by Mike Duff | Oct 25, 2023 | Retail Articles
JCPenney reported it has been doing research ahead of the holidays and plans to provide an abundance of products with a focus on value in gift-giving and hosting. The company surveyed U.S. shoppers for its inaugural Make it Count Holiday Report, which indicated that...
by Mike Duff | Oct 23, 2023 | Featured News, Retail Articles
Despite a shaky economy, the International Council of Shopping Centers anticipates 3.8% higher sales this holiday season versus 2022. In the survey that forms the forecast foundation, 90% of consumers said they planned to shop for the holidays this year. Eight-in-10...
by Mike Duff | Oct 20, 2023 | Featured News, Retail Articles
A survey from business services firm Deloitte indicates that consumers will spend more in this year’s holiday season than they did in any since the COVID-19 pandemic. The gain in expected holiday spend to $1,652 each represents a compound annual growth rate of just...
by Mike Duff | Oct 19, 2023 | Retail Articles
Kohl’s holiday plans for 2023 include expanded gifting and home assortments as well as new in-store curations and fresh products and styles across categories for the whole family. To help consumers prepare for holiday guests, the company stated, Kohl’s is providing an...
by Mike Duff | Oct 19, 2023 | Retail Articles
The holiday season is coming up fast, and according to a National Retail Federation consumer survey conducted by Prosper Insights & Analytics, consumers expect to spend $875 on average on gifts, decorations, food and other seasonal items, up about $42, or 5%, from...