MARKETING/SOCIAL MEDIA

Verizon Calling BJ’s

BY CSA STAFF

Bedminster, N.J., Verizon Wireless has announced a deal with BJ’s Wholesale Clubs Inc. to install Verizon shops in more than 128 BJ’s locations. The in-store shops will sell phones, accessories and a variety of service plans and also accept bill payments. Verizon will be responsible for the operation and maintenance of the kiosks.

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FINANCE

NRF Raises Holiday Sales Forecast

BY CSA STAFF

Washington, D.C., The National Retail Federation revised its holiday sales forecast upwards, the first time it has ever done so during the holiday season.

The NRF projected retail sales growth of 6% to $439.53 billion during the holiday season, up from the 5% growth it forecast on Sept. 21.

“Recent consumer spending has surpassed our expectations and we expect this momentum to continue through the holiday season,” NRF president and CEO Tracy Mullin said in a statement.

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OPERATIONS

NRF Raises Holiday Sales Forecast

BY CSA STAFF

Washington, D.C., The National Retail Federation revised its holiday sales forecast upwards, the first time it has ever done so during the holiday season.

The NRF projected retail sales growth of 6% to $439.53 billion during the holiday season, up from the 5% growth it forecast on Sept. 21.

“Recent consumer spending has surpassed our expectations and we expect this momentum to continue through the holiday season,” NRF president and CEO Tracy Mullin said in a statement.

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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