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Seasonal

  • SpendingPulse: Overall sales momentum continues, but category strength shifts

    Purchase, N.Y. -- October’s unusual weather patterns — an unseasonably warm first half of the month and a snow storm on the last Saturday of the month — may have pushed some spending into November, according to MasterCard Advisors SpendingPulse, a macroeconomic report tracking national retail and service sales across all payment forms including cash and check.

  • Sears Holdings enters the future of shopping with mobile walls

    HOFFMAN ESTATES, Ill.  — Sears Holdings has entered the future of staying connected to consumers introducing mobile shopping walls in high-traffic areas.

  • Sears and Kmart introduces ‘mobile shopping walls’ for holiday shopping

    Hoffman Estates, Ill. -- Sears and Kmart stores are debuting “mobile shopping walls” in high-traffic areas to reach customers who are traveling or on-the-go during the holiday season. The walls, which feature top toys from Sears and Kmart, provide Quick Response codes for each item so that customers can make purchases directly from their smartphones, giving customers an innovative and efficient way to accomplish their holiday shopping.

  • Kohl’s tops Street, JCPenney misses

    NEW YORK — Kohl's Corp. reported a 3.9% rise in same-store sales in October, better than analysts’ expectations, amid strong demand for its new Jennifer Lopez and Mark Anthony brands.

    In a statement, CEO Kevin Mansell said that customers responded favorably to the pair of new brands, as well as the company's marketing programs.

    “As we enter the important fourth quarter, we plan to continue our investment in marketing, especially digital and broadcast, to drive customer traffic and broaden our reach,” he said.

  • Kohl’s tops Street, J.C. Penney misses

    New York City -- Kohl's Corp. reported a 3.9% rise in same-store sales in October, better than analysts’ expectations, amid strong demand for its new Jennifer Lopez and Mark Anthony brands.

    In a statement, CEO Kevin Mansell said that customers responded favorably to the pair of new brands, as well as the company's marketing programs.

    “As we enter the important fourth quarter, we plan to continue our investment in marketing, especially digital and broadcast, to drive customer traffic and broaden our reach,” he said.

  • Deloitte: Consumers in good spirits about holiday shopping

    NEW YORK — While consumers remain concerned about the economy, it is not enough to damper their holiday shopping spirit. According to a recent Deloitte survey, while two-thirds (67%) of consumers expect the economy to stay the same or weaken next year, nearly 3-out-of-5 people (59%) will put aside economic worries and spend the same or more this holiday season. This is a slight decline from 2010 but an eight percentage point increase from 2009. 

  • Kronos Retail Labor Index edges down

    Chelmsford, Mass. -- The Kronos Retail Labor Index edged down to 3.8% in October 2011, following an upwardly revised 4.2% for September, which was the first reading above 4% since October 2008. Even with the small decline in October, the Retail labor Index remains well above the series low of 2.8% in January 2011.

  • Big Lots 3Q comps up 1.7%

    COLUMBUS, Ohio — Big Lots reported that sales for the third quarter ended Oct. 29 were $1.1 billion, an increase of 6% compared with $1 billion for the third quarter of fiscal 2010. Comparable-store sales increased 1.7% for the third quarter of fiscal 2011.  

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