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Keep the smell of the holidays all season long with ScentSicles

BY Allison Cerra

ATLANTA Consumers wanting to keep their homes smelling of fresh-cut trees during the holidays can look no further than ScentSicles, scented ornaments that make artificial trees, boughs and floral arrangements smell real throughout the holiday season.

Infused with pure fragrance oils, ScentSicles evoke holiday memories with three varieties, including douglas fir, blue spruce and white pine. ScentSicles also offer those that have allergies to real trees the ability to still enjoy the scent of Christmas.

 

ScentSicles are seasonally available at Walmart, Bed Bath & Beyond, Michaels and Hallmark stores nationwide, as well as at ScentSicles.com and HomeDepot.com. Suggested retail price for a pack of six sticks is $6.99.

 

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Dollar Tree completes purchase of Dollar Giant assets

BY Michael Johnsen

CHESAPEAKE, Va. Dollar Tree on Wednesday announced that it has completed its purchase of the assets of 86 Dollar Giant stores for approximately $52 million in cash, plus the assumption of certain liabilities.

 

This marks Dollar Tree’s first expansion of retail operations outside of the United States.

 

 

Based in Vancouver, British Columbia, Dollar Giant stores offer a wide assortment of general merchandise, contemporary seasonal goods and everyday consumables, all priced at Canadian $1.25 or less.  The stores average 9,000 gross sq. ft. and operate in British Columbia, Ontario, Alberta and Saskatchewan.

 

 

"We now have an outstanding platform for significant expansion in Canada, with an experienced team of management and associates,” stated Bob Sasser, Dollar Tree president and CEO.

 

 

Dollar Tree operates 4,009 discount variety stores across 48 states. The company is one of the few operations in the dollar channel that literally sells everything for $1 or less.

 

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Deloitte consumer spending index drops in October

BY Allison Cerra

NEW YORK — Soft housing prices drove down the Deloitte consumer spending index for the month of October, Deloitte said Wednesday.

The index, which is comprised of four components — tax burden, initial unemployment claims, real wages and real home prices — fell to 4.63%, from an upwardly revised gain of 4.84% a month ago.

But Deloitte said that the drop is no reason to give up hope on the holiday season.

"Despite the index’s recent weakness, there are signs that consumers are starting to shake off their long-term austerity in time for the holiday season," said Alison Paul, vice chairman and retail sector leader at Deloitte. "Recognizing there is still fierce competition for consumers’ wallets this season, retailers should be ready to capture the consumer’s interest with renewed focus on their exclusive items, personalized service and targeted promotions."

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