Retailers reported $59.1 billion in sales this Black Friday weekend, up 13% from a year ago. But the jump was smaller than the 16% increase in sales in 2011. A number of big retailers including Wal-Mart, Target and Toys "R" Us opened their doors Thursday evening, which analysts say affected Black Friday sales figures.
The national obsession with shopping – which gave birth to the retail bonanza best known as Black Friday – may be in the process of victimizing itself because of its own success.
The top five mobile applications you must have, with Scott Gamm, HelpSaveMyDollars.com founder.
Indian authorities are investigating allegations that Wal-Mart violated foreign exchange rules when it invested $100 million into a domestic unit owned by its wholesale joint-venture partner, a senior law enforcement official told Reuters on Friday.
Eight states now charge sales taxes on online transactions, including Amazon's. But the taxes won't slow down Amazon's ability to match prices of competitors, the Christian Science Monitor reports.
Every year it seems the holiday season gets more competitive for retailers. First it was free shipping, now it’s free layaway and price-matching in guaranteed, speedy in-store pickup. Promises, promises. But do the programs really work?
Merely hours after gobbling up Thanksgiving dinner, millions of retail employees will head to work to greet the deal-hungry Black Friday crowds. Once their holiday fullness wears off, restaurants will be ready to pounce.
In the birthplace of Thanksgiving, some residents are giving thanks for the Colonial-era blue laws that prevent retailers from opening their doors on the fourth Thursday of November.
We're heading into the most important holiday season ever for Twitter. This year three times the retailers are using the service as did last year.
The “Black Thursday” backlash is growing louder as the hours tick down to Thanksgiving, but don’t expect it to deter retailers or shoppers.
In case you haven't heard 40 is the new 20, and Thanksgiving is the new Black Friday. Scratch that—the Friday before Thanksgiving is the new Black Friday.
Retailers reported earnings this week and analysts were out discussing Wal-Mart, Target and Home Depot, among others. Find out more in this CNBC.com StockBlog Roundup.
Although both Wal-Mart Stores and Target delivered quarterly earnings that edged above estimates, one analyst sees a winner in aisle nine.
Considering bellwether Wal-Mart just issued disappointing guidance and said ‘economic conditions continue to pressure customers’ you should sell the space, right?
Patrick McKeever, MKM Partners analyst, explains why he maintains a "buy" rating on Target, and remains "neutral' on Wal-Mart.
The retail reported quarterly earnings that surpassed analysts' expectations as the discount chain lured shoppers with a wider variety of food products and 5-percent discounts for its cardholders.
David Schick, Stifel Nicolaus analyst, breaks down the numbers on the big box retailer, reporting Q3 EPS of $1.08 vs. $1.07 estimate, on revenues of $113.93 billion.
The world's largest retailer is partnering with Goodies Co., a monthly food subscription service, to offer a taste-testing program.
Hedge funds are reporting their quarterly holdings to the Securities and Exchange Commission. Find out what the big funds have been buying and selling.