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NRF: Halloween spending to rise in 2012
Washington, D.C. -- Survey results released Tuesday by the National Retail Federation found that 71.5% of Americans will celebrate Halloween this year, up from 68.6% last year and the most in NRF’s 10-year survey history.
The consumer spending survey conducted by BIGinsight also found the average person will spend $79.82 on decorations, costumes and candy, up from $72.31 last year, with total Halloween spending expected to reach $8.0 billion.
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Staples unveils plan to close 60 stores, invest in online/mobile efforts
Framingham, Mass. -- Staples Inc. announced Tuesday a strategic plan to shore up sales and profitability that will involve accelerating the closure of 15 U.S. stores and 45 stores in Europe.
The office supplies retailer also said it will ramp up investment in its online and mobile efforts.
The announcement comes after a soft second quarter in which profit and traffic dipped downward.