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  • Penney same-store sales up 10% in November

    Plano, Texas  -- J. C. Penney said that its same-store sales rose 10.1% for the fiscal month ending November 30, 2013.  The retailer's stock was up 4.6% to $10.57 percent in after-hours trading Tuesday.

  • Amazon Drones and Holiday Sales

    By Leslie Hand, research director, IDC Retail Insights

  • How the Amazon Grinch Stole Retailers’ Christmas

    By Rodney Mason, CMO, Parago, [email protected]

    In its annual survey of holiday spending trends, Deloitte reports that 46% of consumers plan to do their holiday shopping online. That puts online shopping in the number-one position for the first time in the survey’s history. Deloitte also found that nearly six out of 10 shoppers plan to use self-help technologies in-store when holiday shopping.

  • Gold’s Gym expands in Southern California

    Montclair, Calif. — Gold’s Gym has announced the opening of a location in the newly remodeled Montclair Plaza in Montclair, Calif. The new location will join 11 existing Gold’s Gym Southern California franchise locations. Slated to open April 1, 2014, the 40,000-sq.-ft. facility will feature GGX group exercise offerings, cardio equipment with iPod docking stations, a steam room, Cardio Cinema, towel service, an indoor pool, Jacuzzi and more.

    Other recent arrivals at Montclair Plaza include Mina Shoes, Fly and Xtreme.

     

  • Survey: Americans prefer in-store gift purchases

    Matthews, N.C. – Americans prefer to make most gift purchases in stores close to home. Seven-in-10 consumers in a recent survey conducted for Family Dollar say they describe themselves as in-person shoppers, while only 30% say they would be best characterized as online shoppers.

  • Holidays looking happier for JCP

    Same store sales increased 10.1% during November at J.C. Penney, the company announced during an update on its holiday performance.


    In addition to the double digit comp performance, J.C. Penney said its e-commerce sales through jcp.com continued to be strong, running well ahead of last year, consistent with last month's trend.

  • Retail Store of the Year Awards: Entry deadline is Dec. 23

    New York – Give your project the recognition it deserves — enter Chain Store Age’s 32nd annual Retail Store of the Year design competition. The entry deadline is December 23, 2013.

    More than 20 competition categories are featured, including department stores, supermarkets, discounters, restaurants, convenience stores, specialty stores, service, sustainability and pop-up stores. This year, for the first time, the competition also includes the category of in-store digital innovation.

  • Starbucks prices $750 million of senior notes

    Seattle – Starbucks has priced an underwritten public offering of senior notes. The company plans to use the net proceeds from the offering of $400 million of 0.875% senior notes due 2016 and $350 million of 2.000% senior notes due 2018 to fund a portion of the payment required by the previously announced arbitration award in the Kraft litigation matter.

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