Target Conservative in Holiday Season Expectations

by | Sep 24, 2010 | Towing

Target Corp. (TGT) is conservative in its expectations of holiday spending this year.

Target’s CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported.

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Consumer spending has strengthened several times, only to fall back again later, Steinhafel said.

“It’s like a game of whack-a-mole,” Steinhafel said.

Still, Target…

Continue reading Target Conservative in Holiday Season Expectations

Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00.

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Sears Plans to Open Dozens of Toy Shops in Time for Holidays

by | Sep 24, 2010 | Towing

Sears

Sears (SLHD) will open toy shops in 85 stores in key markets in a bid to attract shoppers in time for the holiday season.

“We have a very aggressive plan for growing our toy business,” Julia Fitzgerald, chief marketing officer for Sears’ toy business told Reuters.

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The company will allocate as much as 1,800 square feet of floor space each of 85 stores to toys. The decision was…

Continue reading Sears Plans to Open Dozens of Toy Shops in Time for Holidays

Sears Plans to Open Dozens of Toy Shops in Time for Holidays originally appeared on DailyFinance on Fri, 24 Sep 2010 08:09:00.

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