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Seasonal

  • Costco plans special cash dividend payout on Dec.7; November sales beat Street

    Issaquah, Wash. -- Costco Wholesale Corp. on Wednesday said it will pay a special dividend worth some $3.0 billion to investors, sending cash to its shareholders ahead of a likely increase in the dividend tax. The chain also posted monthly same-store sales that beat analysts' expectations.

    “Our strong balance sheet and favorable access to the credit markets allow us to provide shareholders with this dividend,” Costco CFO Richard Galanti said in a statement.

  • Holiday Shopper Sentiment Report: Behind-the-Scenes Q&A

    Where did the idea for the Black Friday and Cyber Monday Consumer Face-Off originate?

  • Gillette, Green Bay’s Clay Matthews kick off online debate

    BOSTON — Gillette and its brand ambassador and Green Bay Packers Pro Bowl linebacker Clay Matthews have kicked off an online debate forum on Gillette’s Facebook page.

    With the NFL playoffs just around the corner, NFL fans are invited to show their passion and knowledge of the game for a chance to win weekly prizes and a grand prize trip to Super Bowl XLVII.

  • comScore: Cyber Monday retail spending hits record $1.46 billion

    Reston, Va. -- Spending on Cyber Monday reached $1.46 billion, up 17% versus a year ago, making it the heaviest online spending day in history, according to comScore.

    Retail e-commerce spending for the first 26 days of the November-December 2012 holiday season rose to $16.4 billion, up 16% versus the corresponding days last year.

  • Prospects bright for holiday sales among luxury consumers

    Stevens, Pa. -- Luxury consumers picked up their pace of shopping in the third quarter, with luxury spending up 25.8% over last quarter, according to Unity Marketing's Luxury Tracking Survey. "The first half of 2012 showed affluent consumers restrained in spending on luxury goods and services, but spending rebounded strongly in the third quarter survey with signs pointing to rising demand during the critical fourth quarter," said Pam Danziger, president of Unity Marketing.

  • B&N curries favor with teachers

    NEW YORK — Barnes & Noble will offer teachers a special holiday shopping event Saturday, Dec. 1.

    Educators who shop at their local Barnes & Noble store or at www.bn.com and present a valid Barnes & Noble Educators Discount Card will receive special discounts on select merchandise.

  • Toys "R" Us gains flexibility in Canada

    The Canadian division of Toys "R" Us has added new distribution capacity in British Columbia to receive imports and improve shipping to local stores.

    The 180,000-sq.-ft. facility, located in the Vancouver suburb of Delta, is the retailer’s third Canadian distribution center. It is strategically positioned to receive goods from overseas and domestic manufacturers who can now ship directly to British Columbia for distribution to local Toys"R"Us and Babies"R"Us stores.

  • American Eagle raises view after strong third quarter

    Pittsburgh -- American Eagle Outfitters Inc. on Wednesday reported a higher-than-expected third-quarter profit, helped by strong same-store sales. The chain also raised its full-year earnings prompting it to raise its full-year forecast for the second time this year.

    Net income for the quarter ended Oct. 27 rose to $78.6 million, from $52.4 million a year ago.

    Sales rose 11% to $910 million. Same-store sales jumped 10%.

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