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Online holiday shopping sales up 15.2%: Chase Holiday Pulse

BY Jason Owen

NEW YORK — Consumers continued to shop online in ever-increasing numbers this holiday season, according to Chase Holiday Pulse, an aggregator of payment processing data from 50 of Chase Paymentech’s largest U.S. e-commerce merchants. Pulse results showed YTD year-over-year sales growth of 15.2%.

For the overall holiday season, Oct. 29 through Dec. 25, the Pulse analysis also revealed transaction growth was up 24.3% YoY, while the average ticket price number continued to decline by 7.3% YoY.

Along with these results, the Chase Holiday Pulse data revealed several more trends from the holiday shopping season.

For the period from Black Friday (i.e., Nov. 23) through Nov. 30, YoY sales increased by 22.5%, and transactions increased by 32.7%. The busiest shopping week was Dec. 10 (i.e., Green Monday) through Dec. 16. Mobile device use continued to climb as well. Trends continue to show consumers using mobile devices to research products they viewed in stores and then purchase the items online later. Part of the boost for Black Friday and Cyber Monday sales is also attributed to the increase of holiday promotions from retailers, with heavy activity of emails, online coupons and discounts.

Overall, the data and trends point toward a very strong and successful year for online merchants in 2012.

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Christmas tornado narrowly misses Alabama Walgreens location

BY Michael Johnsen

MOBILE, Ala. — A video depicting a tornado blowing through the parking lot of a Walgreens was posted to YouTube on Wednesday. The footage captures both shoppers and store employees reacting to the tornado with footage from both outside and inside the store. 

"The store suffered some storm-related damage, primarily a few windows, but was able to reopen at 8 a.m. the next day," Walgreens spokeswoman Vivika Panagiotakakos shared with DSN. The tornado passed through the parking lot, she added. "Store management took customers who were in the store at that time and employees to the safest location inside the store. Thankfully and most importantly, there were no injuries."

 

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CVS Caremark announces final results of tender offers

BY Antoinette Alexander

WOONSOCKET, R.I. — CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

The offers expired on Dec. 21, 2012. An aggregate principal amount of about $1.74 billion of notes was tendered.
 
As previously announced by CVS Caremark, the company will accept for purchase maximum tender offer notes such that the aggregate principal amount of the maximum tender offer notes tendered and accepted for purchase is up to $1.325 billion less the aggregate principal amount of the any and all notes tendered and accepted for purchase.

 
 

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