PROJ-SUN_1170x120_6-24-20

Black Friday

Thanksgiving weekend spending up 16%

Thanksgiving weekend spending up 16%

WASHINGTON — Americans shopped in record numbers over this year’s Thankgiving holiday weekend, the National Retail Federation reported on Tuesday. A survey conducted for the NRF by Prosper Insights & Analytics found that a record 189.6 million U.S. consumers shopped in stores and online from Thanksgiving Day through Cyber Monday this year. That’s up 14%

Shoppers to spend about $415 per household over Thanksgiving

Shoppers to spend about $415 per household over Thanksgiving

NEW YORK — Seventy-nine percent of consumers will shop for holiday gifts during the period between Thanksgiving and Cyber Monday, according to Deloitte, which has dubbed the upcoming weekend “the most wonderful time of the year” for retailers. Shoppers are expected to spend an average of $415 over Thanksgiving weekend, with 87% of those who

IBM predicts strong holiday shopping season

IBM predicts strong holiday shopping season

ARMONK, N.Y. — With retailers gearing up for Black Friday and Cyber Monday, IBM’s 2018 Holiday Retail Forecast (indicates this shopping season could be a win in many segments, with a 4.83% year-over-year growth seen across the industry this year. A number of factors are expected to drive the increase and provide reason for retailer optimism: Consumer

CoverGirl to open Times Square flagship store on Black Friday

CoverGirl to open Times Square flagship store on Black Friday

NEW YORK — The highly anticipated launch of the CoverGirl Times Square flagship store will happen on Black Friday, November 23. The brand’s first permanent retail store will serve as a physical embodiment of the CoverGirl “I Am What I Make Up” brand philosophy, where consumers can immerse themselves in an experiential beauty playground centrally

Optimism surrounds holiday shopping season

Optimism surrounds holiday shopping season

NEW YORK — Pervasive optimism over the economy and strong early online sales signaled a robust holiday shopping season. Economic growth, a lack of inflation, rising wages and low unemployment have buoyed consumers and augured a willingness to spend significantly through December. And while many shoppers are favoring online purchases, the general enthusiasm was also

Drug chains post modest sales gains during holidays

NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing, as sales growth barely exceeded 4%. That was down from last season’s 4.4% advance in holiday retail sales, and well off the 5.4% gain of five years ago. Same-store sales were up 1.8%, virtually unchanged from 2014.

Holiday retail sales edge up in 2015

Holiday retail sales edge up in 2015

NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and well off the 5.4% gain of five years ago, according to research by Racher Press, the publisher of Chain Drug Review. Same-store sales

It’s time for drug chains to get creative

It’s time for drug chains to get creative

Black Friday is here — again. But the current promotion bears little resemblance to the event that, apparently eons ago, ushered in the Christmas selling season by offering shoppers, for a limited time on the day following Thanksgiving, holiday specials that lured customers into all manner of stores. Black Friday today appears to linger for