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National Retail Federation Projects Halloween Spending Will Hit $9B

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billion in Halloween spending, the National Retail Federation ’s (NRF’s) annual survey projects spending for the occasion will reach $9 billion this year. Retailers are stocking up to supply children, pets and adults with their favorite decorations, candy and costumes for the season.”. billion on costumes and $2.7

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Retail Rents Falling From Manhattan To Los Angeles

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retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. These decreases are historic,” the Real Estate Board of New York wrote in a new report showing that average Manhattan retail asking rents fell in all of the island’s 17 retail corridors during autumn.

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Retail Rental Payments Make Comeback

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Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. percentage points from 79.3 percent in June to 91.4

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Survey: Half Of US Shoppers Prefer ‘Experience Gifts’ To Material Items

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Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts.

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Retailers Brace For Muted Back-to-School Spending

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The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Deloitte predicted roughly flat year-over-year U.S. back-to-school spending of $28.1

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Survey: Half Of US Shoppers Prefer ‘Experience Gifts’ To Material Items

PYMNTS

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts.

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Why The Biggest US Retailer Will Stick To Stamps

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Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

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