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Seasonal

  • Accenture: Holiday spending to increase; discount stores top destination

    New York -- One-quarter (25%) of U.S. consumers plans to spend more on holiday shopping this year up from 20% in 2013, and spending on holiday gifts is expected to average $718, according to Accenture’s annual holiday shopping survey.

    The survey also found consumer enthusiasm for Black Friday shopping has reached its highest level in eight years. Two-thirds of respondents (66%) said they are likely to shop on Black Friday, compared to 55% who planned to do so in 2013.

  • ICSC: Holiday sales to increase 4%; strongest gain in three years

    New York -- The International Council of Shopping Centers forecasts a 4.0% increase in sales during the November-December holiday shopping period, the strongest gain in three years, amid positive economic signals. Total holiday shopping sales at shopping centers is estimated to be $488.6 billion in the same period.

  • Costco Q4 profit rises 13%, topping forecasts

    Issaquah, Wash. -- Costco Wholesale Corp. on Wednesday reported fiscal fourth-quarter net income of $697 million, exceeding Wall Street forecasts, amid strong back-to-school sales and higher membership fees. The retailer reported net income of $617 million in the year-ago period.

    Total sales for the quarter, ended Aug. 31, rose 9.3% to $35.52 billion, also better than expected.

    Same-store sales rose 7% (excluding fuel).

  • Sports Authority gears up for holiday season

    Sports Authority plans to hire 3,500 temporary employees across the country to meet consumer demand during the 2014 holiday season.

    All Sports Authority locations will begin hiring this month and will continue until December. The specialty retailer added that it plans to convert hundreds of seasonal workers into permanent staff after the holidays.

  • Retailer's Checklist: Are you Holiday Ready?

    Scott Fenwick, Manhattan Associates

    For the average consumer, the holiday season probably seems far away. As we recover from back-to-school mayhem, holiday shopping lists are not likely to be top of mind. Very soon, however, decorations will begin creeping onto store shelves, and seasonal commercials will make their first appearances during our favorite TV shows.

  • PwC US: Top 10 trends that will drive holiday shopping

    New York -- Cautious spending and economic realities that are bifurcating the American holiday shopper into two distinct segments are two of the 10 trends that are expected to drive the 2014 holiday shopping season, according to a new report from PwC US and Strategy.

  • Holiday shopping to decrease 7.5%

    The 2014 holiday shopping season will be characterized by cautious spending, while economic realities create one of two American holiday shoppers — survivalists and selectionists — according to a new report released Tuesday from PricewaterhouseCoopers U.S. and Strategy, titled "2014 Holiday Outlook: Top trends, consumer behaviors and implications for retailers."

  • Amazon expands seller holiday deals program worldwide

    For the first time in its history, Amazon will feature top deals from sellers on holiday deal pages worldwide. The holiday deals from sellers will now appear on the Amazon Today’s Deals page, Black Friday Store, Cyber Monday Store and many other high customer traffic site features.

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