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How (And Why) Major Retailers Are Embracing Print Catalogs Again

PYMNTS

The holiday season is the time for nostalgia and tradition, and that is the case here at PYMNTS, where even amid our coverage of the newest retail trends, we sometimes get the warm-and-fuzzies. It led us to wonder, going into the heart of the fourth quarter and then into 2020, about the status of that old standby, the retail catalog.

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Holiday Retail Sales To Hit Highest Since 2005

PYMNTS

Procrastinators and internet shoppers saved the day this holiday season, transforming what was a slow start into the best holiday season for retailers in years. Meanwhile, Mastercard found in its SpendingPulse survey that retail sales, which exclude cars and gas, increased 4 percent. percent, up from 4.1 percent, noted the report.

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Retailers Ready For Post-Election Holiday Shopping Rush

PYMNTS

According to the National Retail Federation ‘s annual consumer spending survey, shoppers may have a more conservative holiday spending budget as a result of the upcoming election. The study used data points for 50 major retailers collected on a weekly basis and have been refined since 2001.

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Retail Pulse: Williams Sonoma Opens, Closes Doors

PYMNTS

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Seeking Alpha dove into the details, noting first and foremost that revenue per share has risen steadily between 2001 ($18.23) and 2017 ($63.21), with the exception of two years during the Great Recession.

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Unattended Retail Lessons From Caviar Dreams

PYMNTS

Those who travel to some of the wealthier parts of the world, however, will discover the well-to-do have much more expensive unattended retail tastes. shoppers got their own taste of unattended luxury retail when vending machines dispensing caviar were installed in several Los Angeles-area malls. A few years ago, U.S.

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Mall Vacancy Rate Reaches 20-Year High Of 9.7 Pct.

PYMNTS

Although earlier reports of a retail apocalypse were overstated at first, the latest statistics seem to indicate “that the scales may have tipped,” said Barbara Denham, senior economist at Reis. percent with the 2001 recession and hit 9.4 Overall retail sales from Nov. Gap and Victoria’s Secret also announced closure plans.

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The Changing Face Of Retail In Times Square

PYMNTS

billion annually in retail, entertainment and hotel sales. It’s also the city’s second most valuable retail real estate, behind only Fifth Avenue from 49th to 59th street, according to the Real Estate Board of New York (REBNY). Retail real estate in Times Square rents for $2,363 a square foot. That amounts to $4.8

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