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  • RetailNext: Holiday sales expected to climb only 2.8%

    A sluggish economic recovery will prevent sales from rising more than 2.8% this holiday season, according to analytics firm RetailNext.

    Last week, the National Retail Federation estimated a 3.7% increase in holiday sales, slightly less than last year. Deloitte also called for a 3.5% to 4% increase. This week the International Council of Shopping Centers predicted a 3.3% increase.

    RetailNext's forecast for U.S. retail stores this holiday season (November – December) includes:

  • Stark Enterprises announces retail property acquisition

    Pickerington, Ohio -- Stark Enterprises acquires The Shoppes at Stonecreek in Pickerington, Ohio. The 45,000-sq.-ft. retail center is located east of Columbus and is currently 100% occupied. Featured tenants include Lifetime Fitness, Petland, Advanced Vapor, Lomonico’s and Roosters.

    “This acquisition further expands our footprint outside of Northeast Ohio and is a prime opportunity for us to prove the transformational impact we have on our properties,” said Ezra Stark, COO for Stark Enterprises.

  • French specialty retailer moves at the speed of fashion

    French specialty apparel retailer Kiabi has to keep up with the constantly changing world of fashion.

    Kiabi, which operates more than 500 stores in 32 countries and also has an online presence, is using the SoftwareAG webMethids API (application programming interface) management platform to enable maximum operational flexibility. Kiabi is building cloud-based systems on the API to eliminate internal silos and open core business functions, both inside the enterprise and with external business partners.

  • Toys"R"Us kicks off annual Toys for Tots campaign

    Toys"R"Us is looking to make the holidays a lot merrier for the 15.5 million children living in poverty in the United States.

    The retailer has launched its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation. Now through Dec. 6, customers can spread holiday joy to children living in poverty by donating new, unwrapped toys at any Toys"R"Us or Babies"R"Us store across the country and online.

  • Amazon predicts the hottest toys of holiday season

    Amazon.com has joined the cadre of retailers weighing in on the hottest toys of the holiday season by curating a list of more than 1,000 toys for kids.

    The retailer’s Hot Toy List includes products for kids of all ages and interests. In addition to highlighting Mom Picks and Kid Picks, Amazon’s holiday toy list also features new trend-focused categories: STEM, Movie Favorites, Retro, and Toys That Go.

  • Costco adds digital knowledge to its board

    Costco is adding a bit of digital expertise to its ranks with its latest new board member.

  • Study: Biggest barriers for consumers in global online shopping are…

    High shipping costs are the major barrier to adoption of global online shopping.

    That is according to the 2015 Pitney Bowes Online Shopping study. High shipping costs (64%) were ranked as the biggest barrier in the survey, followed by additional fees owed at time of delivery (48%) and product delivery taking too long (39%).

    Product returns are also a major concern, as 33% of global shoppers cited online return policies and processes as deterrents.

  • Birchbox launches in-house makeup brand

    Online beauty and grooming retailer Birchbox is moving into product development as the company launches its own brand of beauty products.

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