Martha Stewart to Debut Fashion, Skin Care, Garden and Gourmet Food Collections on QVC.com

Live Beautifully With QVC and Martha Stewart

Make your world a more beautiful place this fall with the help of QVC and Martha Stewart. The Emmy® Award-winning television show host, entrepreneur and best-selling author have long dedicated her career to teaching and inspiring people to live more beautiful, more functional and more meaningful lives. And now she is bringing that devotion to her signature QVC collection, spanning multiple categories including fashion, skin care, garden and food, all inspired by her impeccable taste and incomparable passion. Stewart made her QVC debut on August 13 with “Martha Stewart’s Slow Cooker” cookbook.

Martha Stewart

Live a more beautiful, functional and meaningful life with a new QVC collection from America’s most trusted lifestyle expert

We were blown away by the tremendous response to Martha’s cookbook, which sold out in its first airing,” said Doug Howe, Executive Vice President of Merchandising for QVC. “Our customers welcomed Martha back with open arms, and we can’t wait to impress them with Martha’s full product assortment. At QVC, we are constantly striving to bring our customers not only the newest and most innovative items but products that are designed to solve everyday problems and make life easier. Martha shares this philosophy and has worked with us to develop a collection that will truly inspire people to live more beautifully, in all aspects of their lives.”

QVC viewers and Martha Stewart fans can tune in to QVC® on September 7 during “Inspired Style® – Live from New York City” at 10 PM (ET) for a first look at select items from Stewart’s fashion collection, and check back on September 25 for the premiere of “Martha Stewart – Fashion” at 6 PM (ET), featuring items ranging from knit and woven tops to denim essentials, designed for easy, everyday living. On September 19 at 10 AM (ET), Stewart will unveil all the tools and tips needed to beautify any backyard or outdoor space in the first “Martha Stewart – Garden” show.

To assist with holiday meal planning and preparation, She will return to QVC on October 18 with the Today’s Special Value®, scheduled to debut at midnight (ET). Each day, QVC picks one special item it believes shoppers will love and offers it at an exceptionally low price from midnight (ET) until 11:59 PM (PT) that day. Tune in at midnight (ET) and 7 PM (ET) on October 18 for “Martha Stewart – Gourmet Food“, featuring an assortment of gourmet foods and decadent confections. “Mario Badescu Skin Care with Martha Stewart“, a collaboration with Mario Badescu, is scheduled to launch on November 10 at 9 PM (ET) and 10 PM (ET) on Beauty iQ.

Working in new product categories and with QVC—a multi-platform, multi-network shopping experience—has been very exciting,” said Stewart. “I have developed signature collections that reflect my passion for beautiful living and I look forward to expanding our product offerings.

Martha Stewart is the author of 89 books, and America’s most trusted lifestyle expert and teacher. Millions of people rely on Martha Stewart as a source of useful “how-to” information for all aspects of everyday living—cooking, entertaining, gardening, home renovating, collecting, organizing, crafting, holidays, healthy living and pets. Currently, the Martha Stewart brand reaches approximately 100 million consumers across all media and merchandising platforms each month.

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Estee Lauder Names Misty Copeland Spokesperson Global Perfume Model Modern Muse

 

Estée Lauder today announced that Misty Copeland, the premier ballet dancer at the American Ballet Theater, will be the new global spokesperson for the brand’s Modern Muse fragrance. Copeland will be at the forefront of the new digital TV campaign at the stores and in print of the Modern Muse perfume, which debuts in August 2017. [Click to see the new campaign in Estée Lauder Modern Muse Featuring Misty Copeland (Modern Muse by Estée Lauder with Misty Copeland.)]

Modern Muse Misty Copeland

Estée Lauder presents Misty Copeland, principal dancer of the American Ballet Theater, as the new global model spokesperson for the Modern Muse perfume campaign. Photo by Pamela Hanson. (PRNewsfoto / Estée Lauder)

“When Estée Lauder launched the Modern Muse perfume in 2013, we embraced the idea of women as muses, living life on their own terms, doing great things and inspiring everyone around them,” said Stephane de La Faverie, Global Brand President, Estée Lauder. “Misty has challenged the status quo to realize her dreams and has inspired many young women in her path. Misty will bring the concept of perfume to life through her unique narrative.”

The Modern Muse perfume is a lush floral woody fragrance that combines confidence, style, and creativity with a modern and youthful attitude, featuring a seductive contrast of sparkling floral and modern glittering woods. Launched in 2013, the Modern Muse perfume was inspired by the current complexity of modern women.

The shimmering jasmine note captures her creative energy and magnetic femininity. The exotic tangerine and tempting honeysuckle nectar send a spark of energy through a jovial feel of ornamental petals. Two extractions of sambac jasmine, including China Absolute, brings a luminous texture to the feminine bouquet of the rich Tuberose Fleur and fresh lily.

The glistening woody note captures his glistening style, strength, and sensuality, expressed through this innovative blend of two Patchouli essences wrapped in the creaminess of Madagascar’s vanilla, amber wood and soft musk – all compounding an undeniable sensual finish.

Misty is the perfect representation of today’s modern muse,” said Estée Lauder Style and Image director Aerin Lauder. “It also represents female strength, power, dedication, and passion, and you see it in what she does every day, whether she’s performing or inspiring the next generation of dancers. I think she’s a wonderful model of life. And I’m delighted to be able to bring her to the Estée Lauder brand.

ESTÉE LAUDER Modern Muse

ESTÉE LAUDER Modern Muse

Born in Kansas City, Missouri, and raised in San Pedro, California, Misty Copeland is the principal dancer of the American Ballet Theater (ABT) and the first African American woman to perform that role in the company’s history. Misty began her ballet studies at a somewhat advanced age of 13 years. At fifteen, she won first place at the “Music Center Spotlight Awards“. She studied at the San Francisco Ballet School and attended the American Ballet Theater Summer Intensive with a full scholarship, and was declared a National Coca-Cola Scholar by ABT in 2000. Misty joined ABT’s Studio Company In September 2000 and at the American Ballet Theater in 2001.

In 2008, she was awarded the “Leonore Annenberg Fellowship in the Arts,” a two-year scholarship awarded to young artists who display extraordinary talent. Featuring a variety of classical and contemporary roles, in the fall of 2014 she made history as the first black woman to star in the role of “Odette / Odile” in “Swan Lake” at the American Ballet Theater.

Copeland has been featured in numerous publications and television shows such as CBS Sunday Morning, 60 Minutes, The Today Show, Vogue, Essence, Glamor and People Magazine. Her passion is to reciprocate. She worked with many charitable organizations and dedicated her time to work and mentor a group of girls and boys. She was honored with an admission to the Boys & Girls Club National Hall of Fame in May 2012 and received the “Breakthrough Award” from the Council of Urban Professionals in April 2012. She was honored with the title of “National Ambassador of Youth of the Year “at the Boys & Girls Clubs of America in June 2013. She received the honorable mention “Young, Gifted & Black “at the 2013 Black Girls Rock! Awards. By 2015 she was included in Time Magazine‘s “100 Most Influential People” list and honored by Glamor Magazine as one of the “Women of the Year“. In 2014, President Barack Obama appointed Copeland to the President’s Board of Physical Fitness, Sports and Nutrition.

Misty Copeland is the author of three books: the autobiography listed among the Best Sellers by the New York TimesLife in Motion,” a book written in partnership with award-winning journalist and author Charisse Jones , “Ballerina Body,” published in March 2017; The illustrated book “Firebird,” in collaboration with award-winning illustrator and author Christopher Myers . She received an honorary doctorate from the University of Hartford in November 2014 for her contributions to classical ballet and for helping to diversify the art form.

I’m honored to be Estée Lauder’s Modern Muse perfume,” said Copeland. “My two passions are dancing and giving back and I love passing on my knowledge to the next generation. I also have a strong connection to the fragrances I use when I introduce myself.” The Modern Muse campaign is the perfect way to see the other side of my history”.

The Modern Muse campaign was produced by Estée Lauder’s in-house creative team in collaboration with Spring Studios and director and photographer Pamela Hanson . The campaign includes an extensive narrative on the theme “What inspires you?” (” What inspires you ?”), To customize the concept of Modern Muse to Copeland and engage women in conversations across digital and social platforms with the use of the #BeAnInspiration hashtag and acts in the campaign teaching and inspiring young dancers and talking about the importance of connecting with the next generation.

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Tiffany & Co. Announces Chief Executive Officer Transition As Frederic Cumenal Steps Down as CEO

Chairman Michael Kowalski Will Serve as Interim CEO; Board Will Work with Executive Search Firm to Recruit Successor

Company Reaffirms FY 2016 Earnings Guidance

Tiffany & Co. today announced that Frederic Cumenal has stepped down as Chief Executive Officer, effective immediately. The Board of Directors has commenced a search to recruit a successor in which it will be assisted by a leading executive search firm. During this process, Michael J. Kowalski, Chairman of the Board of Directors and previous CEO of Tiffany, will serve as Interim CEO while continuing as Chairmantiffany-co-logo-hd

Tiffany is the internationally renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations.

On behalf of the entire Board of Directors, I would like to thank Frederic Cumenal for his contributions to Tiffany,” said Mr. Kowalski. “At a time of continuing challenges in the global luxury market, Frederic has enhanced the management team and taken important steps to position Tiffany for success in the long term. We wish him the best in his future endeavors.”

Mr. Kowalski continued, “The Board is committed to our current core business strategies, but has been disappointed by recent financial results. The Board believes that accelerating execution of those strategies is necessary to compete more effectively in today’s global luxury market and improve performance. As such, we remain focused on enhancing the customer experience, increasing the rate of new product introductions and innovation, maximizing marketing effectiveness, optimizing the store network, and improving our business operations and processes, all while efficiently managing our capital and costs. We believe these initiatives and the pace of their execution are key to driving shareholder value. Tiffany is an iconic brand with a family of talented and committed employees to match, and I look forward to supporting both during the transition.”

Mr. Cumenal said, “I am proud of what we have accomplished at Tiffany and would like to thank the management team and our many talented employees around the world with whom I have had the pleasure to work. I have great confidence in Tiffany’s brand, strategic direction, and people, and I believe the Company will have many exciting opportunities in the future.”

Reaffirms Annual Guidance

The Company also affirmed, based on its plans and assumptions detailed in the January 17, 2017 holiday period sales news release, its fiscal year 2016 guidance described in that press release. The Company expects to report its fourth quarter and full 2016 fiscal year results, and also to provide its expectations for the 2017 fiscal year, on March 17 before the market opens.

For additional information, please visit www.tiffany.com or call the shareholder information line at 800-TIF-0110.

The Business of Fashion: LVMH Moët Hennessy Louis Vuitton Announces Record 2016 Results

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €37.6 billion in 2016, an increase of 5% over the previous year. Organic revenue growth was 6%.lvmh-moet-hennessy-louis-vuitton

In the fourth quarter, revenue increased by 9% compared to the same period of 2015. Organic growth was 8%. The American market remains on a good track as does Europe. Asia, excluding Japan, continued its good momentum.

Profit from recurring operations reached €7 billion in 2016, an increase of 6%, to which all business groups, apart from selective distribution, contributed. This result compares to 2015 which was itself a year of growth. Operating margin reached 18.7%. Group share of net profit was €3 981 million, representing growth of 11%.

Bernard Arnault, Chairman and CEO of LVMH, said: “LVMH achieved an excellent performance in 2016 within a context of geopolitical and economic instability. Continued innovation, entrepreneurial spirit and the quest for excellence: all Maisons continue to assert these core values while maintaining rigorous execution of their strategies on the ground. In an environment which remains uncertain, we can count on the appeal of our brands and the agility of our teams to strengthen, once again in 2017, our leadership in the universe of high quality products.

Key highlights from 2016 include:

  • Record revenue and profit from recurring operations
  • Growth in the United States, Europe and Asia
  • Good performance of Wines & Spirits in all regions
  • The success of both iconic and new products at Louis Vuitton, where profitability remains at an exceptional level
  • Progress at Fendi
  • The sale of Donna Karan and the acquisition of Rimowa, a leader in luggage of excellence
  • Good momentum at Parfums Christian Dior driven by successful product innovations
  • Market share gains at Bvlgari and TAG Heuer
  • Growth at Sephora which strengthened its position in all its markets and in digital
  • Free cash flow of €3 974 million, an increase of 8%
  • Gearing of 12% at end of December 2016

WINES & SPIRITS: GOOD YEAR WITH PROGRESS IN THE UNITED STATES AND REBOUND IN SHIPMENTS TO CHINA

The Wines & Spirits Business Group recorded an increase in organic revenue of 7 %. On a reported basis, revenue growth was 5 %. Profit from recurring operations increased by 10 %. With volumes up 3%, solid growth continues for champagne and prestige cuvees performed particularly well. Hennessy cognac enjoyed an excellent year with 10% volume growth. The American market is growing well and China saw better momentum after a tough 2015 due to destocking by distributors. Other spirits, Glenmorangie and Belvedere, continued their growth.

LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton, Bodega Numanthia and Ao Yun.

FASHION & LEATHER GOODS: GOOD PERFORMANCE OF LOUIS VUITTON, OTHER BRANDS STRENGTHENED THEIR POSITIONS

The Fashion & Leather Goods Business Group recorded organic revenue growth of 4% in 2016. On a reported basis, revenue growth was 3 %. Profit from recurring operations increased by 10%. Louis Vuitton had a good year driven by the level of creativity across all its businesses. The continued success of its iconic product range and the strong demand for recent creations such as the new luggage designed by Marc Newson and the Louis Vuitton fragrances, all contributed to this growth. Fendi recorded robust growth crossing the symbolic revenue threshold of 1 billion euros during the year. Loro Piana continued to expand its distribution network and opened a flagship store in Paris. Céline, Loewe and Kenzo all continued to grow. Marc Jacobs continued to work on changes to its collection. Donna Karan was sold in December to the American G-III group. Rimowa, world leader in luggage of excellence, joined the LVMH group.

Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Marc Jacobs, Berluti, Nicholas Kirkwood, Loro Piana and Rimowa.

PERFUMES & COSMETICS: CONTINUED SUCCESS OF INNOVATIONS; EXCELLENT PERFORMANCE IN MAKEUP

The Perfumes & Cosmetics Business Group recorded organic revenue growth of 8%. On a reported basis, revenue growth was 6%. Profit from recurring operations increased by 5%. The inauguration of the new atelier for the creation of fragrances, Les Fontaines Parfumées, at Grasse was a highlight of the year. Parfums Christian Dior grew market share in all regions, driven by the worldwide success of Sauvage and the vitality of its iconic perfumes J’adore and Miss Dior. The progress of makeup also contributed to the Maison’s excellent performance. Guerlain benefitted from the successful launch of its new makeup collection inspired by its fragrance La Petite Robe Noire. Benefit experienced strong growth driven by the success of its new collection for eyebrows. Make Up For Ever, Fresh and Kat Von D performed well.

LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Kenzo Parfums, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh).

WATCHES & JEWELRY: MARKET SHARE GAINS FOR BVLGARI AND TAG HEUER

The Watches & Jewelry Business Group recorded organic revenue growth of 5%. On a reported basis, revenue growth was 5%. Profit from recurring operations increased by 6%. Bvlgari continued to gain market share with enhancements to its Serpenti, Diva and B.zero1 lines. Growth continued in China, Korea and in the Middle East. TAG Heuer grew despite a difficult market for watches, gained market share and benefitted from the success of its new collections and its connected watch. Hublot accelerated its development in Asia and recorded the best year in its history. Chaumet continued to move its product lines upmarket and inaugurated a new boutique concept in Hong Kong.

LVMH‘s Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Diamond Jewellers Ltd, a joint venture created with the world’s leading diamond group.

SELECTIVE RETAILING: GOOD PERFORMANCE AT SEPHORA, DFS IMPACTED BY A DIFFICULT TOURISM CONTEXT IN ASIA

The Selective Retailing Business Group recorded organic revenue growth of 8%. On a reported basis, revenue growth was 7%. Profit from recurring operations declined by 2%. Sephora gained market share across all regions and once again recorded double-digit growth in both revenue and profits. More than a hundred stores were opened in 2016 including notably a flagship store in the World Trade Center in New York and major renovations in Boston and Singapore. Its online offer accelerated with the launch in six new countries. DFS continued to face a difficult environment, notably in Hong Kong. The expansion into new destinations continued. The opening of the T Galleria in Angkor in Cambodia and one in Venice, Italy were the highlights of the year.

LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, La Samaritaine, Royal Van Lent and Cheval Blanc hotels.

Key figures:

             
Euro millions    

2015

 

2016

 

% change

Revenue    

35 664

 

37 600

 

+ 5 %

Profit from recurring operations    

6 605

 

7 026

 

+ 6 %

Group share of net profit    

3 573

 

3 981

 

+ 11 %

Free cash flow*    

3 679

 

3 974

 

+ 8 %

Net financial debt    

4 235

 

3 265

 

– 23 %

Total equity    

25 799

 

27 903

 

+ 8 %

* Before available for sale financial assets and investments, transactions relating to equity and financing activities Continue reading

This Just In: Guerlain Presents Angelina Jolie As The New Face of Guerlain Parfumeur

Guerlain Parfumeur, the French beauty brand since 1828, is honored to announce that Angelina Jolie is the icon of its new fragrance for women, available March 2017. The partnership between Jolie and Guerlain was agreed in Cambodia in December 2015, where she was directing her film First They Killed My Father. It has its roots, however, in Angelina’s childhood memory of her own mother’s love of a Guerlain powder.

guerlain-presents-angelina-jolie-the-new-icon-of-guerlain-parfumeur-prnewsfoto-guerlain-parfumeur

Guerlain Presents Angelina Jolie: The New Icon of Guerlain Parfumeur (PRNewsFoto/Guerlain Parfumeur)

Thierry Wasser, Guerlain’s Master Perfumer, drew his inspiration from Angelina Jolie to create a fragrance expressing the idea of the “notes of a woman“: the choices, emotions, and dreams that embody modern femininity.

We create perfumes for the women we admire,” said Jacques Guerlain, creator of mythical fragrances such as Shalimar, L’Heure Bleue and Mitsouko.

Jolie is a filmmaker, actress, Special Envoy of the UN Refugee Agency and co-founder of the Preventing Sexual Violence Initiative. She has donated her entire salary from the Guerlain campaign to charity.

2016 Holiday Gift Guide: The Art of Shaving Launches New Fragrance Collection

The Collection of Five New Fragrances Pays Homage to Barbering Traditions and Essential Oils

The Art of Shaving has released a new fragrance collection to celebrate the brand’s 20th Anniversary. Barbering experts partnered with world class perfumers to craft a range of distinct scents that are at once modern, yet nostalgic. Inspired by the grand heritage of Barbering and the final touch of every time-honored barber chair shave – the finishing spritz of a scented tonic, the collection brings home the perfect finish to the perfect shave and any grooming ritual.new_taos_monogram_black_highres

As all of the brand’s products have been for the past 20 year, these five fragrances were created using the finest natural essential oils, sourced and meticulously blended using the highest quality techniques. Each scent was carefully assembled to harmoniously link every note for a full and expressive accord.

Essential oil aromas are a critical part of elevating the grooming experience from an act to a cherished ritual. Our new cologne collection is the ultimate expression of these aromas and the perfect finishing touch for The Art of Shaving man”, says Todd Brisky, The Art of Shaving CEO. “Each fragrance in the collection has been designed with craft and care to have a distinct personality. I don’t expect you to ‘like’ all five, but I’m sure there will be one or two you ‘love’ and that is how you should feel about your fragrance.”

The Collection Consists Of Five Fragrances:

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The Art of Shaving Launches New Fragrance Collection (Photo: Business Wire)

  • SANDALWOOD & CYPRESS – A classic and sophisticated aroma with a nostalgic undertone. This handcrafted fragrance combines masculine, woody Sandalwood with aromatic, bright Cypress to develop a signature fragrance wearable from day to night.
  • OUD SUEDE – A traditional, intense fragrance derived from rare Middle Eastern Oud wood. The rich, dark aromatic resin is distilled over time to develop its unique, fragrant quality unmatched in nature. Balanced with earthy Cypriol, the combination of these two natural elements creates a deep woody, amber sensuality with skin-like warmth.
  • VETIVER CITRON – A luminous citrus with bittersweet undertones. Earthy Vetiver is lifted by the fresh simplicity of cold pressed Grapefruit. Finished with a subtly, spicy heart note, this refined fragrance complements any grooming routine.
  • GREEN LAVENDER – An herbaceous floral for the modern gentleman, carefully crafted to effortlessly blend aromatic, tranquil lavender with the fresh, green notes of rosemary and peppermint.
  • CORIANDER & CARDAMOM – A nod to Middle Eastern aromatic barber traditions. A fresh twist on a traditionally warm and spicy scent. Inspired by fresh tonics from ancient spices, Coriander and Cardamom are subtly balanced with basil, lavender, sage and blackcurrant. The result – a crisp green with spicy wood and pepper facets.

Each 100ml fragrance is sold individually for $100 ($125 for “Oud Suede”). Each 30ml fragrance is sold individually for $60 ($75 for “Oud Suede”) and available at The Art of Shaving stores and on www.theartofshaving.com.

2016 Black Friday Report: Walmart Delivers Deals, Availability and Simplicity on Black Friday

Walmart issued the following statement on how the company delivered on its Black Friday plans for customers. The retailer also unveiled top products purchased on Black Friday and how customers shopped that day in stores and online.wmt_h_r_4c_highres

This Black Friday, we promised customers great deals, more availability of those items, an integrated offering with Walmart.com and the simple shopping experience our customers have come to expect from Walmart. I am proud to say that we’ve delivered on all fronts,” said Steve Bratspies, Chief Merchandising Officer, Walmart U.S.Our customers were particularly excited about the new technologies we offered this year. In addition to picking up Black Friday favorites like televisions and toys, they flocked to our stores for drones, virtual reality products and hoverboards.

Walmart Thanksgiving Shopping Events

Happy Walmart customer reacts to receiving a Hatchimal, one of the season’s hottest toys. (Photo: Business Wire)

Thanksgiving and Black Friday Fun Facts and Stats:

  • The week kicked off with customers visiting stores in the days leading up to Thanksgiving to grocery shop. This Thanksgiving, Walmart sold 150 million pounds of turkey and ham. Throughout the month of November, the retailer also sold more than six pies per second with the most popular pies being pumpkin and the Patti LaBelle Sweet Potato Pie.
  • Black Friday is about offering great deals in stores and online. At midnight ET on Thanksgiving Day, customers started shopping on Walmart.com and the Walmart app. Thanksgiving Day was once again one of the top online shopping days of the year.
  • Then, at 6 p.m. the retailer kicked off the company’s Black Friday event in stores across the country. Millions of customers went home with the items they wanted. Top sellers included televisions, cookware, video games and systems, drones, toys and pajamas for the whole family.
  • More than 70 percent of traffic to Walmart.com during the retailer’s Black Friday event was driven by mobile.
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    (Image courtesy of Walmart)

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    (Image courtesy of Walmart)

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    (Image courtesy of Walmart)

It is not over. Walmart’s Cyber Week began at 12:01 a.m. ET on Friday, Nov. 25, and will continue with thousands of online specials every day throughout the week.

We will continue to focus on offering great prices on great products across the whole store and on Walmart.com for the rest of the holiday season,” Bratspies added.