Taper talk sets in as traders question whether the Federal Reserve will slow down its stimulus program in December.» Read More
NEW YORK, Dec 2- U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore began tracking such information.
Wal-Mart Stores Inc, Target Corp, Toys R Us, Macy's Inc, J.C. Penney Co Inc and Best Buy Co Inc were among the brick-and-mortar chains that started their online deals early. "All of them are behind Amazon, but some are starting to catch up," said Edward Jones analyst Brian Yarbrough.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent almost 3 percent less than they did a year earlier, according to data released Sunday by an industry group.
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent less than they did a year earlier, according to data released Sunday by an industry group.
Skariachan NEW YORK, Nov 29- U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped. Even Macy's Inc's flagship store in New York City opened then for the first time in its 155- year history, at 8 p.m. Some U.S. shoppers played along, hitting the Internet and stores on Thanksgiving.
Skariachan NEW YORK, Nov 29- U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped.
A look at the early winners and losers from the heavily discounted Thanksgiving Day and Black Friday weekend.
Sales that began Thursday continued through Friday. Many people complained about the early start, but still they went out shopping anyway.
Stay up late or sleep in? More Black Friday shoppers abandon early morning hours in favor of sleep.
The retail industry looms large in this week's market winners and losers, and considering it's Black Friday, no surprise there.
Eager to entice cautious consumers, especially with six fewer shopping days this year than in 2012, many retailers offered sales on Thanksgiving, traditionally a day for family, friends and football games.
In the search for answers this shopping season, consumer behavior online is being tracked aggressively with help from technology.
Some retailers didn’t wait for the predawn hours of Black Friday this year. They were open before breakfast on Thanksgiving Day, and customers were waiting. The NYT reports.
Kmart, Old Navy and Lord& Taylor were some of the stores that opened their doors on Thursday morning, as each company did last year. Macy's Inc and a slew of other stores are opening later on Thanksgiving for the first time ever in a bare-knuckle brawl for a bigger slice of holiday sales.
Nov 28- Macy's Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales.
It looks like the iconic balloons of the Macy's Thanksgiving Day Parade will be allowed to take to the skies.
*HP, Apple lead tech sector's gains. NEW YORK, Nov 27- The Nasdaq advanced on Wednesday to its highest level since September 2000 as Hewlett-Packard lifted the tech sector a day after the company's earnings. Overall trading volume was light, with many traders out for the Thanksgiving holiday.
*Tech sector advances with rally in HP, Apple. NEW YORK, Nov 27- U.S. stocks rose on Wednesday following a batch of optimistic economic reports, while Hewlett-Packard shares rallied a day after the company's quarterly results.
Black Friday may not be the best time to get a holiday deal. Retailers often mark up items by 70 percent to 80 percent of the initial cost, said an industry veteran.