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Chase: Green Monday top-five shopping day so far

BY Katherine Boccaccio

New York — The Chase Holiday Pulse on Wednesday revealed that Green Monday, Dec. 10, sales showed a 10.7% year-over-year increase over Green Monday (Dec. 12) in 2011, mainly driven by merchant deals and discounts on popular gift items.

Overall sales volume for the week commencing December 3rd grew 7.1% compared with season-to-date growth of 12.2% year-over-year. For transactions, volume for the period increased by 9.3% compared with a season-to-date growth of 22.5%. Mass Market and Home categories showed a year-over-year increase of 22.9% and 14.8% respectively for the same period.

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M.Strom says:
Dec-13-2012 01:44 pm

Green Monday no longer holds the title for generating the most green in terms of online sales. Green Monday will also cross the $1 billion threshold. Bankruptcy is unlikely :)

M.Strom says:
Dec-13-2012 01:44 pm

Green Monday no longer holds the title for generating the most green in terms of online sales. Green Monday will also cross the $1 billion threshold. Bankruptcy is unlikely :)

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Jones Group names chief people officer

BY Staff Writer

New York — The Jones Group Inc. announced Wednesday it has promoted Aida Tejero-DeColli to the newly created position of chief people officer, effective immediately.

Tejero-DeColli will continue to lead all efforts supporting human resources activities at Jones, including talent acquisition and management, training and development, and associate compensation, benefit and recognition programs.

Tejero-DeColli began her career with Jones Group in 1994 as director of human resources and most recently served as EVP human resources.

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Tracking report: U.K. holiday shopping accelerates

BY Katherine Boccaccio

London — An increasing number of U.K. consumers are spending more time at the nation’s shopping centers, according to a newly launched weekly statistic released Wednesday by the International Council of Shopping Centers and Path Intelligence.

This new statistic — known as the Path Index and illustrating that ICSC Research is broadening its shopping center tracking to Europe — melds shopping center footfall and the time spent per visitor into a shopper-hours index. For the week ending Dec. 9, 2012, the Path Index rose to its highest reading of the year so far, but was 5.1% below the same week of 2011.

According to ICSC president and CEO Michael P. Kercheval, the Index serves as an extremely timely window on shopping-center business performance. “The shopping center industry is leveraging more technology to better understand and quickly react to consumer needs,” Kercheval said.

The full historical data as well as weekly updates of the Path Index will be available to ICSC members at ICSC.org/research/edata.php.

The Path Index will be reported weekly on Wednesdays, according to the companies.

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