Study: Online holiday sales drop 3 percent
Reston, Va.--Online spending for the 2008 holiday season decreased 3 percent to $25.5 billion, compared with $26.3 billion for the corresponding shopping days last year, according to the latest...
Recent online spending strong, but down for season
The most recent week of the holiday season saw several strong online spending days, but for the season in total, online sales are down 1 percent compared with last year, according to the latest...
NRF: 20 percent yet to shop for holidays
Washington--Twenty percent of shoppers haven't begun their holiday shopping, and millions more have a substantial number of names to check off of their lists, according to the latest research by the...
NRF: 41 million yet to shop for holidays
Washington--The average person had completed 47.1 percent of their holiday shopping by the second week of December, which is about 10 percent less than the 52.6 percent average completed by this time...
Report: Cyber Monday traffic spikes 30 percent
Portland, Ore.--Business Internet traffic increased 30 percent on Cyber Monday, the ceremonial kickoff to the online holiday shopping season, according to new research by Integra Telecom Inc.
NRF: Black Friday bargains drive shoppers to stores
Washington--Retailers breathed a collective sigh of relief over Black Friday weekend, as more than 172 million shoppers visited stores and Web sites, up from 147 million shoppers last year, according...
NRF: Might pent-up demand help Black Friday?
Washington--The number of Americans planning to hit the stores might be down this weekend, but low gas prices and perhaps the most heavily promotional Black Friday in history could bring a welcome...
Retailers banking on strong 'Cyber Monday'
Washington--More than 80 percent of online retailers have planned special promotions for "Cyber Monday" in an effort to attract more buyers in this sluggish economy, a new survey finds.
Study: Online spending tops $840M on Cyber Monday
Reston, Va.--E-commerce spending jumped 15 percent to $846 million on Cyber Monday, the second heaviest online spending day on record, according to the latest research from ComScore.
Study: Slight lull in online holiday sales
Online spending has essentially remained unchanged for the first 42 days of the 2008 November-December holiday season, compared with the same period last year; however, the most recent week saw a...
Hamilton, Danziger to create 'shops that pop'
Stevens, Pa.--In preparation for its 100th anniversary, Hamilton Jewelers is collaborating with Unity Marketing President Pam Danziger to transform each of its five locations and Web site into "shops...
Kohl's, Forever 21 pick up 46 Mervyns' locations
Menomonee Falls, Wis.--Kohl's Corp., in a joint bid with Forever 21 Inc., picked up the leases for 46 locations of former department store rival Mervyns at auction.
Study: Online sales up 7 percent
Reston, Va.--Online sales increased 7 percent to $4.45 billion for the week following Cyber Monday (Dec. 1-7), compared with the same period last year, according to ComScore.
Survey: Luxury, jewelry sales, not very jolly
Purchase, N.Y.--Luxury sales, especially sales of jewelry, slowed dramatically this holiday season, a survey from MasterCard Advisors shows.
Jewelers pleasantly surprised after Black Friday
New York--Braced for skimpy sales and slow traffic, jewelers nationwide who spoke to National Jeweler on Monday said they were both pleased and surprised with Black Friday and the weekend sales that...
Study: Online holiday sales show relative strength
Reston, Va.--Online sales for the first 51 days of the 2008 November-December holiday season are down 1 percent to $24.71 billion, compared with $24.96 billion for the same period last year, according...
Gleim the Jeweler closing University Avenue store
Palo Alto, Calif.--Longtime California retailer Gleim the Jeweler is closing one of its three stores in response to the economic slowdown, the company announced this week.
Luxury credit program migrates to U.S.
Mahwah, N.J.--Following its launch in Canada last August, TD Retail Card Services is bringing its L.J.C. Card program to independent luxury retailers in the United States.
Cascade Star launches new retail jewelry site
Seattle--Cascade Star Inc. has officially launched its retail jewelry Web site, CascadeStar.com, according to a release from the Seattle-based company.
Study: What won't consumers live without?
Washington--While the economic crisis is undoubtedly forcing many consumers to make sacrifices to save a few bucks, a handful of items remain must-haves, according to a recent survey by Big Research...