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Keyword: retail

Brevity: Headers | « Text »
  • Why Sports Authority is throwing in the towel and closing all of its stores

    04/29/2016 6:54:23 PM PDT · by kaehurowing · 63 replies
    Pasadena Star News ^ | April 27, 2016 | Kevin Smith
    Why Sports Authority is throwing in the towel and closing all of its stores When struggling retailer Sports Authority filed for Chapter 11 bankruptcy last month in the face of more than $1 billion in debt, the company indicated that it had two options going forward. One of those was to shed underperforming stores and emerge from bankruptcy as an intact, but pared-down company. The other was to sell everything and cease operating. On Tuesday, the company appeared to choose the latter. . . . With the minimum wage going up to $15 an hour and more people turning to...
  • Targets Stock Down 5 Percent, Brand Damaged, by Public Rebuke to Pro-Transgender Bathroom Rules

    04/29/2016 6:54:42 PM PDT · by Morgana · 78 replies
    Breitbart.com ^ | April 29, 2016 | by Neil Munro
    Targets stock price and its favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms. The companys stock was two cents shy of $84 on August 19, when it revealed it would not allow shoppers to use single-sex bathrooms or changing rooms. Instead, all rooms were opened up to anyone claiming to be of either sex. As of 4.00 p.m. Friday, the stock had dropped almost $4.50, down to $79.50. Thats a huge loss of 5 percent in stock value, costing shareholders roughly $2.5 billion in company...
  • Target just received really bad news

    04/27/2016 12:39:15 PM PDT · by BlackFemaleArmyCaptain · 70 replies
    Charismanews.com reported: Faith Driven Consumer (FDC), representing 41 million Americans who spend $2 trillion annually, has earned wide recognition for its groundbreaking FaithEqualityIndex.com (FEI), which scores more than 500 major brands for compatibility with the FDC community, and also for its Faith-Friendly Film Review entertainment rating system. Today, amidst growing consumer backlash over Target's (Faith Equality Index Score 39/100) announcement that it will allow men in women's bathrooms and changing rooms, FDC is calling on its community of 41 million who spend $2 trillion annually to engage in a national #BUYcottWalmart effort by choosing Target's arch-rival Walmart (FEI Score 51/100)...
  • Target: Men in Girls Restrooms Okay, Armed Law-Abiding Citizens Not Okay

    04/26/2016 10:49:07 AM PDT · by rktman · 46 replies
    breitbart.com ^ | 4/25/2016 | AWR Hawkins
    Target allows men to use the same restrooms as ten-year-old girls and has made it clear that it would prefer law-abiding citizens to enter its stores unarmed. On April 20, Breitbart News reported that Target released a statement in which they equated opening girls restrooms to men as part of equality. The statement said, Inclusivity is a core belief at Target. Its something we celebrate. We stand for equality and equity, and strive to make our guests and team members feel accepted, respected and welcomed in our stores and workplaces every day.
  • Target: Use the bathroom of your 'gender identity'

    04/21/2016 4:55:21 PM PDT · by Red in Blue PA · 49 replies
    Visit a Target and use whichever bathroom youd like. Thats the message the retail giant appears to be sending with a new statement on its website that ostensibly takes aim at so-called bathroom laws seeking to restrict mens and womens bathrooms to the sex listed on a persons birth certificate. In our stores, we demonstrate our commitment to an inclusive experience in many ways, the statement said. Most relevant for the conversations currently under way, we welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity. Targets policy is not...
  • Sears to close 78 stores this summer

    04/21/2016 4:07:42 PM PDT · by Olog-hai · 65 replies
    Associated Press ^ | Apr 21, 2016 7:06 PM EDT | Anne DInnocenzio
    Sears Holdings Corp. will close another 78 stores 68 Kmart units, and 10 Sears stores as it looks to restore profitability. That accounts for about 5 percent of its store base, which is nearly 1,700 stores. The ailing company, based in Hoffman Estates, Illinois, had said in February that it would accelerate the closing of unprofitable stores following a challenging holiday season. The move announced Thursday is expected to generate a meaningful level of cash from the liquidation of store inventories and from the sale or sublease of some of the related real estate, it said Thursday. All...
  • Target's transgender bathroom policy sparks boycott threats, anger

    04/21/2016 1:46:35 PM PDT · by Morgana · 54 replies
    .syracuse.com ^ | April 21, 2016 | Kevin Tambone
    The rights of transgender individuals have been in the news in a big way lately and one of the nation's largest retailers is now weighing in. In a post on its website Tuesday, Target reiterated an existing policy: that transgender employees and customers are welcome to use the bathroom or fitting room that corresponds with their gender identity. The post also expressed support for federal legislation protecting the rights of lesbian, gay, bisexual and transgender individuals. "Inclusivity is a core belief at Target," the post said. "It's something we celebrate. We stand for equality and equity, and strive to make...
  • Sign the Boycott Target Pledge!

    04/21/2016 9:09:22 AM PDT · by Yashcheritsiy · 55 replies
    American Family Association ^ | April 21, 2016 | American Family Association
    The American Family Association is calling for a boycott of Target after the retail giant said it would allow men to use the women's restrooms and dressing rooms in their stores. On its web site this week, Target announced, "[W]e welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity. ...Everyone deserves to feel like they belong." This means a man can simply say he "feels like a woman today" and enter the women's restroom...even if young girls or women are already in there. Target's policy is exactly how sexual...
  • BREAKING: Target Stores Make MASSIVE Announcement Parents ARE FURIOUS!

    04/20/2016 10:20:47 AM PDT · by Morgana · 165 replies
    thepoliticalinsider.com ^ | April 20, 2016 | koser
    " Target Corp. made it clear Tuesday that transgender people who visit its stores are welcome to use the bathroom that aligns with their gender identity. The statement by the Minneapolis-based retailer comes amid debates in many state legislatures over restricting public restroom use to the sex listed on a persons birth certificate. While many of those conversations have centered around restrooms in public schools and government buildings, Target appears to be one of the first big-box retailers to take a proactive stance in declaring its position on the matter when it comes to its own restrooms. While they may...
  • Target says transgender people can use bathroom that aligns with their identity

    04/19/2016 6:35:00 PM PDT · by matt04 · 177 replies
    Target Corp. made it clear that transgender people in its stores are welcome to use the bathroom that aligns with their gender identity. The statement Tuesday by the Minneapolis-based retailer comes amid debates in many state legislatures over restricting public restroom use to the sex listed on a persons birth certificate. While many of those conversations have centered around restrooms in public schools and government buildings, Target appears to be one of the first big-box retailers to take a proactive stance in declaring its position on the matter when it comes to its own restrooms. While they may not be...
  • Nordstrom is cutting hundreds of jobs, confirming a terrifying new trend among wealthy shoppers

    04/19/2016 11:32:27 AM PDT · by huldah1776 · 67 replies
    Business Insider ^ | April 18, 2016 | Hayley Peterson
    Nordstrom said Monday it was slashing 400 jobs at its corporate headquarters. The move comes two months after the department store chain reported a 3% drop in comparable sales for its fourth quarter, and forecast that profit per share would fall 30% in the first half of this year. The cuts confirm a terrifying new reality for high-end retailers: Wealthy shoppers are reining in spending and along with the rest of American consumers refusing to pay full price for anything. Nordstrom inventory increased 12% in the most recent quarter a sign that the chain is having a...
  • Sport Chalet closing all of its stores

    04/16/2016 8:16:14 PM PDT · by chrisinoc · 66 replies
    OC Register ^ | 4/16/2016 | LILY LEUNG and LOU PONSI
    Sport Chalet announced on Saturday that it is closing all of its stores and has stopped selling goods online. "While our online store is no longer available, all Sport Chalet stores will remain open for several weeks, offering customers the opportunity to use their remaining rewards and gift cards, and to take advantage of great sales," the chain says on its website. Michelle De Leon, a department head at the Sport Chalet in Lake Forest, said employees found out about the store closure through their general managers on Thursday.
  • California clothing manufacturers fleeing minimum wage hike

    04/16/2016 6:31:34 AM PDT · by Kaslin · 45 replies
    Hot Air.com ^ | April 16, 2016 | JAZZ SHAW
    A fifteen dollar per hour minimum wage is coming to California, so break out the champagne and let’s get this party started! Unless you work in the apparel manufacturing industry, that is, in which case you may want to start looking for some cheaper drinks since you’ll likely be out of a job soon. Once the home to a large segment of the American clothing manufacturing industry, California apparel manufacturers have already been hit by skyrocketing commercial real estate value and rising supply chain costs, but another spike in their labor rates will apparently be the final straw for some...
  • US retail sales down 0.3% in March vs. 0.1% increase expected [drink]

    04/13/2016 5:43:09 AM PDT · by mykroar · 11 replies
    CNBC.com ^ | 4/13/2016 | Reuters
    U.S. retail sales unexpectedly fell in March as households cut back on purchases of automobiles, further evidence that economic growth stumbled in the first quarter.The Commerce Department said on Wednesday that retail sales declined 0.3 percent last month after being unchanged in February. Economists polled by Reuters had forecast retail sales edging up 0.1 percent last month. Retail sales excluding automobiles, gasoline, building materials and food services ticked up 0.1 percent last month after an upwardly revised 0.1 percent gain in February. These so-called core retail sales correspond most closely with the consumer spending component of gross domestic product. Economists...
  • Gap Apologizes for Ad Called Racist Because It Features a White Girl Leaning on a Black Girl

    04/10/2016 6:06:29 AM PDT · by HomerBohn · 85 replies
    National Review ^ | 4/6/2016 | Katherine Timpf
    Gap actually apologized for an ad that people called racist because it features a white model leaning on a black model and, apparently, thats saying that all black girls can do is bear the weight of White [sic] girls. Here are just a few of the Tweets expressing the outrage over the ad: (Read tweeted comments at link) And here is Gaps apology: As a brand with a proud 46 year history of championing diversity and inclusivity, we appreciate the conversation that has taken place and are sorry to anyone weve offended, Gap spokeswoman Debbie Felix said in...
  • U.S. Lost 29,000 Manufacturing Jobs in MarchBut Gained in Retail, Food Services and Drinking Places

    04/02/2016 4:00:51 PM PDT · by Olog-hai · 39 replies
    Cybercast News Service ^ | April 1, 2016 | 10:59 AM EDT | Terence P. Jeffrey
    The United States lost 29,000 manufacturing jobs in March while gaining jobs in retail trade, food services and drinking establishments, according to data released today by the Bureau of Labor Statistics. During the month, jobs in the retail industry in the United States outnumbered jobs in manufacturing by 3,651,100. In February, according to seasonally adjusted data released today by the Bureau of Labor Statistics, employment in the manufacturing sector was 12,320,000. In March, that dropped to 12,291,000.
  • The Never-Ending Greatness of L.L. Bean's Boots

    03/29/2016 11:03:43 AM PDT · by C19fan · 43 replies
    Popular Mechanics ^ | March 28, 2016 | Michael Paterniti
    Come close. They won't bite though some have been gnawed upon, chewed, and bitten themselves (mostly by labs and golden retrievers, if social media is the source). Weirdly, the weathered boots piled into a bin, located in a far-off corner of the factory, don't smell so bad either. It's hard not to want to touch them, to trace their wrinkles. Each boot carries its own landscape of dings and dust, faded in its own peculiar shade, with its own particular history.
  • Army veteran fired from CVS after trying to stop robbery

    03/03/2016 3:58:49 PM PST · by huldah1776 · 49 replies
    FoxNews ^ | March 3, 2016 | N/A
    When two suspects tried robbing a Maryland CVS on Friday, Army veteran Joe Morici sprang into action. And it cost him his job. Morici, who served seven years in the Army, including a stint in Afghanistan, was fired from his management job at a Beltsville CVS because he intervened and tried to catch the men, FOX5 reported. But Morici said his reactions were purely based on instinct when two men tried robbing the CVS pharmacy during his shift. He quickly told cashiers to call 911 and helped an elderly man out of the store before locking the doors, preventing the...
  • Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores

    02/27/2016 10:29:19 PM PST · by 2ndDivisionVet · 58 replies
    The Economic Collapse ^ | February 25, 2016 | Michael Snyder
    Barack Obama recently stated that anyone that is claiming that America's economy is in decline is "peddling fiction". Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, I wrote about the "retail apocalypse" that is sweeping the nation, but since then it has gotten even worse. Closing stores has become the "hot new trend" in the retail world, and "space available" signs are going up in mall windows all over the United States. Barack Obama can continue huffing and puffing about how well the middle...
  • Lands’ End apologizes for Steinem profile, but not tote bag fundraising

    02/25/2016 7:34:48 PM PST · by Morgana · 7 replies
    liveactionnews.org ^ | February 25, 2016 | Calvin Freiburger
    The clothing company Lands’ End has apologized for recently featuring longtime pro-abortion activist Gloria Steinem on its website and catalog as a “legend” for her work on women’s equality. The profile centered around Steinem’s work for the Equal Rights Amendment in the 1970s and 80s, not abortion. However, more recent versions of the ERA have been interpreted as potentially invalidating various pro-life state laws. “One reason we need an Equal Rights Amendment is because nowhere in the Constitution does the word ‘women’ appear,” Steinem told Lands’ End. “We need a constitutional principle of female equality.” “We understand that some of...
  • Lands’ End Stores Donating Proceeds to Abortion Activist Gloria Steinem’s Organization

    02/24/2016 5:40:48 PM PST · by aMorePerfectUnion · 13 replies
    LifeNews ^ | Feb 23, 2016 | Micaiah Bilger
    The women's clothing company Land's End just launched a year-long campaign to honor pro-abortion feminist Gloria Steinem by donating to one of her organizations. Earlier this month, the company published an interview and photo-shoot with Steinem on its website to announce the campaign, centered around Steinem's work to pass an Equal Rights Amendment (ERA). Steinem is a well-known abortion activist who once said women "need" abortion. Land's End highlighted Steinem as one of its "Legends," individuals who have made a difference in both their respective industries and the world at large and have paved the way for others to follow....
  • Sports Authority employees told 25 Texas stores closing, including nine in D-FW (140 nationwide)

    02/17/2016 2:41:38 PM PST · by PAR35 · 44 replies
    Dallas News ^ | February 17, 2016 | Maria Halkias
    Sports Authority employees were told last week that the big box chain is closing its Texas stores. ... Store employees in Dallas Wednesday said they weren’t sure when stores will close. A lot of merchandise is on clearance. But the staff was also packing up goods into boxes. A large truck arrived to the Caruth Plaza store today around lunchtime to take away merchandise. ... The Denver Post is reporting that three stores are closing in its market and quoted a source saying there are a total of 140 stores closing.
  • How bad decisions and poor IT killed Target Canada

    02/11/2016 10:41:34 AM PST · by Swordmaker · 17 replies
    ZDNet ^ | February 11, 2016 | David Gewirtz
    Unmanageable deadlines and disastrous IT wrecked this top US retailer's attempt at international expansion. The moral of the story: IT drives the enterprise. Business school case studies tend to fall into two categories: epic wins and oh-my-gosh-how-could-they-possibly-have-been-so-stupid epic failures. This article discusses a real-world billion dollar story that falls into the second category. As epic failures go, this one is worthy of the history books. . . EVERYTHING WENT TERRIBLY, TERRIBLY WRONG . . .
  • 70% Of Jobs Added In January 2016 Were Minimum Wage Waiters And Retail Workers

    02/05/2016 8:52:32 AM PST · by SeekAndFind · 23 replies
    Zero Hedge ^ | 02/05/2016 | Tyler Durden
    For those curious where the big jump in earnings came from, the answer appears rather simple: the reason, according to the BLS' breakdown of jobs added in January (per the Establishment survey), of the 151,000 jobs added in the past month, retail trade added 58,000 jobs in January, while employment in food services and drinking places, aka waiters and bartenders, rose by 47,000 in January.In other words, 70% of the job gains in January went to minimum wage workers. So how does one explain the snap higher in January wages? Simple: state regulations demanding higher wages for minimum wage...
  • Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

    02/01/2016 8:58:20 AM PST · by SeekAndFind · 134 replies
    EAD ^ | 02/01/2016 | Michael Snyder
    Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale. In impoverished urban centers all over the nation,...
  • Nearly Everything at These Walmart Stores Is Now 50% Off

    01/22/2016 6:55:23 PM PST · by Citizen Zed · 17 replies
    time.com/money ^ | 1-22-2016 | Brad Tuttle
    Last week, Walmart dropped a bombshell on the retail world with the announcement it was closing 269 stores worldwide, including 154 in the U.S. The vast majority being shuttered in the U.S. are Walmart Express stores -- the company's tiniest retail locations, which ultimately proved unprofitable for the big box-focused giant. Walmart isn't wasting any time in shutting the stores down. The full list of where and when stores are being closed can be found here, and it shows that the vast majority will close their doors on Thursday, Jan. 28.
  • J.C. Penney to sell home appliances again after 33 years

    01/21/2016 8:10:52 PM PST · by jeannineinsd · 55 replies
    Fortune ^ | Phil Wahba
    The retailer sees a big opportunity in the appliance business, and in Sears' problems. For the first time in 33 years, the department store will be selling home appliances like refrigerators and washing machines by General Electric, Hotpoint, LG and Samsung, at 22 of its roughly 1,000 stores. If all goes well with the pilot, which begins Feb. 1 in stores in the San Antonio, San Diego and Tampa metro areas, Penney could roll out the home appliance offerings to hundreds more stores by October. The return to home appliances is the first major new initiative by former Home Depot...
  • Walmart Closes LA Store Over $15 Minimum Wage

    01/18/2016 5:41:11 AM PST · by Rockitz · 96 replies
    Breitbart.com ^ | 17 Jan 2016 | Chriss W. Street
    Los Angeles residents of impoverished Chinatown were shocked to learn on January 17 that the Walmart they pleaded for years to get would be shut down at 7 p.m. Sunday evening due to the city’s new $15 minimum wage ordinance, and union harassment. (Update: The closure was described by the company as one of 154 closures “that took into account a number of factors, including financial performance as well as strategic alignment with long-term plans.”) Immigrant Hispanic and Asian residents of central Los Angeles campaigned for years for a “big box” retailer to locate in their economically depressed neighborhood to...
  • Wal-Mart to close 269 stores, including 154 in the U.S. and 9 in California

    01/15/2016 3:22:04 PM PST · by jeannineinsd · 41 replies
    Los Angeles Times ^ | 1/15/16 | Samantha Masunaga
    Wal-Mart Stores Inc. said Friday that it will close 269 of its stores globally, including 154 in the U.S., nine of them in California, as the company looks to reposition itself in a difficult retail climate. The retailer does not necessarily appear to be shrinking its U.S. footprint, however. The retailer said that in the next year, it plans to open more than 140 new stores nationwide. Plans include opening or expanding nine stores in California. Two Wal-Mart stores in Los Angeles -- one on Crenshaw Boulevard and one on West Cesar E. Chavez Avenue -- as well as one...
  • WAL-MART TO SHUTTER 269 STORES, 154 OF THEM IN THE US

    01/15/2016 7:40:28 AM PST · by bryan999 · 35 replies
    NEW YORK (AP) -- Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market. The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. More than 95 percent of the stores set to be closed in the U.S. are within 10 miles of another Wal-Mart. The Bentonville, Arkansas, company said it is working to ensure that workers are placed in nearby locations. The store closures will start at the end of the month.
  • Wal-Mart to Close 269 Stores as It Retools Fleet (In US: 154 stores, 10,000 jobs lost)

    01/15/2016 6:25:32 AM PST · by kristinn · 88 replies
    CNBC ^ | Friday, January 15, 2016 | Krystina Gustafson and Courtney Reagan
    Wal-Mart said Friday it will close 269 stores across the globe, including 154 in the U.S. The world's largest retailer also will open as many as 405 stores globally in the coming fiscal year, as it shifts its focus toward Supercenters and Neighborhood Markets in profitable locations. In all, 16,000 employees will be impacted by the store closings, about 10,000 of whom are in the U.S. Also domestically, Wal-Mart will also close 23 Neighborhood Market stores, 12 Supercenters, seven stores in Puerto Rico, six discount centers and four Sam's Clubs.
  • Kohl's Corp. directors considering taking company private, report says

    01/11/2016 10:19:33 AM PST · by afraidfortherepublic · 12 replies
    Millwaukee Journal Sentinel ^ | 1-11-16 | Rick Romell and Paul Gores
    Directors of Kohl's Corp., which has been struggling to regain at least some of the growth that once made the company a retailing star, are weighing the possibility of going private, The Wall Street Journal reported Monday. Citing a person familiar with the situation, the paper said directors are debating whether to hire an investment bank to explore alternatives that could include sale to a private equity firm. The discussions are preliminary and may not lead to such action, the paper reported. But New York-based retail consultant Howard Davidowitz said the considerable cash flow Kohl's generates makes it attractive to...
  • Donald Trump gloats after massive Macy's job cuts

    01/07/2016 8:36:05 AM PST · by TangledUpInBlue · 120 replies
    The Business Insider ^ | 1/7 | Colin Campbell
    Trump had a high-profile feud with Macy's shortly after he launched his presidential campaign in June with a fiery campaign speech in which he accused the Mexican government of sending rapists and murderers across the border. Macy's was among several corporations to sever financial ties with Trump amid the resulting firestorm. The store said it would phase out its Trump-branded ties, dress shirts, and "Success" fragrance. Trump responded by calling for a boycott of the store and retweeted his supporters who said they were cutting up their Macy's credit cards.
  • Toys R Us follows in the footsteps of F.A.O Schwarz and closes flagship Times Square store [tr]

    12/31/2015 6:43:49 AM PST · by C19fan · 25 replies
    UK Daily Mail ^ | December 31, 2015 | Chris Pleasance
    For decades, excited children visiting New York begged their parents for a visit to a toy store unlike any other - complete with 60-foot indoor Ferris wheel, 20-foot animated T Rex and a life-size Barbie dollhouse. For hundreds of thousands of youngsters, the Toys R Us store in Times Square, the brand's flagship property, held a special place in the imagination as a store where dreams really did become reality. However, that dream sadly came to an end after 14 years yesterday as the store closed its doors to shoppers - following on the heels of fellow toy shop F.A.O...
  • Weekly Paper Freaks Out Over Cabela’s Christmas Gun Ad

    12/26/2015 5:44:34 AM PST · by Hojczyk · 60 replies
    Gateway Pundit ^ | DECEMBER 26, 2015 | Michael Strickland
    If you’re a person in the USA, you probably get ads in the mail all the time from gun and outdoor stores advertising firearms, especially during November and December, or whenever Obama says anything about more gun laws. Sometimes these ads come in the Wednesday flyer pile in the newspaper, as was the case this week when a Cabela’s ad featuring an AR 15 was circulated in the Oregonian ads. Most people either chuck the ad or save it and head to whatever gun shop it is. Unless you’re Willamette Week author Coby Hutzler or reader Doug Menely, then you...
  • Christmas Shopping in Chicago - In Line or Online, How Times Have Changed

    12/25/2015 7:20:46 AM PST · by jfd1776 · 14 replies
    Illinois Review ^ | December 24, 2015 A.D. | John F. Di Leo
    If you regularly drive north from Chicago to Milwaukee on I-94, as I do, you have watched Amazon’s Kenosha distribution center grow by leaps and bounds. The parking lot is full, day and night, as it is in online retailers’ similar facilities all over the country nowadays. They may be on the outskirts of a metro like the Kenosha one, or in the heart of town, like Amazon’s 26 urban fulfillment centers in Houston, New York, San Francisco, Miami and Atlanta, often saving a blighted neighborhood by new construction and new jobs that no other business could justify bringing there....
  • Men, women and Ikea: It’s complicated

    12/21/2015 1:25:46 PM PST · by Flick Lives · 40 replies
    The Washington Post ^ | Dec 17, 2015 | Jeff Guo
    Psychologists have long said that men tend to be better than women at spatial tasks, like mentally picturing and manipulating shapes. Hundreds of studies spanning several decades have shown that on average, men score higher on tests asking them to rotate objects in their heads. This is one of the few persistent and significant differences scientists have discovered between the brains of men and women. The pattern also aligns, perhaps suspiciously, with stereotypes about men being better at reading maps or parking -- or putting together flat-pack furniture. That last cliche might actually be true. Researchers at the University of...
  • Is shopping on Christmas Day the next retail push?

    12/14/2015 9:44:36 AM PST · by PROCON · 20 replies
    cbsnews.com ^ | Dec. 14, 2015 | Aimee Picchi/
    It was once anathema to think of shopping on Thanksgiving Day, but now that's become almost commonplace with the likes of Walmart (WMT) and Macy's (M) opening their doors on the holiday. What's next? Christmas Day? Actually, yes, according to consulting company LoyaltyOne. "It's inevitable," said LoyaltyOne managing partner Dennis Armbruster, who predicts that retailers will start opening on Christmas Day within three years. "What Christmas means to some is just changing, and a lot of families don't necessarily celebrate on Christmas Day because of extended family dynamics. Consumers are also highly used to getting what they want, when they...
  • Black Friday sales fall 10% from last year

    11/30/2015 1:32:04 PM PST · by Lorianne · 30 replies
    Guardian UK ^ | 28 November 2015
    Total sales in the US on Black Friday fell 10% to $10.4bn this year, down from $11.6bn in 2014, according to research firm ShopperTrak. The decline in sales on the traditional busiest shopping day of the year has been blamed on shops opening the day before. But this year, sales on Thanksgiving also dropped, and by the same percentage, to $1.8bn. A big reason for the decline is increased online shopping, as Americans hunt down deals on their smartphones, tablets and computers. Many retailers are also offering bargains long before Thanksgiving, limiting the impact of Black Friday specials.
  • Target website down on Cyber Monday traffic

    11/30/2015 10:20:45 AM PST · by Citizen Zed · 2 replies
    Reuters ^ | 11-30-2015
    Discount retailer Target Corp's website was down due to heavy traffic on Cyber Monday. Shoppers looking for bargains on www.target.com/ were greeted with an error message: "So sorry, but high traffic's causing delays. If you wouldn't mind holding, we'll refresh automatically & get things going ASAP." "Both traffic and order volumes are exceeding Target's Thursday Black Friday event ... To help manage the volume, we have been metering traffic to the site," Target spokeswoman Jamie Bastian said. The company, the fourth largest U.S. retailer, said it was working to restore Target.com to full functionality. Website performance monitor Catchpoint Systems said...
  • Black Friday Winners And Losers: How Amazon, Walmart, Apple And More Fared

    11/30/2015 10:26:18 AM PST · by Swordmaker · 6 replies
    Forbes ^ | November 30, 2015 | by Clare O'Connor
    With the Black Friday weekend now behind us, analysts and market researchers are crunching numbers to determine how many billions Americans spent on the annual sales bonanza. (It's an inexact science, as The Atlantic noted.) Consumer insights firm ShopperTrak, for one, is estimating that shoppers spent over $1 billion less in brick-and-mortar stores on Black Friday this year than in 2014, thanks to the growth of e-commerce and to retailers "successfully elongating the holiday." What is becoming clear is that some retailers and brands fared far better than others on the biggest shopping day of the year, based on both...
  • Macy’s Announces Major Sales Drops Now Cutting Full-Year Forecast… Posted

    11/12/2015 2:10:52 PM PST · by detective · 84 replies
    Breitbart ^ | November 11, 2015 | Sundance
    Macy's is blaming "warm weather" and "low spending from tourists" for a massive drop in sales and excessive on hand inventory, which has now caused them to cut their full year sales forecast.
  • Target to close 13 stores nationwide amid plummeting profits

    11/04/2015 5:21:37 PM PST · by gwgn02 · 34 replies
    DailyMail ^ | 11/4/2015 | AP
    Target plans to close 13 stores nationwide, most in the Midwest where the store has its roots. The Minneapolis, Minnesota-based retailer says a decision to close a store usually follows several years of decreasing profitability. The retail giant plans to close the stores on January 30, 2016. The 13 are among Target's nearly 1,800 stores in the U.S.
  • Christmas 'buycott' to back Christian friendly businesses

    11/03/2015 5:59:10 PM PST · by BlackFemaleArmyCaptain · 7 replies
    The Washington Examiner ^ | 11/3/2015 | Paul Bedard
    With 70 percent of "faith consumers" eager to shop at Christian friendly stores, a new pre-Christmas campaign has opened to steer them to the right businesses and encourage others firms through a "buycott" to be more welcoming. Called #AddUsIn, the effort from the influential group Faith Driven Consumer, is taking a page from the nation's LGBT lobby, the Human Rights Campaign, to reward, not boycott, firms that welcome Christians through their policies. Organizers told Secrets that it wants companies that herald their "rainbow of diversity," typically focused on minorities, to also include Christians and their values. For example, if a...
  • REI to remain closed on Black Friday, will pay employees

    10/26/2015 7:59:49 PM PDT · by Perdogg · 34 replies
    "For 76 years we've been dedicated to getting people outside," a statement on the company's website said. "On Nov. 27 the co-op is closing all 143 stores so our employees can do just that." The move comes as several retailers, including GameStop and Staples, announced they will remain closed on Thanksgiving, to allow employees time to be with their families.
  • Oregon Pot Stores Sell More Than $11 Million in First 5 Days

    10/09/2015 4:08:33 PM PDT · by 2ndDivisionVet · 15 replies
    ABC News ^ | October 9, 2015 | The Associated Press
    Retailers sold more than $11 million of marijuana during Oregon's first week of legal recreational sales, outpacing the early business done in other states that have legalized pot, according to the Oregon Retailers of Cannabis Association. Oregon retailers had sales of $3.5 million by the end of opening day, Casey Houlihan, executive director of the association, told the Statesman Journal ( http://is.gd/6L3fPc ). By contrast, Colorado's first week of sales reached $5 million. In Washington, sales during the first month hit $2 million....
  • DEPARTMENT STORE RESULTS IMPLODING

    08/18/2015 6:40:15 PM PDT · by Lorianne · 48 replies
    Burning Platform ^ | 15 August 2015
    The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy that is supposedly in its sixth year of economic growth with a reported unemployment rate of only 5.3%. If all of these jobs have been created, why arent retail sales booming? The year to date numbers are even worse than the year over year numbers. With consumer spending accounting for 70% of our GDP and real inflation running north of...
  • Macy's cuts outlook as sales, profit slide (Trump Factor??)

    08/12/2015 11:50:56 AM PDT · by ripnbang · 42 replies
    Market Watch ^ | August 12, 2015 | Chelsey Dulaney
    Macy's Inc. on Wednesday cut its sales guidance for the year after reporting steeper-than-expected slides in sales and profit in its second quarter. Chief Executive Terry J. Lundgren said the company was disappointed with its second-quarter results, but said Macy's expects improvement in the second half of the year.
  • Victory: Target to de-gender some signs in stores

    08/09/2015 10:12:33 AM PDT · by SeekAndFind · 24 replies
    Hotair ^ | 08/08/2015 | Jazz Shaw
    Like me, I’m sure most of you are sick and tired of going into Target and other large retail outlets and being assaulted by the collection of insulting, gender biased signs which clutter the store. Why must they insist on telling me that the high heeled shoes are for women and the wing-tips are for men? And if you want your son to play with Barbie Dolls, whose business is it but your own? Must they ostracize you by marching your little boy into a section of the store which is labeled “girls” in a big sign over your...
  • Target removing gender labels from most childrens departments

    08/09/2015 4:34:01 PM PDT · by tcrlaf · 25 replies
    WGN ^ | 8-9-2015 | WGN Web Desk
    Target is removing gender labels from most of its childrens departments. The move comes after customers complained about signs that designated certain toys for girls.