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Retail News

  • Consumers planning to cut holiday spending by seven percent

    A survey of 4,000 American consumers by Deloitte found that they are planning to spend about seven percent less this holiday season than they did last year. Nearly one in three of those surveyed said

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  • Over 25 percent of shoppers say their Christmas shopping is done

    More than one in four consumers have already completed all of their Christmas shopping, according to a LendingTree survey. “Because of the coronavirus relief bill, increased unemployment benefits an

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  • Amazon Shopper Panel to pay consumers for shopping data

    Amazon.com has launched a new program that asks members to send in 10 receipts per month for purchases made at businesses that it does not own. For sending in the receipts, participants will earn $10

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  • Penney moves closer to finalizing deal with mall owners

    J.C. Penney CEO Jill Soltau expects the retailer to wrap up a deal to be acquired by Brookfield Property Partners and Simon Property Group and exit Chapter 11 bankruptcy protection before Christmas.

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  • P&G upped its marketing when the pandemic hit, and won

    Procter & Gamble invested more heavily in marketing ($10.8 billion) and other areas of strength when the novel coronavirus pandemic hit, leading to market share gains and higher sales and profits

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  • Nestle reports growing demand for vitamins and supplements

    Nestle’s health-science business only makes up about three percent of the food giant’s sales, but its Garden of Life, Pure Encapsulations and other brands are growing at a double-digit cli

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  • Amazon tells employees to keep working from home

    Amazon.com has told employees currently working at home that they should plan to continue doing so until the end of June. This is the second time that Amazon has extended its work at home policy. It p

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  • Container Store launching exclusive line with Marie Kondo

    The Container Store has teamed up with Marie Kondo on an exclusive line of home organizing products. The Container Store X KonMari line will feature more than 100 sustainably sourced items when its go

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  • Lowe’s offering free Christmas tree delivery

    Lowe’s is offering free delivery of fresh-cut Christmas trees and orders of $45 or more. The service is part of the retailer’s “Season of Savings” promotion that offers discoun

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