As the holiday season draws near, NPD analyzed the anticipated holiday spending plans of each generation. And, it found, each generation’s holiday shopping plan looks different, according to insights from the 2019 Holiday Purchase Intentions Survey from The NPD Group.
Hudson’s Bay Company has completed the sale of Lord + Taylor to Le Tote, a leading fashion rental subscription service, for $75 million in cash and a secured promissory note for $25 million payable in cash after two years, subject to customary adjustments.
BJ’s Wholesale Club has revealed its Black Friday deals and doorbusters, including early access to Black Friday savings on a range of housewares.
Oprah has revealed her housewares picks for her annual “Oprah’s Favorite Things” 2019 gift guide.
Imports at the nation’s major cargo ports are expected to see one more boost in November before falling off in December and into the New Year, according to the National Retail Federation.
Although economic uncertainty and a shorter timeframe will weigh on year-end seasonal purchasing, eMarketer is forecasting total holiday retail sales growth of 3.8% to $1.01 trillion versus 2.4% in 2018.
Off-price retailer Century 21 Stores has opened a limited engagement pop-up store in the heart of Herald Square in New York City. The Century 21 Herald Square Holiday Pop-Up will be located at 50 W. 34th Street and its red doors opened on Friday, November 1 through January 11, 2020.
Tractor Supply Company has named Christine Belknap vp/leadership development, training, diversity and inclusion.
Kroger has debuted a new logo and brand transformation campaign developed with agency DDB New York and based around the slogan “Fresh for Everyone.”
Target is introducing what it is calling “HoliDeals,” featuring thousands of deals throughout the season on items like décor, electronics, toys and more. HoliDeals kicks off this week with the reveal of the retailer’s Black Friday ad and a two-day Black Friday Preview Sale featuring four times the number of deals compared to last year, the company said.
Story at Macy’s, the narrative-driven concept store inside 36 Macy’s locations nationwide, kicks off the holiday season with the launch of its latest theme: “Home for the Holidays.”