New York–Increasing online sales, shifting consumer spending habits, and limited replenishment purchases in apparel will eat into in-store bricks-and-mortar sales growth, according to Fitch Ratings’ 2016 U.S. retail outlook. Fitch expects in-store sales will grow just 1.5% to 2% next year, below the 3% to 4% expected for the U.S. retail industry overall. “The growth […]

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Washington and New York—Mixed reports about Black Weekend shopping came in this morning as retailers, analysts and trade associations relayed statements about sales. Some reported strong foot traffic even on Thanksgiving night. Others says traffic is for in-store sales and that Cyber Monday may actually wind up being the strongest sales day so far this […]

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San Mateo, CA—While it may be busy at retail and online today with Black Friday specials, ShopRunner, the members-only online shopping service, says 85% of its members intend to shop on Cyber Monday, dominating over both Black Friday and Thanksgiving this year. The finding was revealed as part of a 2015 Holiday Consumer Study, which […]

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New York—In between the questions on Facebook about what door busters go on sales when, some customers took to ranting on Target, taking aim at the retailer’s decision to open early on Thanksgiving again this year. Kelly Imer posted: “I don’t work at Target but I think it is horrible that stores are open on […]

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Beverly Hills, CA–Oren Isaac Eyewear, a new e-commerce-based optical brand create by Emmanuel Aboucaya, premiered today with a collection of OI optics featuring 27 frame options at $98 a pair. The frames come in a range of colorways incorporating elements such as ombre and color-blocking. To encourage users to find just the right pair, Oren […]

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New York—Tiffany & Co. reported today a drop in its third quarter sales as a strong dollar cut into tourist spending. For the three months ended Oct. 31, the fine jewelry retailer posted net income of $91 million, or 70 cents ashare, missing the average analyst estimate of 75 cents a share,.In the third quarter […]

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New York—The Government of India recently launched a new initiative—“Make in India,” where all sectors of manufacturing from agriculture to automobiles have been de-licensed and deregulated. One industry that stands to gain from the deregulations is Indian leathergoods which already amounts to some $11 billion a year. India’s Council of Leather Exports is instituting skill […]

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Houston—Charming Charlie sure lives up to its name. This week the accessories retailer announced announced it donated more than $3.7 million worth of product to women in need through its charitable giving partnership with the nonprofit organization K.I.D.S./Fashion Delivers. More than 260,000 pieces were recently given away to various community partners aiding women impacted by […]

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Stevens, PA—Finally some good news for retailers—those that cater to more affluent consumers that is. The good news is that affluents increased their average three-month spending on high-end or luxurygoods and services by 3.2% overall, according to the latest from Unity Marketing. Even better news is that affluents’ consumer confidence rose 17.3 points, as measured […]

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New York—Tis the season to connect—via a smartwatch. Following holiday-time smartwatch introductions from Fossil and TAG Heuer, Guess Watches introduced today its Guess Connect. Based on its global best-selling style called RIGOR, this boldly-styled smartwatch is powered by smartwatch award-winning leader Martian Watches’ technology marries beauty and brains. in a line of smartwatches designed for […]

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