Online sales may not be the saving grace retailers were hoping for.» Read More
Shoppers turned out in droves for Black Friday deals, but are they enough to boost bottom lines?
If you’re not in one of these categories, you’re going to have a really hard time, retail analyst Dana Telsey says.
PITTSBURGH/ CHICAGO, Nov 27- Crowds were thin at U.S. stores and shopping malls in the early hours of Black Friday and on Thanksgiving evening as shoppers responded to early holiday discounts with caution and bad weather hurt turnout. That reflects the new normal of U.S. holiday shopping, where stores open up with deals on Thanksgiving Thursday itself, rather than...
Many shoppers headed out to stores on Thanksgiving evening, a month before Christmas, reflecting the new normal in U.S. holiday shopping, which was traditionally kicked off the next day, Black Friday. In an effort to attract the most eager holiday shoppers and fend off competition from Amazon.com Inc, U.S. retailers have increasingly extended their holiday...
U.S. stock index futures indicated a mixed open on Black Friday as Wall Street digests a slump in Chinese stocks.
Retailers offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but crowds in brick-and-mortar stores were subdued.
PITTSBURGH/ CHICAGO, Nov 26- Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but initial checks showed crowds in brick-and-mortar stores were subdued even as online sales jumped. At the Toys R Us in New York's Times Square, a line of about 200 shoppers, hemmed in by barricades, stretched to the...
PITTSBURGH/ NEW YORK, Nov 26- Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but crowds in brick-and-mortar stores were subdued even as online sales jumped. "I can wait until tomorrow but it's more exciting today," said Daipayan Deb, a shopper in his mid-thirties at a packed Wal-Mart...
Nov 25- Billionaire investor Leonard Blavatnik disclosed a 11.4 percent passive stake in mobile payments company Square Inc, which went public earlier this month. Blavatnik is also the owner of Warner Music Group and holds a stake in popular handbag maker Tory Burch LLC. But the company faces intense competition in the payments market, with Apple Inc launching...
Apple has made up one-fifth of the S&P 500's profit margin growth in the last five years. However, the company's growth seems to have since stalled.
Thanksgiving, Black Friday, Cyber Monday: A holiday hackers Super Bowl. Protect yourself from criminals while shopping on Amazon, Target, Walmart and Macy's.
Once the biggest and most famous shopping day of the year, more and more retailers are now extending sale periods and offering bonus deals online.
Amazon's online market share is higher than the next six retailers combined, says Gian Fulgoni, co-founder of digital analytics firm comScore.
The three-year Thanksgiving week winning streak on Wall Street remains in play. The stock market will be closed tomorrow for Thanksgiving Day, and open for just a half day on Friday.
Mayor Bill de Blasio said that Amazon.com should remove subway advertisements for its new TV show featuring Nazi-inspired imagery.
U.S. stocks closed mostly higher, as gains in oil prices and energy stocks helped offset an earlier decline following news of a downed Russian jet.
For a big group of stocks within the S&P 500, performance trends have been either decidedly positive or negative.
NEW YORK— A private space company announced Tuesday that it had landed a rocket upright and gently enough to be used again, a milestone in commercial aeronautics. He is the CEO of Amazon.com Inc.. Blue Origin said the unmanned flight took place Monday morning at its site in Van Horn in West Texas.
Black Friday will bring the most deals of the year, but not necessarily the best, TODAY reports.
Nov 24- Black Friday comes early to Saks Fifth Avenue stores this year. The luxury retailer, owned by Canadian department store operator Hudson's Bay Co, will start Black Friday sales on Wednesday, Chief Executive Jerry Storch said. Others including Target Corp, J.C. Penney Co Inc and Kohl's Corp have also stepped up promotions and deals as they look to grab a piece...