More than 40% of holiday shoppers surveyed expect to finish their holiday gift shopping by today, December 19, but the biggest procrastinators will still be buying gifts through Christmas Eve, according to the annual consumer sentiment survey released by the National Retail Federation and Prosper Insights & Analytics.
Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.
Consumers said they will spend an average of $1,007.24 during the holiday season this year, up 4.1% from the $967.13 they said they would spend last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
AmericasMart Atlanta is adding newly expanded and new showrooms that will debut at the Atlanta International Gift & Home Furnishings Market, which will be held July 10 to 16.
Marshalls has come up with a unique promotion designed to demonstrate that it can be a destination for Father’s Day and other gift-giving occasions.
Target is continuing to add new products to its Hearth & Hand with Magnolia home goods collection. The new additions focus on summer entertaining.
AmericasMart and the Museum Store Association have teamed up to launch The Museum Collective, a wholesale buying program that will debut at the Atlanta International Gift & Home Furnishings Market. The market is scheduled to take place July 10 to 16.
Spending on gifts for Mother’s Day is expected to reach a near-record total of $23.1 billion, according to the annual survey by the National Retail Federation and Prosper Insights & Analytics.
Kirkland’s has partnered with Trisha Yearwood to launch an exclusive home accent collection.
Mark Feldstein & Associates is introducing two new licensed Thomas Kinkade Disney and Lionel Train clocks.