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Seasonal

  • Nielsen’s Holiday Shopping Sales Survey advises retailers to market early

    Schaumburg, Ill. -- Online, club, dollar, toy and consumer electronics retailers, as well as categories such as gift cards, technology, vacations and toys, will all perform well this season, according to Nielsen’s fourth-annual Holiday Shopping Sales Survey.

    Across all income levels, only 5% of U.S. households plan to spend more this year, with affluent households (those earning $100,000 or more) leading the way.

  • Retail CFOs expect 3% increase in total 2011 sales

    Chicago -- Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA, LLP. While the number reflects the study’s most optimistic sales forecast since 2007, it is down from the 4.7% sales increase reported by the Commerce Department in 2010.

  • Toys ‘R’ Us to make more than 40,000 holiday hires

    Wayne, N.J. -- Toys “R” Us said Thursday that it will hire more than 40,000 employees to staff its U.S. stores and distribution centers this holiday season. In addition, employment opportunities will be available at the company’s 10 distribution centers, including the newest facility in McCarran, Nev.

    Toys “R” Us’ 2011 holiday hires are in line with previous years, when the company hired between 35,000 and 45,000 seasonal workers.

  • Bed Bath & Beyond Q2 profit up 26%, talks expansion

    Union N.J. -- Bed Bath & Beyond reported Thursday that net income for the quarter ended Aug. 27 rose 26% to $229.4 million, amid improved sales and contained costs. Sales for the quarter rose 8.3% to $2.3 billion, and same-store sales increased 5.6%.

  • Toys"R"Us boosts hiring ahead of holiday season

    WAYNE, N.J. — Toys"R"Us announced that it plans to hire more than 40,000 employees to staff its U.S. stores and distribution centers this holiday season, as the company anticipates another busy Christmas across all of its shopping channels. This number is in line with previous years, when the company hired between 35,000 and 45,000 seasonal workers. Throughout the coming months, the company said it will continue to assess its staffing needs and add more employees, as necessary.

  • ShopperTrak predicts 3% increase in holiday sales

    Chicago -- Retail sales will rise 3% percent during November and December compared to the year-ago period, but foot traffic will decrease 2.2%, according to ShopperTrak.

    ShopperTrak's holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth. The expected increase is moderate compared with the 2010 holiday season's 4.1% sales increase over 2009.

  • ShopperTrak: Holiday sales expected to be up, but foot traffic will drop

    CHICAGO — In the wake of several surveys projecting how shoppers will spend this holiday season, the latest study from ShopperTrak expects national retail sales to increase 3% during November and December, while foot traffic will drop 2.2%.

    ShopperTrak said its 3% holiday sales increase prediction follows 19 consecutive months of year-over-year U.S. retail sales growth, adding that the expected increase is moderate when compared with the 2010 holiday season's 4.1% sales increase over 2009.

  • RadioShack expands Nook in e-reader market

    NEW YORK — RadioShack, which already offers the Amazon Kindle, has expanded its e-reader offerings with the addition of the Nook from Barnes & Noble. The company announced Wednesday that it will offer Barnes & Noble's Nook e-reading devices and related accessories to more than 3,000 RadioShack stores nationwide and online at radioshack.com, beginning Oct. 3. 

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