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  • Toys “R” Us holiday promo plans include retro ads and QR codes

    Wayne, N.J. -- Toys "R" Us holiday plans mix technology — QR — codes and retro ads that speak to the company’s heritage.

    As part of its 2011 holiday advertising campaign, the chain will air a series of themed television commercials designed to showcase the company's toy expertise and its strengths as a specialty retailer. The commercials include two ads from its archives which celebrate the heritage of the brand. Another group of ads feature products exclusive to Toys “R” Us.

  • Toy imports dip 9% in U.S. despite approaching holidays

    Newark, N.J. -- A report released Friday by the Journal of Commerce/PIERS showed that U.S. toy imports dropped 9% year-over-year in September, as the country's retailers apparently chose caution heading into the 2011 holiday season.

    The drop in container volume, most of it from China, was the eighth straight for toys coming into the United States and a strong sign that the nation's stores are concerned with figures showing waning consumer confidence and opting to keep inventories lean rather than face deep-discount sales.

  • Report: Consumer confidence unexpectedly up in October

    New York City -- A report released Friday by Thomson Reuters and the University of Michigan found that consumer confidence in the United States rose unexpectedly in October, a signal that an economic recovery process may still be intact.

    The Thomson Reuters/University of Michigan final index of consumer sentiment climbed to 60.9 from 59.4 in September, beating Bloomberg News economists’ projections of a drop to 58.

    The preliminary reading for the month was 57.5.

  • Target starts Black Friday earlier, extends holiday hours

    MINNEAPOLIS — Target is getting an early jump on Black Friday this year, announcing that it will open its stores at midnight on Nov. 25. 

    “The holidays bring hectic schedules and tight budgets, so extending store hours and offering lots of additional ways to save makes Target a great choice for affordable, one-stop holiday shopping,” said Tina Schiel, EVP stores for Target.

  • Mall at Short Hills launches interactive holiday experience

    Bloomfield Hills, Mich.-based Taubman Centers has unveiled a comprehensive holiday program for its Mall at Short Hills, in Short Hills, N.J.

    From now through the end of the 2011 holiday season, the mall – which features Bloomingdale’s, Macy’s, Neiman Marcus, Nordstrom, Saks Fifth Avenue and 160 retailers – is showcasing the season with such offerings as an Ice Palace, a free, multi-sensory exhibit with falling snow, interactive elements, footage of arctic animals and landscapes, an Ice Princess and a visit to Santa Claus.

  • Whole Foods supports Share Our Strength's No Kid Hungry campaign

    AUSTIN — Whole Foods is supporting Share Our Strength's No Kid Hungry campaign with several promotions:

    • Whole Foods will match donations up to $25,000 of funds donated online, WholeFoodsMarket.com/holidays, to the cause;

    • When shoppers purchase gift cards from Nov. 16 through Dec. 31, Whole Foods will donate $1 for every card purchased to No Kid Hungry;

  • Customer Growth Partners: Holiday sales to rise 6.5%, to $554 billion

    New Canaan, Conn. -- Value-focused but financially healthier American consumers will propel 2011 holiday sales to a record $554 billion, according to retail consultancy Customer Growth Partners’ 10th annual holiday forecast. The forecast, which is significantly more upbeat than other holiday surveys, predicts total retail sales growth of 6.5% for the November-December period over last year, the most rapid growth since 6.9% in 2004 — and over twice consensus forecasts called for lackluster growth of only 2.5%-3%.

  • Target to open at midnight on Black Friday

    Minneapolis -- Target Corp. said Friday that it will open its stores across the country at midnight on Thanksgiving for the first time in the retailer’s history.

    Stores opened at 4 a.m. on Black Friday last year.

    Target, which said its move was in response to customer demand, said its stores will stay open for 23 hours and close at 11 p.m. Friday, Nov. 25.

    Last year, most Walmart stores opened by midnight on Thanksgiving.
     

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