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Falling Confidence, Sales Reveal Even Affluent Consumers Worried

In Industry News, What's New by Jeff PrineLeave a Comment

Stevens, PA—The latest consumer holiday spending report—this one for the nation’s most affluent consumers—may be even more disappointing to retailers. While several recent consumer holiday spending reports indicate that the general population is concerned about spending and will be cautious with their spending the rest of the year, so, too, …

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Kohl’s to Open Thanksgiving with Expanded Mobile Presence

In Industry News, Marketing, What's New by Accessories StaffLeave a Comment

Menomonee Falls, WI—“Grey Thursday” (formerly known as Thanksgiving Day) got another boost Tuesday when Kohl’s announced it would be opening on 8 p.m., Thursday, Nov. 28, ahead of Black Friday. The department store joins rivals Macy’s and JCPenney which already announced a Thanksgiving Day opening. “Shopping over the Thanksgiving holiday …

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Research Analyst: Holiday Retail “Could Be the Most Challenging” Ever

In Industry News, What's New by Jeff PrineLeave a Comment

Charleston, SC—While most recent holiday sales estimates predicted a tougher holiday retail season that previously expected, the latest from America’s Research Group (ARG) found that wary, budget-conscious consumers are struggling this year even more than believed and will be scrutinizing sales more than ever. According to ARG surveys: ●33% of …