Retail

A prolonged drop in gas prices is boosting hopes among retailers that consumers will spend more this holiday season.

According to the latest Consumer Fuels Survey by the National Association of Convenience Stores (NACS), more than one in four (26%) consumers expect to increase their spending this month, a seven-point jump over the past month and the highest percentage this year. Last November, only 21% of consumers expected to increase their spending, according to the survey.

 Any toy purchased at Meijer through Nov. 30 will help the Grand Rapids, Mich.-based retailer grant a child's wish this holiday season.

Meijer is once again donating a portion of customer purchases made in the toy department, up to $400,000, to children's gift-giving programs throughout the Midwest.

Fort Lauderdale, Fla. -- EDENS adds seven new retailers to its Union Planters Plaza located in Fort Lauderdale, Florida. These openings follow the center's complete redevelopment which included the addition of a community green space.

Single adults, a lucrative demographic that now comprises half the U.S. population, continues to be overlooked or misrepresented by U.S. marketers and retailers, according to a report by retail marketing agency TPN and market insights firm C+R Research.

The study, "Millions of Singles, Billions at Stake: The Rise of the New Independents," busts myths and stereotypes to help brands and retailers understand, engage and celebrate singles.

Excess energy consumption in retail can exceed 30%, which means there is a huge opportunity for savings that many retailers s have not yet fully explored.

Retailers spend nearly $20 billion annually on energy expenses, according to the U.S. Environmental Protection Agency. By saving just 15% from optimizing operations and eliminating waste, we can save $3 billion as an industry.

Specialty fashion retailer Vanity is trying to make visiting its stores as rewarding an experience as possible.

Target is planning to not only open on Thanksgiving Day but also roll out a new “10 Days of Deals” promotion to increase traffic to its stores.

As part of the “10 Days of Deals,” the retailer announced it will offer daily discounts on electronics, kitchenware, toys and more from Nov. 22 through Dec. 1. In addition, guests will have access to a Black Friday presale on Nov. 25.

While some retailers are taking a stand this year against opening on Thanksgiving Day and even Black Friday, Toys“R”Us thinks its customers will be ready to do some shopping after their turkey dinners.

The toy retailer announced that its stores will open at 5 p.m. on Nov. 26, the same time as last year. Stores will remain open through 11 p.m. on Nov. 27.

Last month outdoors retailer REI said it would close on Thanksgiving Day and Black Friday. Jo-Ann Fabrics, GameStop, At Home and Staples have also announced they would not open on Thanksgiving.