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DEBORAH WEINSWIG EXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGY FUNG BUSINESS INTELLIGENCE CENTRE [email protected] NEW YORK: 646.839.7017 | CHINA: 86.186.1420.3016 WEEK OF FEBRUARY 7, 2016 Valentine’s Day Valentine’s Day is February 14 and JCPenney is promoting its jewelry sale this week, just as it did this week last year. This week’s Kmart Valentine’s Day sale focuses on beauty products, special edition candies and sleepwear. Target’s Valentine’s Day promo is significantly different from its promo during the same week last year. What’s inside: Weekly Retail UPDATE PROMO
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UPDATE 2016 y · 2016. 9. 6. · edition chocolates, wine, flowers and discounted women’s fragrances. SO MUCH TO LOVE • Valentine’s Day is February 14 and JCPenney is promoting

Aug 29, 2020

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Page 1: UPDATE 2016 y · 2016. 9. 6. · edition chocolates, wine, flowers and discounted women’s fragrances. SO MUCH TO LOVE • Valentine’s Day is February 14 and JCPenney is promoting

DEBORAH WEINSWIGEXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGYFUNG BUSINESS INTELLIGENCE [email protected] NEW YORK: 646.839.7017 | CHINA: 86.186.1420.3016

W E E K O F

F E B R U A R Y 7 ,

2 0 1 6

Valentine’s Day

• Valentine’sDayisFebruary14an

d

JCPenneyispromotingitsjewelry

salethisweek,justasitdidthis

weeklastyear.

• Thisweek’sKmartValentine’sDa

y

salefocusesonbeautyproducts,

specialeditioncandiesand

sleepwear.

• Target’sValentine’sDaypromois

significantlydifferentfromitspromo

duringthesameweeklastyear.

What’s inside:

Weekly Retail

U P D A T E P R O M O

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Page 2: UPDATE 2016 y · 2016. 9. 6. · edition chocolates, wine, flowers and discounted women’s fragrances. SO MUCH TO LOVE • Valentine’s Day is February 14 and JCPenney is promoting

FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF FEBRUARY 7, 2016Copyright © 2016 The Fung Group, All rights reserved

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RETAILER 2016 2015

• Target’s Valentine’s Day promo is significantly different from its promo during the same week last year.

• This year, the retailer is offering tech gifts such as the iPhone 6s and Apple Watch, while last year’s gift promotions were more traditional and included special edition chocolates, wine, flowers and discounted women’s fragrances.

SO MUCH TO LOVE

• Valentine’s Day is February 14 and JCPenney is promoting its jewelry sale this week, just as it did this week last year. This year, the retailer is offering 40%–60% off fine jewelry versus 45%–65% off last year.

• This year, the retailer is also offering an extra 25% off select apparel, shoes, accessories, fine jewelry and home when customers use their JCPenney card or an extra 20% off with any form of payment.

VALENTINE’S DAY

• This week’s Kmart Valentine’s Day sale focuses on beauty products, special edition candies and sleepwear. Last week, the retailer also featured fine jewelry, which was discounted up to 75%.

• This week’s discounts are fairly similar to last year’s: 50% off plush, 40% off women’s sleepwear and $3.99 branded chocolate hearts.

SPREADING THE LOVE

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US PROMO YOY HIGHLIGHTS WEEK OF FEBRUARY 7, 2016

Page 3: UPDATE 2016 y · 2016. 9. 6. · edition chocolates, wine, flowers and discounted women’s fragrances. SO MUCH TO LOVE • Valentine’s Day is February 14 and JCPenney is promoting

WEEKLY YOY PROMO COMPARISON WEEK OF FEBRUARY 7, 2016

FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF FEBRUARY 7, 2016Copyright © 2016 The Fung Group, All rights reserved

2016 2015

RETAILER PROMOTION PROMOTION

• Year of the Monkey: Take 8%, 18% or 28% off select items with code

• Valentine’s Day: Gifts we heart for the home—all under $100

• Valentine’s Gifts for Him: Ties under $100

• bQuick!: Save 50%–80% on a large selection of home items, featuring Cuisinart, Delsey and Hudson Park

• Today Only! Extra 20% Off Shoes: Take an extra 20% off select and already reduced women’s shoes

• bQuick! Online Secret Sale: 50%–70% off women’s coats

• VIP Event: Extra 25% off with your JCPenney credit card or extra 20% off with any other form of payment

• Home in a Flash: Extra 30% off $100 or more

• Love It and Need It: 40%–60% off fine jewelry, plus an extra 20% off with your JCPenney credit card

• Extra 20% off with JCPenney credit card or extra 15% off with any form of payment

• Valentine’s Day: Spend $75 or more and save 20%; spend under $75 and save 15%

• Two-Day Sale: 60% off diamond jewelry; 40%–50% off sleepwear

• Halftime Special: Spend $50 or more and save $15 with code

• Valentine’s Day Gift Sale: Up to 40% off men’s and misses’ apparel; 40%–50% off select accessories, wall decor and frames

• $10 Kohl’s Cash for Every $50 Spent; take 20% off when you spend $100 or more

• Go Red: Extra 25% off select regular, sale and clearance-priced items, and an extra 15% or 10% off home and select departments

• Jewelry Sale: 40%–60% off, plus an extra 15% off select styles

• Valentine’s Day Gift Guide

• Follow Your Heart: Fine jewelry collection featured on the front page

• Deals on Macy’s Star brand apparel items

• Gift Something special: Online only; 10% off your purchase

• Valentine’s Day Gift Guide

• Final Sale: Up to 75% off women’s and men’s designer selections

• Two Days Only: Get a gift card of up to $700 when you shop shoes and handbags

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FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF FEBRUARY 7, 2016Copyright © 2016 The Fung Group, All rights reserved

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Deborah Weinswig, CPAExecutive Director—Head of Global Retail & TechnologyFung Business Intelligence CentreNew York: 917.655.6790Hong Kong: 852 6119 1779China: 86 186 1420 [email protected]

Filippo [email protected] Driscoll, [email protected] Harmon, [email protected] [email protected] [email protected] [email protected] [email protected] Wang [email protected] [email protected]

HONG KONG:10th Floor, LiFung Tower888 Cheung Sha Wan Road, KowloonHong KongTel: 852 2300 2470

NEW YORK:1359 Broadway, 9th FloorNew York, NY 10018Tel: 646 839 7017

LONDON:242–246 Marylebone RoadLondon, NW1 6JQUnited KingdomTel: 44 (0)20 7616 8988

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