ComScore: Holiday spending continued to rise
RESTON, Va. — Holiday spending continued on an upward trend as spending during the holiday season to date saw a vast increase, compared with the prior year, a new report from ComScore found.
For the first 56 days of the November-December holiday season, spending rose 15% to $35.3 billion. Similarly, spending rose 16% during the week ended Christmas Day (Dec. 25), to $2.8 billion, compared with the corresponding week last year.
"Holiday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date," ComScore chairman Gian Fulgoni said. "We can now say with certainty that the $1.25 billion spent on Cyber Monday will rank it as the heaviest online spending day of the season for the second consecutive year, but we should also note that it was accompanied by nine other billion dollar spending days this year."
‘Transformers: Dark of the Moon’ to debut at retail
HOLLYWOOD, Calif. — The latest "Transformers" film is making its debut in a four-disc set that includes Blu-ray and DVD formats.
"Transformers: Dark of the Moon" Ultimate Edition includes Blu-ray 3D, Blu-ray and DVD combo pack with UltraViolet and a digital copy, which feature four hours of behind-the-scenes footage, cast and crew interviews and more, Paramount Pictures said. The third film in the series, "Transformers: Dark of the Moon" follows Sam Witwicky (played by Shia LaBeouf) as he and the autobots fight to defend Earth from evil robots known as decepticons.
"Transformers: Dark of the Moon" will hit store shelves on Jan. 31.
Report: H-E-B expands ‘Mi Tiendo’ Latin format to Austin market
AUSTIN, Texas — H-E-B is bringing its "Mi Tiendo" Latin format to the Austin market, according to a report published last week by American-Statesman.
According to the report, H-E-B expanded one of its Austin locations by 6,000 sq. ft. of selling space to incorporate Latin-centric grocery fare, including a masa factory that grinds corn daily, a tortillas-producing machine and a butcher and deli featuring Latin cuisine.
The concept has been available in two locations in the Houston market, the report added.