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Survey: Gift Givers Plan to Splurge on Friends, Family for Holiday

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Washington—American consumers are likely to throw their cautiousness to the wind this holiday season, upping the amount they plan to spend. According to the National Retail Federation’s Holiday Consumer Spending Survey,, conducted by Prosper Insights & Analytics, the average person celebrating Christmas, Kwanza and/or Hanukkah will spend $804.42, up nearly …

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Korean Mobile Carrier Buys Shopkick for $200 Million

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Redwood City, CA—In what has been called a significant landmark in the growth of location-based mobile shopping, SK planet–a division of South Korea’s largest mobile carrier–has agreed to acquire loyalty application shopkick for approximately $200 million. For Shopkick, which is partnered with many major retailers and brands, including Macy’s, Old …

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Top Digital, Social Media Trends Driving Holiday Sales for Online Retailers

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Seattle–Global analytics and insights firm Blueocean Market Intelligence released its predictions today for the top digital and social media trends that online retailers will utilize to drive sales this holiday shopping season. Last year, retailers largely surpassed sales goals despite a relatively short shopping season, poor weather conditions and weak …

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Macy’s Inc. Outlines Omnichannel Strategies, Including Apple Pay

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Cincinnati—Macy’s, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and serving the needs of individual customers. “Macy’s and Bloomingdale’s remain committed to operating at the forefront of innovation, as well as fostering a locally relevant shopping …

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NRF: Families to Increase Spending on Back to School This Year

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Washington—Driven by increased demand for electronic items and parents’ need to restock their children’s wardrobes and school supplies from last year, families this summer will spend slightly more on back-to-school items than last year. According to NRF’s 2014 Back-to-School Survey conducted by Prosper Insights & Analytics, the average family with …

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Study: Retailers Say Mobile Is No. 1 Digital Priority

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Washington—Faced with a growing army of shoppers connected via their mobile devices, retailers overwhelmingly agree mobile must be the No. 1 priority for their digital business this year. According to the 2014 Shop.org/Forrester Research Inc. State of Retailing Online survey, which surveyed 70 retailers in October and November 2013, more …

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Kohl’s to Open Thanksgiving with Expanded Mobile Presence

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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 …