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NPD: online a better destination for deals
New research from NPD conducted during the 2013 holiday season suggests shoppers believe better deals are to be had online than in stores.
That not good news for retailers under relentless pressure to generate store traffic with all manner of urgency oriented promotions such as the ubiquitous one-day sale or other types of limited duration activities.
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Mainstays “made in China” product recalled
The case for domestic sourcing received a boost this week after Walmart was required to recall 73,400 five-piece card table and chair sets sold under its Mainstays brand.
The recall was initiated after Walmart said it received reports of 10 injuries including one instance of a finger amputation and several fingertip amputations. The product was manufactured by the Heshan Camis Industrial Co. Ltd., of Guangdong, China, according to the Consumer Products Safety Commission.