November 23, 2012 |
Shoppers surged into an Urban Outfitters store on the Third Street Promenade in Santa Monica after midnight Friday and smashed a tall glass door, injuring about five people, authorities said. Paramedics treated a few shoppers for minor cuts but no one was transported to the hospital by ambulance, said Sgt. Marty Fine of the Santa Monica Police Department. "It was just too many people, too fast," Fine said. PHOTOS: The Black Friday rush Around midnight, at least 100 people had lined up for Urban Outfitters' Black Friday deals, which offered up to 50% off on some items.
January 10, 2012 |
In a bid to garner customer loyalty, luxury retailer Nordstrom Inc. is expanding its reward program to make it easier for shoppers to earn extra perks. The update halves the minimum purchases required to qualify for its four-tier loyalty program, with benefits that include early access to sales and up to $100 of free tailoring for every member. The more customers shop, the more fringe benefits they'll earn. Shoppers who want to climb to Level 3 of the rewards rung, which entitles them to 24-hour concierge service, will need to spend $5,000 annually on their Nordstrom credit or debit cards (they previously had to spend $10,000)
January 6, 2011 |
Many top U.S. retailers missed Wall Street's expectations for December sales, hurt by a post-Christmas blizzard on the East Coast and shoppers returning to their cautious ways after flocking to stores after Thanksgiving. Retailers ranging from department store operator Macy's Inc and discounter Target Corp to teen clothing store American Eagle Outfitters were among those whose results fell far short of forecasts. "The turbulence is here to stay," said David Bassuk, a managing director at consulting firm AlixPartners.
December 2, 2013 |
Machinery was purring gently. Boxes of Samsung televisions were stacked like blocks atop pallets on a glossy concrete floor. A shift supervisor waved jauntily as he zipped by on a red motorized chariot. At 10 a.m. at the Target.com fulfillment center in Ontario, all seemed peaceful - even though it was a record-setting Cyber Monday. And this year, the online world's answer to Black Friday was attracting nearly as many shoppers as the four-day retail frenzy that preceded it. "It never really feels like chaos," general manager Melissa Montgomery said of the annual online shopping event.
November 24, 2012 |
After the Black Friday shopping madness, small boutiques in Silver Lake were anticipating customers who were less about giant malls and more about supporting local business. Dubbed Small Business Saturday , the shopping event was invented by American Express in 2010 to encourage consumers to spend some dollars at neighborhood shops and independent retailers. The day has high-profile supporters such as New York Mayor Michael Bloomberg and President Obama, who took his two daughters to a bookstore in Arlington , Va., on Saturday.
October 24, 2012 |
Holiday shoppers will be spending a little more this year, but as in recent years they'll continue to be disciplined and go online for better deals. Consumers are expected to spend an average of $582 on holiday shopping, according to Accenture's annual consumer holiday shopping survey, and 23% plan to spend over $750. About half expect to increase their spending by $250 or more, with only 5% saying they would be “extravagant” in their shopping and 8% indicating they would “splurge.” About 51% of those surveyed said they have already set aside cash for their holiday shopping.