Industry Headlines: May 10, 2012
- Cash in a Flash: Just as flash mobs start to lose their appeal, cash mobs flare up to support local retailers. Sounds like fun! (Stores Magazine)
- Malls finding new life since recession: Things are looking better all the time in the U.S. shopping center scene. (Connecticut Post)
- Millennials pull back on spending: Shoppers 18-34 continue to look for bargains, leaving mid-range retailers scrambling to appeal to new demographics. (Toronto Star)
- Sears to invest in rewards program, stores: Sears is down but not out. The company goes over its plans to reinvigorate business. (Bloomberg)
- April retail sales worst since 2009: U.S. retail drops a bit in April following a couple good months of growth. (Business Week)
- A Cinderella story: The “This is Retail” edition: The NRF retail video contest has reached its end, and here’s a look at the winners.
- There’s a good chance mom secretly hates her Mother’s Day gift: There are some truly awful Mother’s Day gifts out there—a good argument for gift cards. (The Globe and Mail)
- Macy’s ties stores more closely to the web: Another retailer brings online fulfillment into its shops. (Internet Retailer)
