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NPD: More consumers to spend same or more this holiday versus last year

BY Marianne Wilson

Port Washington, N.Y. — The majority of consumers intend to spend the same (67%) this holiday season than last year, and 10% plan to spend more while fewer that say they plan to spend less, according to the NPD Group’s 11th Annual Holiday Survey.

“Looking at this year’s responses, I see a light at the end of the tunnel with more consumers telling us they plan to ‘spend about the same’ and less planning to ‘spend less’,” said Marshal Cohen, chief industry analyst, The NPD Group, Inc. “While consumer confidence seems to be up retailers will still face some challenges. They will need to develop creative ways to lure shoppers into the stores.”

Owing to the upcoming election, overall the holiday shopping season will be off to a late start, the report said. While more consumers last year started already by this time, this year there will be an increase in the number of consumers who will begin their shopping before Thanksgiving.

“Consumers and the media will be thinking about the election more than shopping, but when the election is over consumers will get into the holiday spirit,” Cohen said,

There is an increase of 1% to 2% in the number of consumers planning to shop at Off-Price Retailers, Drug Stores, and Specialty Stores this year versus last. Off-Price Retailers and Specialty Stores also did better than Catalogs/Mail Order on the list.

“Retailers at all levels are likely to be challenged this year with the channel lines increasingly becoming blurred. Among the competition for traditional retailers this year are Drug Stores and Supermarkets,” said Cohen. “Now that consumers are less attracted to sale prices and more attracted to selection as well as convenience, stocking the right items will be essential to drive foot traffic.”

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M.Mate says:
Mar-19-2013 04:24 am

That is all because of the living standards that are changing with time and more of the people are taking some free time for the vacations in different locations of the world. VitaNet

M.Mate says:
Mar-19-2013 04:24 am

That is all because of the living standards that are changing with time and more of the people are taking some free time for the vacations in different locations of the world. VitaNet

D.Glory says:
Jan-24-2013 09:30 am

Ir is an clear indication towards the change in standard of living amongst the people than the last year. It is a good news for the economical stability. Regards, cable ties

D.Glory says:
Jan-24-2013 09:30 am

Ir is an clear indication towards the change in standard of living amongst the people than the last year. It is a good news for the economical stability. Regards, cable ties

M.Mate says:
Jan-12-2013 06:26 am

It all depends on the climate that is currently present in the region and it effects a lot on planning for the holidays. Regards, Lila Centre

M.Mate says:
Jan-12-2013 06:26 am

It all depends on the climate that is currently present in the region and it effects a lot on planning for the holidays. Regards, Lila Centre

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Dec-28-2012 08:05 am

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Sears Holdings received EPA SmartWay Excellence Award

BY Marianne Wilson

Hoffman Estates, Ill. — Sears Holdings received a SmartWay Excellence Award from the U.S. Environmental Protection Agency for being an industryleader in freight supply chain environmental performance and energy efficiency.

In addition, 100% of Sears Holdings more than 20+ freight carriers are SmartWay program partners as well.

The EPA SmartWay partnership is a public/private collaboration between the US EPA and the freight transportation industry that helps freight shippers, carriers, and logistics companies improve fuel-efficiency and save money.

“We are honored to have received this distinguished environmental award as our company remains focused on supply chain optimization leading to fuel efficiency, reduced emissions and increased supply chain sustainability,” said Raj Pankar, senior VP and president, supply chain, Sears Holdings. “This commitment by the SmartWay program enables companies, such as Sears Holdings, to continue to strive towards improved standards year-over-year.”

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R.Mathura says:
Dec-19-2012 05:55 pm

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R.Mathura says:
Dec-19-2012 05:55 pm

Actually I am write up a report on this article and it helped me with a mischievousness glance. I have read this post and if I realized some interesting things or suggestions. May be you can write next articles referring to this article. SEO Experts India I desire to read more things about related it.

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Walmart to unions: “That’s all you got?”

BY CSA STAFF

Organized labor was crowing this week about a protest, or was it a strike, involving 88 Walmart employees at 28 stores in 12 states who didn’t show up for work on Tuesday.

Big deal. Eighty-eight employees not showing up at 28 stores works out to three employees per store. That level of absenteeism isn’t enough to even register on the radar of a busy Walmart store manager, especially one running a large store with upwards of 500 employees who is accustomed to plenty of drama. In other words, the challenging of compensating for employees who don’t show up, for whatever reason, is an operational issue with which store managers are very familiar.

The alleged strike was organized by a group calling itself Making Change at Walmart and was timed to coincide with the company’s annual fall investor conference. The group and others of its ilk have employed similar tactics in the past to portray Walmart’s relationship with its employees as frayed. Also this week another group called SumOfUs.org actually bought ads in local newspaper decrying Walmart’s treatment of workers and organized protests in Bentonville.

While the ads were running and the protests were underway, Walmart U.S. COO Gisel Ruiz was telling a different story to the financial community. A former hourly store associate herself, Ruiz began with the company some 20 years ago and said she was confident that employee engagement was at an all-time high.

She said 80% of associates received bonuses the past several quarters and over the past four quarters 162,000 associates were promoted. One million of the company’s employees and their family members are covered by health plans and there were five million applicants to work for the company last year.

"People want to work at Walmart," Ruiz said.

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