Best Buy's 23 US distribution centers have been operating round the clock to get ready for Thanksgiving weekend. The retailer has stocked stores and warehouses with hundreds of thousands of TVs to ensure enough stock for in-store and online sales.
Retailers including Target and Walmart are booking rising sales of matching holiday pajamas as more families adopt an annual tradition of dressing in them for celebrations, selfies and Christmas cards. "People aren't just wearing them to bed anymore. They're actually putting them on to go out and have fun," said Debbie Horton, Walmart's senior sleepwear buyer.
Retailers are increasingly depending on loyalty programs to keep customers coming back as competition grows and Amazon Prime wins more members. Hollister's Club Cali program helped boost same-store sales 8% last quarter, and Sears is banking on its omnichannel Shop Your Way loyalty program to drive repeat business.
Retailers including Amazon and Macy's are offering perks to shoppers who choose no-hurry delivery options for the holiday season. UPS is tacking on fees during peak delivery times this year and the moves by retailers are designed to keep shipping costs down.
Hong Kong-based Chow Tai Fook Jewellery Group booked double-digit increases in revenue and profits in six months ended September as demand for gold and other luxury goods in China continued to rise. The retailer grew to 2,358 stores in mainland China, with plans to add more locations in China, Macau and Hong Kong.
Retailers expect to hire up to 550,000 seasonal employees to staff stores and online fulfillment centers this year, more than twice as many as they added during the peak of the recession, according to NRF. Retailers across the board from Amazon to Target are beefing up staffing.
On Thursday, Amazon will begin testing online sales in Australia with some of the country's registered sellers, according to an email sent to sellers. The e-commerce giant has opened its first Australian fulfillment center in Melbourne.
Shoppers in France are forecast to spend an average of 4% more online this season, and online holiday spending is on track to grow 13% to €15.8 billion, according to France's Commerce Federation. France is the world's fifth-largest e-commerce market.
Retail operator Dufry Group has debuted its first New Generation shop in Latin America at Mexico's Cancun International Airport. Dufry's 2,540-square-foot expansion at the newly-opened Terminal 4 includes the launching of six other new stores.
Italy-based fashion retailer Moncler opened its biggest Asian store in Hong Kong last week. The luxury brand, best known for its down jackets, is promoting the new location with 10,000 jacket-wearing figurines strategically place around the city.
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