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.
February 2, 2014 |
Nordstrom is famously forgiving when shoppers change their minds about purchases. Customers love it - especially those whose motives may be questionable. The Seattle retailer has been known to take back well-worn clothing, shoes bought years earlier and jars of half-used moisturizer. When Elana Pruitt was a Nordstrom sales employee years ago, she recalled, shoppers would make purchases with gift cards and then quickly return the items for cash. Technically it's allowed, said Pruitt, 33, now a social media coordinator and fashion blogger in Eagle Rock.
September 15, 2013 |
It was an unexpectedly tame and well-behaved affair - until the bags were rolled out. At a Target store in West Hollywood, about 10 minutes after the 8 a.m. launch of the retailer's much-anticipated 3.1 Phillip Lim collection, many of the roughly 150 shoppers who had waited in line in the wee hours were still milling about the already stripped racks. They been let into the store in groups of five. Although some had half-jogged to the display of womenswear, menswear and accessories, the shoppers were largely polite to each other, friendly even, as they heaped armfuls of dresses and tops into shopping carts.
December 23, 2013 |
And the “#BeyGood” season continues. Beyoncé stopped by a Wal-Mart in Tewksbury, Mass., on Friday, shocking hundreds of holiday shoppers with her presence alone. But a simple appearance with hugs and smiles to customers around wasn't the only surprise Beyoncé had in store, according to media reports. After a brief introduction over the intercom, Queen Bey wished everyone a Happy New Year and opened a tab of her own: The first $50 of everyone's holiday shopping was on her. It was a “Merry Christmas” wish to the tune of $37,500 before the singer took the stage as part of her Mrs. Carter Show world tour.
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.
May 17, 2012 |
We're fat, in case you hadn't heard. And as we learned last week, 42% of American adults will be obese by 2030, according to researchers at the Weight of the Nation conference sponsored by the Centers for Disease Control and Prevention. If that's a party you'd rather miss, the grocery store is a place to start. Nutritionists often advise us to buy fresh food and stick to the perimeters of the store (instead of the middle aisles that are stocked with Oreos, Doritos and Froot Loops)