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This post has been updated. See below for details.Economic prognosticators spent the end of 2012 fretting about looming spending cuts and toxic tax increases. Consumers, however, spent it shopping. Retail sales across the nation rose 0.5% to $415.7 billion in December as Americans put fiscal cliff...
Tags: Economic Indicator, Fiscal Cliff, Consumers, Vehicles, Prices
NEW YORK CITY -- Wal-Mart Stores Inc will buy an additional $50 billion in U.S.-made products over the next decade in areas like sporting goods and high-end appliances in what the world's largest retailer called a bid to help boost the U.S. economy. Wal-...
That last Christmas gift you ordered never seems to arrive on your doorstep quick enough. You hear the delivery truck rumble around the corner, but it just blows on past, several times a day. Jiminy Christmas, you may think, do I have to wait forever?...
Like any successful company, Wal-Mart knows a public relations coup when it sees one. Plans announced recently are textbook perfect: The nation's largest private employer said it would hire every recent veteran seeking a job, amounting to 100,000...
With Black Friday in the books and Christmas right around the corner, retailers all over are gearing up for the busy holiday shopping season. As more people come and go from local stores, the threat of commercial theft is a major concern for retailers...
Tags: Holidays, The Home Depot, Theft
WASHINGTON -- On the heels of record sales over the Black Friday weekend, the White House warned that automatic federal tax increases set for next year could hurt the rest of the holiday shopping season and would likely crimp consumer spending by about...
Wal-Mart's decision to hire veterans step in right direction Like any successful company, Wal-Mart knows a public relations coup when it sees one. Plans announced recently are textbook perfect: The nation’s largest private employer said it...
The labor contract covering more than 15,000 dockworkers at 14 Eastern Seaboard and Gulf Coast ports has been extended for 30 more days, heading off a strike that could have begun as early as Sunday. George H. Cohen, director of the Federal Mediation...
NEW YORK (AP) — Bye-bye Black Friday. So long Small Business Saturday. Now, it's Cyber Monday's turn. Cyber Monday, coined in 2005 by a shopping trade group that noticed online sales spiked on the Monday following Thanksgiving, is the next in a...
NEW YORK (AP) — If you make holiday shopping convenient, Americans will come in droves. It's estimated that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend, according to a survey released by the National...
CNNNEW YORK -- Apparently, full stomachs after Thanksgiving dinners get people in the mood for some real shopping. Customers flocked in to early store openings on Thanksgiving day to scoop up "doorbuster" deals. A record 247 million shoppers visited stores...
Multi-Media JournalistIt's a problem some consumers face around the holidays: overspending and starting the new year in debt. “When you get out amongst this cornucopia of merchandise with children saying I want this, I want this, I want this, I’m sure that it&...
Tags: Federal Reserve, Kmart, Holidays, Credit and Debt, Finance
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