News

North Plainfield, Ill. -- With momentum picking up as the holiday shopping season approaches, retailers polled in Levin Management’s 2014 Pre-Holiday Retail Sentiment Survey are showing strong enthusiasm for seasonal sales potential. The findings also indicate expectations for strong pre-December shopping and plans for stepped-up temporary hiring with positions that may carry into the new year.  

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.”  

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.  

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.  

Books-A-Million has appointed Ronald J. Domanico to serve as a member of the board and a member of the audit committee of the board.

“We are very fortunate to have identified a director of the caliber and experience that Ron possesses,” said Clyde B. Anderson, the executive chairman of the board of directors of the company. “Ron is a seasoned financial executive that brings a depth of experience in finance, strategy, and operational matters to our board.”

Washington, D.C. –- During the 2014 holiday season, spending on tiny plastic or digital gift cards will top all previous records. According to the National Retail Federation (NRF) Gift Card Spending Survey, the average person buying gift cards will spend $172.74, up from $163.16 in 2013. Total spending is expected to reach $31.74 billion.  

I recently had the opportunity to visit the funky Las Vegas headquarters of online footwear/apparel/accessories retailer Zappos.com. Zappos is generally regarded as one of the most customer-friendly retailers around, and after seeing how things work behind the scenes I can attest this reputation is well deserved. Here are five cool ways Zappos uses corporate culture and innovation to disrupt the customer experience and behind-the-scenes operations.  

When it comes to getting a great deal, Black Friday and Cyber Monday are big shopping days for consumers. But according to new research from Nielsen, men and women have different shopping behaviors on these two retail holidays.