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Seasonal

  • SpendingPulse survey shows uptick heading into holidays

    New York — Shoppers opened up their wallets in early November, providing retailers with some early holiday cheer. Spending on apparel, jewelry and luxury goods showed strong increases from the same time a year ago, according to MasterCard Advisors' SpendingPulse, which includes transactions in all forms including cash.

     

  • Wal-Mart will offer price matching over Black Friday weekend

    Bentonville, Ark. — Wal-Mart Stores Inc. will match competitor prices beginning on Thanksgiving Day and running through the Black Friday weekend.

    Customers can bring in competitors ads and Walmart will match the price of any identical price at the register. The offer does not apply to online purchases.

    Wal-Mart is also offering 150 online-only specials on Thanksgiving Day as well as "Black Friday" specials on electronics, home and apparel items in stores throughout the rest of the weekend.

  • Nielsen: Consumers ready to shop on Black Friday

    Schaumburg, Ill. - Nearly one in five Americans will shop on Black Friday, and more than half (61%) plan to spend $100 to $500, according to a new survey by The Nielsen Company.  Among the likely Black Friday winners are department stores, with 76% of consumers planing to shop the channel, and supercenters/mass merchandisers, where 55% will shop.

  • Ann Taylor profit tops estimate, upbeat on holiday

    New York City -- AnnTaylor Stores Corp.'s fiscal third-quarter profit rose, aided by better-than-expected sales growth. Net income surged to $24.2 million in the third quarter ended Oct. 30, compared with $2.1 million a year earlier.

    Total sales rose 9.3% to $505.3 million, above analysts' expectations of $492.8 million.

    Same-store sales increased 11.7% overall, with a 21.9% rise at the Ann Taylor brand and a 4.5% less expensive Loft chain.

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