News

New York -- Research released Monday by Citigroup and published by Wall Street Journal’s MarketWatch found that digital sales for the holiday 2012 shopping season are expected to increase at least 20%, thanks to two additional shopping days and amped-up retail marketing efforts.

More than 450 Macy’s stores will feature branded Finish Line footwear departments as the department store retailer and athletic footwear chain have entered into an exclusive agreement.

The deal addresses a major merchandising deficiency for Macy’s as department store retailers are not generally viewed as a destination for athletic footwear. The deal also accelerates growth for Finish Line which currently operates 638 predominantly mall-based U.S. stores compared to Macy’s approximately 840 locations.

HOFFMAN ESTATES, Ill. — Sears customers can now engage the services of Jackson Hewitt for tax preparation for the 2013 season.

During a year that saw Dollar General open its 10,000th store and AutoZone opens its 5,000th store, rent-to-own retailer Aaron’s has opened its 2,000th location.

The Atlanta-based retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, designated a store in the Bronx, New York as its 2,000th location.

The holiday season is competitive on many fronts, including which retailer plans to hire the most seasonal workers.

Build-A-Bear Workshop has gone high-tech. The company has debuted a new store design that combines its signature hands-on bear-making experience with innovative technology that’s right in line with today’s digitally savvy kids. The new format, which premiered in Build-A-Bear Workshop’s renovated location at West County Center, St. Louis, also provides more interactive options to keep shoppers coming back.

Ocean Spray, the world's largest cranberry cooperative, has opened a new $26 million state-of-the-art cranberry receiving station facility in Richmond, British Columbia.

Pricing studies conducted this week by Wall Street analysts yielded familiar results.

Deutsche Bank analyst Charles Grom and Citigroup analyst Deb Weinswig issued reports this week comparing Walmart’s prices to dollar stores and conventional supermarkets and Target.