Retail Stores

Holiday Spending Online Approaches $20 Billion for First 34 Days of the Season
December 8, 2011

For the holiday season to date, nearly $20 billion has been spent online, marking a 15 percent increase from the corresponding days last year. The most recent week saw three individual days eclipse $1 billion in spending, led by Cyber Monday, which became the heaviest online spending day on record at $1.25 billion.

Gift Receipts More Popular Than Ever Among Holiday Shoppers
December 8, 2011

Understanding there are times their gift may not be the biggest hit, more gift-givers are offering their loved ones the option to return their gift guilt-free. According to the National Retail Federation’s 2011 Holiday Returns Survey, 61.9 percent of holiday shoppers say they provide a gift receipt most or some of the time, the highest percent in the survey’s history.

Keds Extends Brand to Clothing
December 7, 2011

When Keds sneakers were launched back in 1916, the world was in the midst of World War I. Finally, 95 years into its existence, Keds is branching out and trying something new: apparel.

Talbots Closing 83 Stores in 2011
December 7, 2011

Talbots will close 83 stores by the end of the year and a total of 110 stores by the end of 2013 as part of its cost reduction program. The program is intended to generate approximately $50 million in annualized cost savings by the end of fiscal 2012.

Bargain Hunters: Shopped Out or Waiting for Late Deals
December 7, 2011

An army of bargain hunters were out in force Black Friday weekend, while others are quietly scoping out the landscape in hopes of snagging last-minute sales, according to the latest America Research Group/UBS Holiday Retail Forecast.

Video: Exploring Me-Ality, a Fitting Room Kiosk
December 6, 2011

It's safe to say that around the holiday season there's an influx of product returns, primarily clothing that's the wrong size. Unique Solutions has developed a new technology to address this problem. Me-Ality is a fitting room kiosk that takes a user's precise measurements to suggest what brands, styles and sizes would look best on…

Apple Store at Grand Central Terminal Raises Eyebrows
December 6, 2011

While it was rumored to open before Thanksgiving, the Big Apple's shiny new Apple store will open at New York City's famed Grand Central Terminal on Dec. 9 — just in time to rake in the holiday season bucks as stressed-out commuters make their daily runs to and from the train.

Charming Shoppes Squashes Fashion Bug
December 5, 2011

Charming Shoppes said it's conducting a strategic review of its operations, which includes the divestiture of its Fashion Bug business and the expansion of its Lane Bryant brand.