News

Redwood City, Calif. – About seven in 10 (68%) of consumers plan on doing most or all of their holiday shopping online. According to a new survey of nearly 1,000 consumers from from digital video advertising provider YuMe Inc., 77% are likely to buy some type of wearable technology.   Other key findings include:  

Las Vegas –- At the recent KronosWorks 2014 conference in Las Vegas, clients across a variety of industries spoke about how they use Kronos solutions to better perform a variety of human resources and workforce management tasks.  

New York -- Entertainer Nick Jonas joined Lord & Taylor/Hudson’s Bay president Liz Rodbell for the unveiling of the department store’s annual holiday windows on NYC’s Fifth Avenue on Thursday, marking the 100th anniversary of the retailer’s holiday window program.  

Commerce, Calif. -- Smart & Final Stores, Inc. reported that profit for the third quarter edged up 1.9% to $10.2 million. Sales surged 10.8% to $1.13 billion, and same-store sales leapt 6.6%.   “We continue to grow sales in both of our store banners--Smart & Final and Cash & Carry--and this has translated into strong financial results.," said Dave Hirz, president and CEO.  

Columbus, Ohio -- Big Lots has launched a marketing program around spurring holiday home décor purchases by declaring Nov.16-22, 2014, as the nation's first Decorate Your Home for the Holidays Week.  

Seattle -- Nordstrom has surpassed Wall Street estimates with an unexpected jump in profit and sales for the quarter ended Nov. 1.   The department store retailer reported a profit of $142 million for the third quarter, up from $137 million in the year-ago period.   Sales jumped 9% to $3.14 billion, beating the expected $3.11 billion in revenue. Same-store sales rose 3.9%.  

New York -- More shoppers will be leveraging their mobile phones for holiday purchasing than ever before. Burst Media and Rhythm NewMedia’s 10th annual holiday survey found that 39.5% of respondents who use a smartphone and/or tablet to shop will use their mobile devices more this holiday season versus last.  

Little Rock, Ark. -- Dillard's Inc. reported Thursday a profit of $55.2 million in its fiscal third quarter, up 8.4% over the $50.9 million profit in the same period last year.   Sales, however, dipped to $1.460 billion, from $1.469 billion, and same-stores sales declined 1%.   Still, said CEO William T. Dillard II, "We believe we are positioned very well for the holiday season.”  

New York -- Applied Predictive Technologies announced that Popeyes Louisiana Kitchen will license APT's Test & Learn software to test business initiatives such as menu strategies, pricing, and capital investments.  

New York -- A 2014 Kelly Scott Madison Holiday Shopping Study revealed that the top concerns for consumers this holiday season are shipping costs and online security, as 71% of respondents ranked both as top-of-mind.   Other findings focused on timing and returns: