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Retail Stores Can Expect More Return Fraud This Year
November 10, 2010

U.S. retailers can expect more people to try to return stolen merchandise this holiday season, according to a National Retail Federation (NRF) report released Tuesday. The NRF predicts that the cost of those fraudulent returns will reach $3.68 billion during the holiday season, a 34% jump from the $2.74 billion cost last year.

Electronics Will Rule Holiday Shopping Scene
November 10, 2010

There is a lot of consumer excitement around new tech products this holiday season. According to our latest research, 56 percent of shoppers are planning to buy computer related gifts, 50 percent plan to purchase electronics and 13 percent of them plan to purchase electronics online.

Retailers Increase Inventory for Holiday Season
November 10, 2010

Retailers increased their inventory purchases by an average of 2.8 percent for the coming holidays, according to a survey by accounting and consulting firm BDO USA, released Tuesday.

TRU Expands Mobile Capabilities for Shoppers
November 10, 2010

Toys"R"Us has launched a number of new mobile-based capabilities for shoppers to take advantage of store promotions, including a coupon barcode scanning technology. The retailer's new services include: "Mobile phones are an integral part of busy moms' and dads' lifestyles and we are always looking for exciting new ways to engage and present them with the most streamlined, on-the-go shopping solutions," says Prama Bhatt

Cache narrows loss in Q3
November 10, 2010

Women’s apparel retailer Cache reported Wednesday that it narrowed its loss for the quarter ended Oct.2 to $5 million, compared with a loss of $6.8 million in the year-ago quarter. Revenue rose 1.3% to $45.5 million, from $44.9 million in the third quarter of fiscal 2009. Same-store sales were flat, as compared with a decrease of 21.7% in the prior year.Thomas Reinckens, chairman and CEO, said: “As we begin the important holiday season, we recognize that the environment remains challenging and as such we will continue to focus on our key merchandising initiatives while reducing promotional offers as compared

Retail Sales Growth Slows as Shoppers Take a Pre-Holiday Break
November 9, 2010

Nov. 05--Middle- and low-income consumers are turning into "appointment shoppers." When they need something, they will come. But in October, an off month wedged between retail's two busiest times of the year, back-to-school and holiday, shoppers seemed to pause -- especially when warmer weather meant they didn't yet need new coats and sweaters, analysts said. Teen retailers Abercrombie & Fitch, American Eagle Outfitters and Aeropostale disappointed, as did department store chains J.C. Penney and Kohl's. But high-end retailers Nordstrom, Neiman Marcus and Saks Fifth Avenue fared better, said Amy Noblin, analyst at Weeden & Co. "Business improved at the