spend more during the upcoming holiday season with omnichannel shoppers having even higher spending expectations. According to Deloitte’s 29th annual holiday survey, total holiday spending is predicted to increase by 13% to $1,299 per household, including gifts, socializing away from home, entertaining at home, non-gift clothing for family or self, home/holiday furnishings, and any other holiday-related spending not in the other categories.  
  • Macy’s introduces Holiday Arcade in-store shops

    New York –- For the upcoming holiday season, Macy’s is introducing the Holiday Arcade---in-store gifting shops that will launch at six Macy’s locations from late October through mid-November, including Macy’s South Coast Plaza in Costa Mesa, Calif., Macy’s Union Square in San Francisco, Calif., Macy’s Dadeland in Miami, Fla., Macy’s State Street in Chicago, Macy’s Herald Square in Manhattan, N.Y., and Macy’s Center City in Philadelphia. 
  • NPD identifies holiday tech trends

    With technology products at the top of many wish lists this Christmas, The NPD Group’s top analyst covering the product category weighed in with a dozen expectations for the holiday season.

    “The tech industry faces even more intense pricing and promotion than last year’s holiday shopping season,” said Stephen Baker, vice president of industry analysis at NPD. “The challenge of surpassing the impressive start to last year’s holiday season will be addressed head-on by the market’s emphasis on competitive offerings.”

  • Toys “R” Us begins great big promotion

    A strong start to holiday season at Toys “R” hinges on a carefully curated offering of merchandise offered online and in a catalog known as The Great Big Christmas Book being distributed to households this week.

  • Shoppers adjust behavior due to breaches

    New York -- As the holiday season approaches, shoppers are apprehensive about the rise in credit card breaches at major retailers and adjusting their shopping behavior accordingly. According to a new survey from TheStreet conducted by GfK, two-thirds of them are concerned that their credit card and personal information will be stolen whether they shop online or in stores.  
  • Build-A-Bear opens NYC holiday pop-up

    St. Louis -- Build-A-Bear Workshop is opening a new store location in the Brill Building in Times Square in New York City on Tuesday, Oct. 28. This seasonal pop-up shop offers an assortment of proprietary products, licensed properties and New York City-themed merchandise.   
  • 1-800-Flowers net loss continues in Q1

    Carle Place, N.Y. –- 1-800-Flowers.com reported a net loss of $4.58 million for the first quarter of fiscal 2015, a slight improvement from the $4.64 million net loss reported in the same quarter a year earlier. Expenses drove the company’s net loss.  
  • Report: Congestion at Los Angeles ports causing shipping crisis

    New York -- Congestion at the ports of Los Angeles and Long Beach (California) are causing logistical headaches for retailers that could turn into serious problems as they head into the holiday shopping season, according to the Los Angeles Times.  
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