FINANCE

NRF: Retail sales up 2.5% in October

BY Marianne Wilson

Washington, D.C. — Unexpectedly strong retail sales in the month of October point to a good holiday sales season ahead. According to the National Retail Federation, October retail sales, excluding automobiles, gas stations and restaurants, increased 2.5% seasonally adjusted over September, and 4.2% unadjusted from 2012.

In a broader view, October retail sales released Wednesday by the U.S. Census Bureau, which include non-general merchandise categories such as automobiles, gasoline stations, and restaurants, increased 0.4% seasonally adjusted month-to-month, and 3.9% adjusted year-over-year.

“The ever-resilient consumer continues to deliver better economic news,” said NRF chief economist Jack Kleinhenz. “Various retail segments contributed to this month’s growth showing that there is an ongoing pent-up demand by consumers. Confidence and sales should continue to improve.”

Other findings from the September retail sales report include:

  • Building material and garden equipment and supplies dealers stores’ sales decreased 1.9% seasonally adjusted yet increased 4.7% unadjusted year-over-year.
  • Clothing and clothing accessories stores’ sales increased 1.4% seasonally adjusted month-to-month and 4.7% unadjusted year-over-year.

  • General merchandise stores’ sales increased 0.2% seasonally adjusted month-to-month and 1.4% unadjusted year-over-year.
  • Electronics and appliance stores’ sales increased 1.4% seasonally adjusted month-to-month and 5.6% unadjusted year-over-year.

  • Furniture and home furnishing stores’ sales increased 1.0% seasonally adjusted month-to-month and 8.2% unadjusted year-over-year.
  • Health and personal care stores’ sales increased 0.5% seasonally adjusted month-to-month and 5.9% unadjusted year-over-year.
  • Sporting goods, hobby, book and music stores’ sales increased 1.6% seasonally adjusted month-to-month and 5.4% unadjusted year-over-year.
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CVS launches Nuance Salma Hayek spring 2014 collection

BY CSA STAFF

CVS unveiled during a New York City press event on Wednesday the spring 2014 collection of its exclusive Nuance Salma Hayek line.

The new collection, which will begin shipping in January, features products for hair and skin.

Designed for mature skin is the new Age Affirm skin care collection, which is made with an exclusive rose petal complex, consisting of botanical extracts derived from rose petals, violet leaf and lavender flower. The Age Affirm line includes a Firming Day & Night Cream ($16.99), Firming Eye Balm ($16.99), Glycolic Cream Cleanser ($12.99) and Firming Neck & Chest Balm ($21.99).

For hair, there’s new Blue Agave Curls & Waves shampoo and conditioner priced at $7.99 each. The shampoo is a sulfate-free formula designed to gently cleanse without over-drying, infusing the hair with moisture. The mild cleansing system revives waves and builds shine, softness and movement. The conditioner is a rich, repairing conditioner with natural butters and botanical extracts to rejuvenate damaged, brittle hair. The fortifying formula provides deep hydration, reviving the natural coil and formation of wavy hair.

There’s also the new Blue Agave Wave Enhancing Styling Swirl, which is a dual gel and cream formula that revives waves and allows them to flow freely for hair that is soft to touch without a crunch-like texture. It is priced at $9.99.

The new Soy Protein Primer Spray is a light primer formula that promises to smooth hair to equalize its porosity. With improved hair elasticity, the primer allows for even distribution of styling products. It is infused with Color-Lock Technology to help prevent sun damage and protects against heat styling. The price is $9.99.

To help restore health and shine to lackluster locks is the new Healthy Shine Nourishing Oil. The waterless treatment oil penetrates the hair to restore health and shine to hair follicles. It also features Color-Lock Technology with UVB absorbers to protect color from fading during heat styling and exposure to damaging UV rays. The price is $9.99.

To help straighten hair and control frizz is the new Bamboo Extract Straightening Balm. The bamboo extract coats each strand to strengthen and condition damaged hair, while passion flower extract restores moisture and shine. It also features a Style Support Polymer to protect curly, frizzy and relaxed hair against humidity, and it provides lightweight hold for long-lasting straight styles. The price also is $9.99.

The Nuance Salma Hayek line, which is exclusive to CVS/pharmacy, launched in 2011. Hayek’s grandmother, a cosmetologist who developed her own homemade beauty remedies, inspired the line. An embodiment of her family heritage, the products in the Nuance Salma Hayek line represent the fusion of proprietary formulations and personal beauty rituals passed down from generations. Hayek’s own beauty rituals, as well as her global travels, inspired each product in the line.

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Mercato’s new customer magnet

BY Michael Fickes

When the new Nordstrom Rack opened at Mercato in Naples, Fla., in early November, 500 people somehow got into the store within the first five minutes. No kidding.

Nordstrom Rack replaced Books-A-Million in a 30,000 sq. ft. space in the center, joining several other new tenants including The Wine Loft, The Counter, MASA, Kelly Chase Couture and Mark Loren Designs, Le Macaron, Salon Zen AVEDA, Second Cup and TAPS Bar & Lounge.

“We are thrilled to be adding yet another high-quality and hugely popular retailer to Mercato,” said Chuck Taylor, senior VO for Madison Marquette Retail Services, which operates the center. “The addition of Nordstrom Rack further cements Mercato as one of the premiere retail destinations in the Naples area.”

Nordstrom Rack carries merchandise from Nordstrom stores at 50%-60% off regular Nordstrom prices. Designer fashions include Kate Spade, Vince Camuto, Tahari, True Religion, Trina Turk, Michael Kors, Marc Jacobs and others.

The grand opening ceremonies began at 8 a.m. on Nov. 7, an hour before the official opening at 9 a.m. Shoppers that came early enjoyed music and breakfast treats supplied by the store. Customers also bought chances to win thirty $100 gift cards and one $1,000 shopping spree.

Nordstrom operates nine full-line and eight Rack stores in Florida, including a full-line location at Waterside Shops in Naples, just two miles south of Mercato.

Southwest Florida’s only Whole Foods Market and Silverspot Cinema, an 11-screen premier-style theater, anchor Mercato, which offers nearly 350,000 sq. ft. of main street-style retail, cinema and restaurants, 134,000 sq. ft. of Class-A office space and 92 luxury condos. The owner is the Mercato LLP Partnership, comprising managing partner Madison Marquette, the Lutgert Companies and the Barron Collier Companies.


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