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Why stores start selling Christmas stuff in September | CNN Business

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Why stores start selling Christmas stuff in September | CNN Business


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CNN Enterprise
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You might not be anyplace near prepared for the vacations — however retail chains definitely are.

Christmas bushes are already on gross sales flooring at Costco and Lowe’s, Walmart’s year-end vacation gross sales begin October 1 and Goal

(TGT) is providing its “earliest entry ever” to vacation offers starting October 6. Amazon

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(AMZN) is internet hosting a brand new “Prime Day” gross sales occasion on October 11 and 12.

Vacation creep is nothing new, as annually retailers begin the Christmas season earlier and earlier. However has it gotten out of hand? Ought to shoppers be flooded with vacation music, shows and commercials in October — a month generally related to the World Sequence, apple selecting and Halloween?

“It’s inappropriate to the buyer to be pushing December vacation buying in September and October,” stated David Katz, the chief advertising and marketing officer at Randa Attire & Equipment, which makes Levi’s, Tommy Hilfiger and different manufacturers.

Retailers have many causes to jumpstart the vacations, their most necessary stretch of the yr. Some shops make as much as half of their yearly gross sales through the vacation interval. A weak vacation season can show ruinous.

Consumers reply to emotional and behavioral cues from shops, and beginning vacation themes early can tee shoppers as much as begin shopping for items.

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“Christmas music and aesthetics and surroundings impacts their buy habits. It’d give shoppers a possibility to indulge a bit of bit extra and spend,” stated Charles Lindsey, an affiliate professor of promoting on the College at Buffalo.

And this yr, there are new incentives for vacation creep.

Increased costs are factoring into buying selections this yr, and these early promotional offers permit customers to stretch their budgets over an extended time period, stated Danielle Inman, a spokesperson for the Nationwide Retail Federation. Working example: greater than half of shoppers begin researching and planning for vacation purchasing in October, in keeping with Walmart.

Final yr, retailers inspired clients to purchase early to make sure they might get what they have been in search of and keep away from potential transport delays. This yr, retailers critically misjudged what’s in demand and are sitting on an excessive amount of informal clothes, dwelling items and different non-essentials. They’re providing reductions early partially to clear cabinets and unencumber money to herald new items for 2023.

However there are dangers to dragging out vacation offers for too lengthy. Shops use promotions to persuade customers to purchase immediately or threat dropping out. An October promotion loses its energy if customers imagine they will nonetheless discover the identical stuff on sale in December or January.

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“If I’m going to have a four-month vacation season, I’m not as pushed to purchase now,” Katz stated. “You lose the sense of urgency and immediacy.”

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Condolences pour in from allies and neighbours as Iran mourns Ebrahim Raisi

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Condolences pour in from allies and neighbours as Iran mourns Ebrahim Raisi

Iran’s allies and neighbours have sent condolences to Tehran following the death of President Ebrahim Raisi, with the leaders of China, Russia, Venezuela and Turkey among the first to respond.

Reaction in western capitals was more muted, underscoring the Islamic republic’s divisive position in global politics, but France and the EU offered their condolences.

Iranian authorities had confirmed on Monday that Raisi and Iran’s foreign minister Hossein Amirabdollahian were killed in a helicopter crash on the previous day in a remote region in Iran’s Arasbaran Forest, near the border with Azerbaijan.

Russian President Vladimir Putin was swift to express his country’s sorrow. He praised Raisi’s “invaluable personal contribution to growing friendly relations between our countries”, adding that his Iranian counterpart had been crucial in forging a “strategic partnership” between Moscow and Tehran.

The two countries have backed the regime of President Bashar al-Assad in Syria’s more than decade-long civil war. They also have deepening military ties, with Iran providing Russia with drones and munitions for its war in Ukraine.

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Assad on Monday mourned the “painful incident and the great loss that resulted from it”.

China’s President Xi Jinping had sent a message expressing “deep sorrow on behalf of the Chinese government and people”, Beijing’s foreign ministry said. Raisi had made “significant contributions to maintaining Iran’s security and stability” and his death “deprived the Chinese people of a good friend”, Xi said.

“China will continue to support the Iranian government and people in maintaining independence, stability and development,” the statement added.

Along with Russia and China, Iran is an important ally for Venezuela as Caracas struggles to rebuild the country’s oil industry amid US sanctions. President Nicolás Maduro said he and his wife Cilia were “overwhelmed by great sadness at having to bid farewell to an exemplary person, an extraordinary world leader”.

Condolences also flooded in from across the so-called axis of resistance, a network of Iran-backed regional proxies that includes Hizbollah, Hamas, Yemen’s Houthis and the Shia militias in Iraq. 

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Hizbollah said Raisi “was to us a big brother, a strong supporter, a staunch defender of our causes . . . and a protector of the resistance movements”. It also mourned the death of Amirabdollahian, calling him a “dear brother”.

Hamas conveyed its “deepest condolences and solidarity” and mourned “the immense loss”, praising the deceased Iranian officials for their steadfast support of the Palestinian cause and resistance against Israel.

Arab states, which have a history of fraught ties with Iran, also expressed sympathy. Saudi Crown Prince Mohammed bin Salman and Sheikh Mohammed bin Zayed, president of the United Arab Emirates, were among regional powers that offered their condolences.

Saudi Arabia and the UAE have sought to de-escalate tensions with Iran in recent years.

The strong signals of support from Iran’s allies and neighbours contrasted with the subdued reaction from western capitals. Iran has endured hostile relations with the US and other western nations since the 1979 Islamic revolution. Tensions with the west have heightened over Tehran’s military support for Putin since Russia’s invasion of Ukraine and since the war between Israel and Hamas erupted after the Palestinian militant group’s October 7 attack last year.

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Iran considers Israel and the US to be its leading foes, and last month launched its first-ever direct attack on the Jewish state in response to an Israeli strike on an Iranian consulate in Damascus. Iran is also the target of swingeing and long-standing economic sanctions by the US and EU, among others related to its nuclear programme.

Western capitals and Israel will be considering the consequences for Iran’s future leadership, as Raisi was widely considered a possible successor to the country’s 85-year-old supreme leader, Ayatollah Ali Khamenei.

Israeli Prime Minister Benjamin Netanyahu’s government did not immediately give a public response to news of Raisi’s death, but opposition leader Yair Lapid said: “Iran will enter a period of instability — the strategic relations between [the US and Israel] are more important than ever.”

The White House and US state department also did not immediately issue an official response. Chuck Schumer, US Senate majority leader, said only that he had been told by US intelligence agencies that there was no evidence of foul play, NBC reported.

European Council president Charles Michel said the EU “expresses its sincere condolences for the death of President Raisi and foreign minister Amirabdollahian”.

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The French foreign ministry said France “expressed its condolences” to Iran and the families of the victims.

In Italy, Prime Minister Giorgia Meloni said: “We are in constant contact with our European and G7 allies because we are talking about an incident that is part of a particularly complex regional framework.”

She added: “I hope that the future Iranian leadership wants to commit itself to the stabilisation and pacification of the region.”

Elsewhere in the Middle East, Lebanon declared three days of mourning after Raisi’s death.

Turkey, which like the UAE has recently sought rapprochement with Tehran, also offered its condolences. “As a colleague who personally witnessed his efforts for the peace of the Iranian people and our region during his time in office, I remember [Raisi] with respect and gratitude,” said Turkish President Recep Tayyip Erdoğan.

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Reporting by Adam Samson, Maxine Kelly, Chloe Cornish, Neri Zilber, Max Seddon, Amy Kazmin, Raya Jalabi, Michael Stott and Joe Leahy

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City of Kyle falls short of ‘Kyle’ world record

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City of Kyle falls short of ‘Kyle’ world record
City of Kyle falls short of ‘Kyle’ world record – CBS Texas

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Hundreds of Kyles conveined this weekend in the City of Kyle, Texas in attempt to break a world record. Unfortunately, they fell a bit short.

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Taiwan’s new president takes office with call for peace with China

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Taiwan’s new president takes office with call for peace with China

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Taiwan’s new president, Lai Ching-te, has called on Beijing to work with him to achieve peace and common prosperity rather than menace his country as he was sworn into office amid high tensions across the Taiwan Strait.

China should “stop its verbal attacks and military intimidation . . . shoulder global responsibilities together with Taiwan, commit to maintaining peace and stability across the Taiwan Strait and in the region and ensure that the world is free from the fear of war,” Lai said in his inaugural address on Monday.

Lai appealed to Beijing to engage with Taiwan’s democratically elected government, calling for the resumption of mutual tourism exchanges and programmes bringing Chinese students to Taiwan.

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Senior officials in Lai’s incoming government said the pledge to resume exchanges was a concrete gesture of goodwill. The Chinese government has blamed Taiwan for an almost complete breakdown in cross-Strait interaction, though Taipei insists that Beijing has hindered a resumption of programmes.

The Chinese Communist party claims that Taiwan is part of China and threatens to use force to bring it under its control if Taipei resists unification indefinitely. It has denounced Lai as a “dangerous separatist”, rhetoric even more hostile than its rejection of his predecessor, Tsai Ing-wen.

As he sought to reassure the US, Lai invoked much of the language that Tsai — whose prudent China policy drew plaudits abroad — used to describe Taiwan’s status and its relationship with Beijing.

Lai pledged that his government would “neither yield nor provoke, and maintain the status quo” across the Taiwan Strait and “uphold the four commitments” made by Tsai, including sticking to the country’s free and democratic constitutional system.

Other commitments are that the Republic of China — Taiwan’s official name — and the People’s Republic of China should not be subordinate to each other; to resist annexation or encroachment upon Taiwan’s sovereignty; and to ensure that the country’s future must be decided in accordance with the will of the Taiwanese people.

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“Since the future of the two sides of the Strait has a decisive impact on the global situation, we . . . will be the helmsmen of peace,” Lai said.

Lai also called on Beijing to acknowledge the existence of the ROC, another phrase borrowed from Tsai. Founded on the mainland, the ROC has persisted in Taiwan after it was defeated in China’s 1949 Communist revolution.

But he added his own note on national identity, saying: “No matter if [it is] the Republic of China, Republic of China Taiwan or Taiwan, these names [that] we ourselves or our international friends call our country all resonate and shine the same.”

Although the CCP refuses to recognise the ROC, Chinese leaders are even more alarmed by references to “Taiwan”, which are often interpreted as a signal of support for Taiwanese independence.

“Lai’s statement that prosperous coexistence should be a common goal for the two sides echoes Beijing’s recent call for him to choose between peaceful development or confrontation,” said Danny Russel, vice-president for international security and diplomacy at the Asia Society Policy Institute.

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But his pledge to neither yield nor provoke while maintaining the status quo is “certain to fall flat with Beijing”, added Russel, who was an assistant secretary of state under US president Barack Obama. “There is virtually nothing that Lai could have said, short of ‘unconditional surrender’, that would satisfy Beijing.”

Lai also faces attempts by opposition parties to expand the powers of the legislature — in which he lacks a majority — and weaken security legislation. On Monday he urged his domestic rivals to avoid political gain at the cost of national interests.

He pledged to expand Taiwan’s global role by leveraging its strength in the semiconductor industry and committed to making the country’s economic growth more inclusive and strengthening social security.

US secretary of state Antony Blinken said that Washington looked forward to “working with President Lai and across Taiwan’s political spectrum to advance our shared interests and values, deepen our long-standing unofficial relationship and maintain peace and stability across the Taiwan Strait”.

Japan’s chief cabinet secretary Yoshimasa Hayashi called Taiwan an “extremely crucial partner and important friend” in congratulatory remarks that expressed hopes of further deepening their relationship.

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