The decision by some leading retailers to open their stores on Thanksgiving Day continues to stir debate about the financial benefits of giving consumers the option to shop on the holiday.
Staples reported a decline in sales during its third quarter, asserting that results were in line with its strategic expectations. The company also agreed to sell its retail business in the United Kingdom to Hilco Capital Ltd.
Prosper Insights & Analytics has released its “Holiday 2016: Top Trends,” which includes somewhat restrained consumer spending plans but a more flexible outlook on purchasing.
Fiscal year net sales at Spectrum Brands were up 7.4% as growth in the company’s hardware and home improvement, pet supplies and home and garden segments offset declines in its global batteries and appliances division, which includes small electrics and personal care products.
HSN and Good Housekeeping magazine have selected Michael Stoll of Urban Trend as one of nine finalists in the HSN/Good Housekeeping search to find America’s next great entrepreneur and new consumer product.
Pottery Barn Kids is planning a new exclusive home product collaboration with fashion designer Margherita Missoni.