Holiday deals may seem too good to be true, but are they? Buzz60’s Tony Spitz has the details.
Shoppers in Britain expected to spend £10bn – but warned to watch out for rip-off deals Struggling retailers are hoping for a boost from this year’s Black Friday, with as much as £1.5bn expected to be spent online alone on one of the biggest shopping days of …Read More
A slew of high-profile retailers are wheezing, turning the always-crucial holiday shopping season into a make-or-break scenario for many of them.Read More
In this video, Jack W. Plunkett discusses several trends and topics in the Apparel and Textiles Industry. From workers demanding better working conditions in third world countries, to the rise of online clothing stores, you’ll get the brief overview of what to expect in the coming years. Find us online: http://plunkettresearch.com http://facebook.com/plunkettresearch http://twitter.com/PlunkettOnline http://www.linkedin.com/in/jackwplunkett Google…Read More
Politics J.C. Penney, Kohl’s, and Macy’s could all see incremental gains from Sears’ collapse. Sears Holdings (NASDAQ:SHLD) recently filed for bankruptcy protection and announced that it will close nearly 200 stores by the end of the year. Sears still hopes to operate at least 400 stores going forward, but their fate remains uncertain as the company undergoes a painful restructuring to alleviate its billions of dollars in debt. Sears’ bankruptcy was telegraphed years ago, as the retailer struggled with declining mall traffic and intense competition from superstores and Amazon.com (NASDAQ:AMZN). Between…Read More
Politics When Toys R Us closed its doors, customers mourned the loss of a beloved brand that conjured memories of their own childhood. Retailers, on the other hand, saw an opportunity. Rather than cede any more ground to online behemoth Amazon, companies like Target, Walmart and Party City ramped up their offerings. Now, ahead of the pivotal holiday season, they’re going even further by focusing on making their stores a dynamic shopping experience. That means creating play areas for kids, offering demos of new toys and staging events like scavenger…Read More
Politics Black Friday hasn’t been contained to a single day for several years. But the controversial practice of stores opening up on Thanskgiving could be losing steam. Sixty retailers contacted by BestBlackFriday.com told the site they would not be open on the holiday. (Most retailers, though, have not announced their plans.) BestBlackFriday says it expects the list to grow to more than 100 by late November. However, major retailers such as Walmart, Target, Kohl’s, and Macy’s are still expected to open to shoppers Thanksgiving evening. And many of the stores…Read More