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News for the retail industry | December 21, 2011

  Retailer Holiday Watch 
  • Toys R Us CEO anticipates "big days"
    Consumers held back in anticipation of better deals, but they're expected to turn out in force and boost sales in the season's final shopping days, Toys R Us CEO Gerald Storch said in this CNBC interview. "There's been kind of a waiting game with retailers. And it looks like the consumer wins." CNBC (12/16) LinkedInFacebookTwitterEmail this Story
  • Kmart layaway angels multiply
    Citizens around the country were inspired into action by one Grand Rapids, Mich., woman's act of kindness in paying off the balance owed on layaway purchases for several customers. Mystery donors in several U.S. markets followed suit, including at Kmart stores in Hayward, Redwood City and San Mateo, Calif. The Oakland Tribune (Calif.) (12/17) LinkedInFacebookTwitterEmail this Story
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  Seasonal Trends 
  • 'Tis the season for sample sales
    Sample sales have proven popular in New York City and Los Angeles, and holiday shoppers in smaller markets are catching on as well. For St. Louis-based designer Bea Crowder, the concept started seven years ago as a way to sell off her samples of gloves and cashmere scarves and has since grown into a monthlong holiday pop-up shop. St. Louis Post-Dispatch (12/17) LinkedInFacebookTwitterEmail this Story
 
  • Merchants go macho to entice male shoppers
    Retailers and malls have been using beer, beef and big cigars to entice shopping-averse men to buy their wares this season. Baltimore's Manor Tavern held its first Men's Night Out this year, joining venues around the country with new efforts to create shopping events likely to appeal to male shoppers. The Sun (Baltimore) (12/18) LinkedInFacebookTwitterEmail this Story
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  Research and Releases 
  • NRF revises holiday forecast to 3.8%
    NRF has revised its holiday forecast upward, expecting holiday sales to rise 3.8% this year to a record $469.1 billion. NRF's initial forecast, announced on Oct. 6, called for anticipated sales growth of 2.8%. While a 3.8% sales increase is considerably above the 10-year average sales increase of 2.6%, it is still lower than the 5.2% increase the retail industry saw last year. Read more. LinkedInFacebookTwitterEmail this Story
  • 6 tips for enticing the last-minute holiday shopper
    As of the second week in December, the average American shopper had completed less than half of their holiday shopping. As the days tick down to Dec. 25, brick-and-mortar stores will have a bit of leverage over their online-only counterparts to get that special gift in the hands of loved ones by Christmas. In a recent post on the Shop.org blog, Head of Research Fiona Swerdlow shares a few tips and tactics for online and multichannel retailers looking to capture a few more sales before the holidays are over. Read more. Shop.org Blog (12/16) LinkedInFacebookTwitterEmail this Story
  

Product announcements appearing in SmartBrief are paid advertisements and do not reflect actual NRF endorsements. The news reported in SmartBrief does not necessarily reflect the official position of NRF.
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