New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Hoffman Estates, Ill. — Sears and Kmart will continue their tradition of opening their stores on Thanksgiving Day.
Kmart, which has done so for the past 22 years, will open its doors at 6 a.m. on turkey day, and will remain open for the next 41 hours, through 11 p.m. Black Friday evening.
Sister chain Sears will open for the third consecutive Thanksgiving, beginning at 8 p.m., and will continue to operate through 10 p.m. Black Friday night.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
For retailers, holiday advertising is like a game of reverse chicken: to see who can jump in first rather than pull away last.
We’ve written at length about promotional creep, as the starting gate for seasonal campaigns moves inexorably forward. Case in point: this past June, when the first back-to-school ads aired even before some kids received their year-end report cards.
Hoffman Estates, Ill. — Sears Holdings reported a deeper net loss and lower comp store sales for its Sears and Kmart operations in its fiscal third quarter, ended Oct. 27.
Net loss from continuing operations in the quarter was $498 million, compared with a $410 million loss in the prior year’s third quarter. Operating loss was $428 million in the third quarter, compared with the prior year’s $447 million.