U.S. online shoppers spent a record $733 million in a single day on "Cyber Monday," according to market research firm comScore.
So a week has passed since my first post on the drama surrounding the HD DVD vs. Blu-ray next generation format war. Hundreds of emails, though the pro Blu-ray, anti-Jim emails outnumbered the HD DVD side by better than ten to one. Not sure what message that sends, but maybe I angered the Blu-ray folks more than I satisfied the HD folks.
U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas
Three out of four American consumers plan to pay off their holiday shopping debt within three months, according to a survey released Wednesday by the Financial Services Roundtable.
Gift cards are still at the top of everyone's wish list this holiday season, but growth is expected to slow dramatically from last year.
Shoppers in November turned out in droves for big bargains on Black Friday, helping retailers to post improved sales growth, but by the end of the month, some retailers, especially those at the mall, saw a slowdown in consumer traffic.
Across the nation, women over age 35 are increasingly rebelling against the suits and head-to-toe dressing of traditional department store labels like Liz Claiborne, Jones New York and the old-guard mall stores like Talbots and AnnTaylor. That's put sales of traditional women's fashions in a rut that has deepened over the past year.
More U.S. consumers are planning to spend less this holiday season than a year ago, according to a survey released Tuesday that adds a fresh note of caution to what is shaping up to be a ho-hum holiday shopping season.
Retailers opened earlier than ever on the day after Christmas on Wednesday and slashed prices with hopes of salvaging a holiday season that is falling short of already modest expectations.
Amazon.com said it sold about 17 of Nintendo's Wii video game systems per second when it had them in stock.
Everyone has heard predictions of a tapped-out consumer. And though they haven't materialized in the past, this time is likely to be different.
The turkey’s not even in the oven, but the annual game of chicken has begun. Consumers are waiting to see if retailers grow desperate and cut prices deeper than planned.
The unofficial start to the holiday shopping season is just around the corner and Dev Shapiro has left nothing to chance. The Dallas resident and veteran bargain hunter has spent the last three weeks developing a plan of attack for Black Friday sales, the day after Thanksgiving when retailers across the country slash prices on everything from flat screen TV’s to the hottest Christmas toys.
For those who opted to stay at home on Black Friday, rather than brave the crowds, there’s good news: there will be plenty of bargains online this year.
It's not exactly like following the weather or sports, but the holiday shopping season still draws it share of prognostications -- whether it's sales forecasts ot what's-hot lists. Here's a need-to-know guide for cnsumers and investors alike.
Last holiday shopping season, Wal-Mart was struggling to get sales on track as lower-income shoppers snubbed its efforts to imitate smaller rival Target by stocking its stores with trendy but cheap products. This year, it's Target that is struggling.
The annual shopping frenzy kicked off Friday with crowds of shoppers, many braving cold temperatures, hoping to snag bargains. CNBC checked in with several top retail executives to see how things were shaping up.
Easing fears the Economic Grinch will steal Christmas, the CNBC Holiday Central Survey finds that Americans appear ready to up their holiday spending a healthy 6% over last year to $782.
The lure of bargains trumped economic concerns at the start of the holiday shopping season. Retailers logged sales that were up significantly from a year ago.