Consumer Electronics

Nordstrom Rack to open in Tigard, Ore.
Seattle -- Nordstrom plans to open a new Rack discount store next fall in the Portland suburb of Tigard, Ore.

The retailer said the new 45,000-sq.-ft. t store will open in Cascade Plaza in Tigard, about a mile away from a full-line Nordstrom store in the Washington Square shopping center.
First Data Report: Card-based spending surges on Black Friday
Atlanta - A report released Monday by payment solution provider First Data Corp. found that on Black Friday, card spending growth returned to pre-recession levels.

According to the First Data SpendTrend analysis for Black Friday 2010, which tracks same-store consumer spending via credit, signature debit, PIN debit and EBT cards at U.S. merchant locations, year-over-year same-store dollar volume grew 12.3%.

Transaction growth was 10.1%.

B&N 2Q loss in line with guidance
Amazon, Walmart top Brand Keys’ Cyber Monday list of most-visited sites

New York City - According to the Brand Keys Holiday Survey, released Tuesday, Amazon topped the marketing research consultancy’s list of the top 10 retailers based on customer visits.

Walmart and Apple tied for second, followed by Target, Zappos, Best Buy and Dell, Kohls, Overstock and QVC, Lands End and L.L. Bean, J.C. Penney, and Macy’s.
Target.com tops one million visitors
Nordstrom entering bridal business with dedicated in-store shops

New York - Nordstrom is putting its foot in the bridal business, opening an in-store bridal boutique called the Wedding Suite at its Chicago flagship on North Michigan Avenue, according to the Chicago Tribune. The department store retailer is positioning itself as a one-stop shop for wedding parties, and will unveiling 14 bridal salons at stores nationwide over the next six weeks, the report said.
Holiday off to positive start as retailers gear up for Cyber Monday

New York - The holiday shopping season got off to a positive if unspectacular start, according to preliminary results from the Black Friday weekend. The number of people who shopped at stores and online between Thursday and Sunday was up 8.7% to 212 million shoppers, according to a National Retail Federation survey of 4,306 shoppers conducted by BIGresearch. The total amount spent during the four-day weekend reached an estimated $45 billion, with the average spending rising 6.4% to $365.34, the survey showed.
Disney’s Times Square Gambit

Disney Store has opened its largest and most ambitious store to date -- smack in the middle of Manhattan’s Times Square. The 20,000-sq.ft., two-level Disney emporium is about five times bigger than most Disney stores, with a layout that is divided by the company’s most popular franchises.
Hhgregg opens Florida, Pennsylvania stores

Naples, Fla. -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that Hhgregg has joined Carillon Place, a 283,238-sq.-ft. community center in Naples, Fla., and Peach Street Square, a 676,245-sq.-ft. shopping center in Erie, Pa.

Joining national tenants Walmart Neighborhood Market, Bealls Outlet, T.J.Maxx, Ross Dress for Less and OfficeMax, Hhgregg opened a 36,459-sq.-ft. store at Carillon Place.

The 28,152-sq.-ft. Hhgregg store at Peach Street Square joins Lowe's, Home Depot, Kohl's, Cinemark and PetSmart.
Nielsen releases Black Friday spending projections

Nordstrom Rack to open in Tigard, Ore.

First Data Report: Card-based spending surges on Black Friday

B&N 2Q loss in line with guidance

Amazon, Walmart top Brand Keys’ Cyber Monday list of most-visited sites

Target.com tops one million visitors

Nordstrom entering bridal business with dedicated in-store shops

Holiday off to positive start as retailers gear up for Cyber Monday

Disney’s Times Square Gambit

Hhgregg opens Florida, Pennsylvania stores

Nielsen releases Black Friday spending projections