With this year’s independence holiday falling mid-week, according to the National Retail Federation and research partner Prosper Insight & Analytics, consumers in the U.S. plan to spend $6.9 billion on food for Fourth of July cookouts and picnics.
Target is continuing to add new products to its Hearth & Hand with Magnolia home goods collection. The new additions focus on summer entertaining.
Bed Bath & Beyond continues to develop and expand its AndThat! concept, which evolved from the company’s Christmas Tree Shops banner as a growth vehicle that offers consumers a lively shopping environment and provides the parent company a format that can compete with other treasure hunt-oriented retailers.
Ikea has launched a holiday entertaining promotion that links furniture and housewares in a manner that lets the company promote seasonal goods in a timely context. The promotion also reminds consumers that it offers not only furnishings but a range of housewares.