Retailers hopeful despite tight spending forecast
As retailers enter the final stretch of the holiday shopping season, they’re hoping shoppers will open wide their pocketbooks, despite lackluster spending predictions. Overall holiday sales are expected to increase, though shopper sentiment is still on a downward trend. Consumer confidence fell in December to a five-month low, according to a Dec. 21 report from Reuters/University [...]
Even though they began shopping for back-to-school items early this year, there’s still a long list of school supplies to shop for, according to a National Retail Federation Survey. According to the NRF, the average family has only completed 40 percent of their shopping. Overall, back-to-school sales are expected to reach $83.8 billion – a [...]
Continue reading …A day after the New York Giants scored their big win, Stu Miller and other die-hard fans streamed into a Times Square store Monday to scoop up championship merchandise in celebration. “It was a great win. You have to give them credit,” the Ringoes, N.J., resident said while clutching three T-shirts and contemplating buying a [...]
Continue reading …Workers looking to take advantage of Cyber Monday online deals will have a harder time sneaking past the guards at work this year, according to a survey of employers. Robert Half Technology found in a survey of Chief Information Officers that 60 percent of them block access on employee computers to retail and other online [...]
Continue reading …More than 152 million people plan to shop Black Friday weekend, an increase from last year’s total of 138 million people. According to a survey by the National Retail Federation, 74 million people say they will definitely hit stores, while another 77 million are waiting to see if the bargains are worth braving the colds [...]
Continue reading …UCCS and BiggsKofford want to know local residents’ shopping plans. The two organizations sent out a survey Monday to find out. It’s the third year in a row for the survey, which was created by the Southern Colorado Economic Forum at UCCS. “The survey results have been similar to what you get on a national [...]
Continue reading …The city’s traditional shopping malls are facing challenges filling retail space. Anchor tenants are leaving, and vacancies are high. Yet mall managers are trying to put a good face on the matter and insist their vacancy problems are only temporary. The city’s two traditional, shopping malls, The Citadel and Chapel Hills malls, won’t offer statistics [...]
Continue reading …Cancel any New York City shopping plans you might have, because Coloradans have a better option – Denver. The Mile High City beat out San Francisco, No. 25, The Big Apple, No. 22, and Los Angeles, No. 16, in Forbes’ ranking of best U.S. cities for shopping. Denver nabbed the 13th spot for its 7.72 [...]
Continue reading …Generous discounts lured American to stores for holiday gifts in November, providing cheer and robust sales gains for retailers. That raises hopes, already buoyed by reports of crowded malls over the crucial Thanksgiving weekend, for a strong holiday shopping season. As retailers report their monthly results Thursday, it showed that many different types of shoppers [...]
Continue reading …Imagine you’re planning some last-minute holiday shopping at the mall for video games, chocolates and a golf club. As soon as you pass through the mall’s doors, your phone alerts you: Six stores in the mall carry video games and golf clubs are on sale. How cool is that? But, wait. Your phone also provides [...]
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