NRF: 2020 Holiday Retail Sales Grew 8.3%

Holiday retail sales rose a stronger-than-expected 8.3 percent from 2019, or $789.4 billion, according to data released by the National Retail Federation on Friday. The pandemic was a time when consumers turned to gift-giving as a way of cheering themselves up. These numbers include non-store sales and online sales...

Kohl’s and Sephora Announce a Long-Term Partnership

This week, Sephora and Kohl’s announced a long-term strategic alliance. This partnership is intended to bring a new era in elevated Beauty at Kohl’s. It will link Kohl’s vast customer reach and omnichannel convenience to Sephora’s exceptional quality service, product selection, and extraordinary beauty experience. A...

Pet Valu to Wind Down U.S. Operations and Close Stores

Pet Valu, a specialty retailer of pet food, announced Wednesday that it would close its Pennsylvania headquarters and all 358 stores and warehouses throughout the U.S. The company stated that closing sales will start in the coming days. Jamie Gould was recently appointed Pet Valu’s chief restructuring officer. She...

Get Ready for the Holiday Shopping Season

Retail revenue generation is a key component of the holiday season. National Retail Federation, found that Americans spend almost $1,000 each on holiday products — from decorations and gifts to traditional food. In-store operations have been restored and 2021 holiday shopping looks more familiar to shoppers. After a...

Data from Back-to-School Foot traffic indicate a dull holiday season. It’s not so simple

Source: https://www.mytotalretail.com/article/back-to-school-foot-traffic-data-indicate-a-dull-holiday-season-but-its-not-so-simple/ Although there were hopes that the back-to-school season would be a rebound from the year marred by COVID-19’s effects, data from the nation’s largest retailers shows that foot traffic has not been as positive. The foot traffic between July 5 and Aug. 31...