Retail

Waterbury, Conn. –- Likely spurred by back-to-school needs, consumers increased their spending on books 13% in the third quarter of 2014 compared to the same quarter the prior year. According to the quarterly Chase Freedom Lifestyle Index quarterly barometer of consumer trends based on aggregated Chase Freedom cardholder spending data, spending at craft stores (up 7%) also rose significantly in the quarter.  

Redwood Shores, Calif. -- Kohl’s has overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, allowing the retailer to coordinate a unified system of record for inventory to better serve multi-channel customers and to simplify its business user experience.  

San Francisco –- Compared to non-users, Twitter users start holiday shopping earlier, spend more and are more prone to impulse purchases. According to a new study conducted by brand research firm DB5 for Twitter, more than a third (34%) of Twitter users have already begun thinking about holiday shopping, and 81% say they love holiday shopping, compared to 56% of non-users.  

Bentonville, Ark. -- Walmart is upping the ante on holiday shopping. The chain announced that, starting Saturday, Nov. 1, it will reduce prices on more than 20,000 items. Walmart is also launching its holiday promotions on the first weekend in November to get a jump on what is expected to be a highly competitive selling season.  

Consumer electronics retailer Adorama is the latest company to join with Google Express to offer same day delivery in Manhattan.

Customers can now have their purchases of computers, tablets, smartphones, cameras, even TVs and home theaters, delivered right to their door on the same day they order. Google Express is currently offering a three-month free trial on eligible orders over $15 for new members or use the service for $4.99 per order on eligible orders over $15. 

San Francisco -- Ben & Jerry’s has opened its largest flagship to date, a 3,000-sq.-ft., two-story location in São Paulo, Brazil.     Designed by Tesser, a San Francisco strategic branding and design firm, the property showcases the company's social mission along with its iconic ice cream treats.   

By Craig Johnson, Customer Growth Partners   With a third straight year of dismal retail spending, American consumers will generate only a lackluster 3.4% year-over-year increase in holiday sales, well below the 5% pace in 2010 and 2011, according to Customer Growth Partners’ 14th Annual Holiday Forecast.   

When it comes to science and learning, it’s ok to fool around, according to Barnes & Noble.  The nation’s largest retail bookseller and the provider of digital content and educational products is launching a one-of-kind Educational Toys and Games Science Center in select stores nationwide and online.