FINANCE

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
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
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
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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SUPPLY CHAIN

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

Actually I am write up a
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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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OPERATIONS

Toys “R” Us launches international shipping for online orders

BY Staff Writer

Wayne, N.J. – Toys “R” Us announced that international shipping is now available for online orders on Toysrys.com and Babiesrus.com to more than 60 countries across Asia, the Caribbean, Central America, Europe, North America and South America. The company is providing this service to its customers in partnership with i-parcel, a leading international air express company that facilitates global shipping capabilities.

Through this partnership, i-parcel will facilitate the international sale, transport and delivery of products for this new online shipping option to customers around the world. To ensure a seamless customer experience, i-parcel will also handle all customer service inquiries related to specific shipments and deliveries.

Customers can select international shipping for eligible items, as noted on the product detail page. Once a destination is chosen, the customer will be directed to an i-parcel page where all taxes, shipping and duty information and costs will be displayed. The customer will then complete their transaction with i-parcel through its site.

As part of the company’s enhanced omnichannel capabilities, customers in the U.S. can also take advantage of this new service when shopping at their local store. With the help of a store associate, shoppers can send relatives and friends around the world gifts for special occasions year-round. When placing international orders at Toys “R” Us and Babies “R” Us stores nationwide a customer’s billing and shipping addresses do not need to be the same.

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Jun-10-2013 11:32 am

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D.Currie says:
Jun-10-2013 11:32 am

On the internet shopping is becoming a way of life for many customers. They enjoy to be able to shop whenever they have a few extra minutes, and accept the fact that they can look at the internet stores from any place with access to the Internet. deliver to Singapore

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