eCommerce

Beloit, Wis. – FatWallet.com is launching its 2013 annual Black Friday Deal Finder online tool and mobile app. The Deal Finder is already featuring multiple Thanksgiving and Black Friday ads from top stores, including Macy's, Radio Shack, Lowe's and Target.

New and improved features to this year's Black Friday Deal Finder include:

Closeout retailer Tuesday Morning reported a comparable-store increase of 9.1% for the first quarter ended Sept. 30, compared to the year-ago quarter. The comparable-store sales growth was fueled by a 13.4% increase in customer transactions and a 4.3% decrease in average ticket.

The company reported a net sales increase of 6.3% to $183.7 million, compared to $172.8 million in the year-ago quarter.

New York -- Shoppers feel that they get a better retail experience online than in-store, including better service, more perks and rewards, and the ability to make smarter purchasing decisions, according to shopping behavior and retail trends firm WSL.  

Retail sales fell in September for the first time in six months, but the decline was credited to a drop-off in auto purchases. Most U.S. retail sectors actually experienced broad sales gains during the month, according to the National Retail Federation, which reported that, excluding automobiles, gas stations and restaurants, retail sales grew a seasonally 0.6% compared to the previous month and 3.8% unadjusted compared to the prior year.

Results of specific sectors include:

New York -- Bloomingdale’s longtime chief executive and chairman, Michael Gould, 70, is stepping down after 22 years on the job. He will be succeeded by Tony Spring, 48, currently Bloomingdale’s president and COO, effective Feb. 1, 2014. A successor to Spring as president of Bloomingdale’s is expected to be named in 2014.

New York -- Nook Media LLC, a subsidiary of Barnes & Noble, Inc., is releasing the new Nook GlowLight e-reader.

At 6.2 ounces, it is the lightest Nook device ever, and new lighting technology light is evenly distributed, turns on instantly and adjusts with a touch. The built-in anti-glare screen on the re-engineered display offers what Barnes & Noble says is paper-like readability, even in bright sunlight.

Brooklyn, N.Y. -- Lifestyle/Trimco/Viaggio, the Brooklyn, N.Y.-based manufacturer of mannequins, forms, specialty fixtures, fabric applications, seasonal trim and holiday décor, has merged with Almax, the world-renowned mannequin company based in Italy.
 
The new company, Global Visual Group, will make its debut at A.R.E.’s Retail Design Collective, which will be in New York City, December 4-6, 2013.   

By James McCandless and Kenneth Katz,  X Team International

The recent government shutdown has analysts scrambling to determine how much damage was done to the national economy. From a retail perspective, understanding the scale and scope of the shutdown requires a more thorough understanding of the issues at play; including a closer look at how retailers responded and a breakdown of how the lingering effects of the partial government closure may impact the holiday sales season.

The ripple effect on retail