| Feb 6, 2014
| 11:41 AM
Retail sales growth will speed up, albeit slightly in 2014, rising 4.1 percent compared with an estimated 3.7 percent gain in 2013, the National Retail Federation said Thursday.
The Washington, D.C. based trade group which represents retailers such as...
| Jan 16, 2014
| 5:45 PM
It's not looking pretty for J.C. Penney.
The Plano, Texas, company said this week that it plans to close 33 under-performing stores around the country by early May and shave 2,000 jobs off its books. Chief Executive Myron Ullman called the move —...
| Dec 30, 2013
| 12:48 PM
As 2013 comes to a close, so will dozens of tax breaks that save companies billions of dollars in tax liability.
Congress has allowed 55 tax breaks to expire but will likely restore many of them, retroactively, in the coming months, the Associated Press...
| Jan 2, 2014
| 8:19 AM
Online sales swelled 10.3% this holiday season compared with the same period in 2012, with massive surges in mobile use, according to the IBM Digital Analytics Benchmark.
During the fourth quarter, mobile traffic made up nearly 35% of all online visits,...
| Nov 29, 2013
| 10:47 AM
As his family prepared to gather at grandma's house, Cameron Ligocki arrived at a Best Buy in Downers Grove at noon on Thanksgiving Day -- six hours before it opened -- to buy a 39-inch Insignia TV for $169.
His family "got a little mad" about him...
| Nov 30, 2013
| 7:10 PM
U.S. retailers eked out a 2.3% sales gain on Thanksgiving and Black Friday, in line with a prediction for the weakest holiday results since 2009.
Sales at bricks-and-mortar stores on Thanksgiving and Black Friday increased to $12.3 billion, according to...
| Dec 1, 2013
| 11:10 AM
The Thanksgiving and Black Friday back-to-back shopping events proved to be more popular with Americans than they were last year, according to industry data.
The National Retail Federation pegged the number of unique shoppers Thursday through Sunday...
| Dec 23, 2013
| 5:43 AM
Big box retailers and department stores like Toys "R" Us and Kohl's will offer more consecutive store hours than ever before in anticipation of Christmas this year.
Kohl’s stores will be open for more than 100 hours straight, beginning at 6 a.m....
| Dec 2, 2013
| 9:57 AM
Blame the doorbusters. Shoppers spent almost 3 percent less this Thanksgiving weekend than they did the previous year, according to the National Retail Federation.
That could be an indication of a more difficult season for many retailers. One bright...
| Oct 17, 2013
| 9:21 AM
The first government shutdown in nearly 20 years ended late Wednesday after Congress agreed on a deal to fund the government through Jan. 15. and raise the nation's debt limit through Feb. 7. The 16-day ordeal took a toll on the national economy,...
| Dec 2, 2013
| 1:03 PM
Cyber Monday has been the largest online shopping holiday in the past two years, according to Shop.org, an arm of the National Retail Federation that focuses on Internet retailers.
Generally, bargain experts agree that Cyber Monday, which is Monday,...
| Oct 19, 2013
| 2:41 PM
Last year, we got a great tip from Joann Dove in Salisbury Township about how to turn tomato plant cages into outdoor Christmas trees. The holidays will never be the same.
It was a long time ago, but that column prompted a great response from Cathy...