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Shopping centers in breast cancer fundraising event

BY CSA STAFF

Kansas City, Mo. Shopping center developers and retailers are joining Back in the Swing USA to support breast cancer survivors Oct. 11-17 during Back in the Swing Retail Therapy Week. The annual shopping fundraising event, which began in Kansas City eight years ago, is expanding to shopping centers around the country to raise awareness and funds for post-treatment care for breast cancer survivors after breast cancer. Over 80 shopping centers across the country are participating, including centers owned by Developers Diversified Realty, Forest City, Steiner, RED and CBL.

Back in the Swing USA is the first and only national, grassroots nonprofit organization exclusively dedicated to providing awareness, access, and financial support for multidisciplinary, personalized, post-treatment clinical and supportive healthcare, and academic medical research in the field of breast cancer survivorship. The organization has partnered with StoreFinancial, an industry-leading provider of gift-card programs, to expand the shopping event nationwide.

During the full week, stores and restaurants in more than 80 shopping centers will dress up in pink ribbons, banners and window stickers to raise awareness of post-treatment care for breast cancer survivors. The shopping centers sell a special Back in the Swing Shopping Card benefiting breast cancer survivors. The card is honored by the participating stores and restaurants of the center where purchased, giving shoppers up to a 20% discount during the week of Oct. 11-17.

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Here comes the Modern Bride line at JCPenney

BY CSA STAFF

Here comes the Modern Bride line at JCPenney

PLANO, Texas – JCPenney announced that it is partnering with Conde Nast to launch Modern Bride, a new line of bridal accessories, to expand its bridal offerings.

The fine jewelery line will launch in February 2011 in stores and online with merchandise targeted primarily to the 25 to 34 year-old customer. The line will include an expanded assortment of bridal jewelery including engagement rings and wedding bands.

"This collaboration with the experts at Conde Nast will allow us to take our bridal business to the next level, creating an even more comprehensive and distinct destination for brides," said Myron Ullman, III, chairman and chief executive officer of JCPenney. "Conde Nast’s deep understanding of the bridal market and valuable direct connection to potential customers make them the ideal partner, allowing JCPenney to cater to brides who will appreciate the Modern Bride name and continue to shop with JCPenney beyond their wedding day."

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NRF anticipates moderate growth for holiday sales

BY CSA STAFF

NRF anticipates moderate growth for holiday sales

WASHINGTON – One of the world’s largest retail trade associations is projecting that holiday sales will increase by a moderate 2.3% to $447.1 billion.

The National Retail Federation said that while growth remains slightly lower than the 10-year average holiday sales increase of 2.5%, it would be a marked improvement from both last year’s 0.4% uptick and the dismal 3.9% holiday sales decline retailers experienced in 2008.

“While many consumers will be wishing for apparel and electronics this holiday season, retailers are hoping the holidays bring sustainable economic growth,” said NRF president and CEO Matthew Shay. “Though the retail industry is on stronger footing than last year, companies are closely watching key economic indicators like employment and consumer confidence before getting too optimistic that the recession is behind them.”

NRF’s holiday sales forecast is based on an economic model using several indicators, including employment, industrial production, disposable personal income and previous monthly retail sales reports. NRF defines holiday sales as those made in November and December.

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