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The Saturday before Christmas is too crucial to retailers to be left in the hands of procrastinating shoppers, so many stores are having “Super Saturday” this weekend, the New York Times reports.
The hitless season has retailers stocking less, leaning on classic items rather than new ones and possibly discounting less in the final days before Christmas. And with no Tickle Me Elmo or Zhu Zhu Pets to draw crushing crowds to the toy aisles, most retailers are being careful not to get stuck with unsold toys. The New York Times reports.
Best Buy may have been one of the biggest winners on Black Friday, but the shopping frenzy on Thanksgiving weekend probably didn't fix the company's core issues as it tries to shake its image as Amazon's showroom.
Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blase about bargains.
J.C. Penney is buying a minority stake in Martha Stewart Living Omnimedia for $38.5 million, the latest move by the department store to revive its brand.
In the file of better late than never, thought I'd post Friday's picks from Options Action - the focus: Deutsche Bank and Target.
Using research from Morningstar and S&P Capital IQ data, TheStreet.com has picked seven funds that could help investors get healthy returns with a minimal amount of risk to their capital along with a few of their top individual holdings.
The "Fast Money" traders outline what moves they plan to make in the final day of trading this week.
In the wake of this year's Black Friday shopping frenzy, many were asking how retailers were going to do to maintain the momentum throughout the holiday shopping season. We now have the answer: Let's make it Black Friday everyday!
Stocks finished narrowly mixed in a quiet session Thursday as investors took a breather following a sharp rally in the previous session and ahead of the crucial government non-farm payroll figure due Friday morning.
Two big retail players restructure, hard times for other brand names and ETFS become a scapegoat for market volatility.
Futures turned lower Thursday following news that weekly jobless claims climbed unexpectedly last week and following a sharp rally in the previous session.
Sales of Activision Blizzard's games, particularly "Modern Warfare 3" and "Skylanders," performed "better than our expectation," CEO Bobby Kotick told CNBC Monday, without giving details. That achievement looks even better considering the games sold at full price, not at huge Black Friday discounts.
Amazon.com is dominating today's online "Cyber Monday" buzz, according to our exclusive CNBC Real-Time Retail Read.
The results are in. According to Shopper Trak, sales increased 6.6% on Black Friday. Consumers were inspired by record breaking discounts and store openings as early as 9 p.m. on Turkey Day. That was enough to get the average American to skip dessert, push back from the dinner table and hit the stores in search of savings.
Holiday Season 2011 got off to a roaring start with crowds of shoppers lining up at stores from Thanksgiving evening straight on through the morning on Black Friday, but retail executives remained cautious yet upbeat about the rest of the season.
On Friday chatter on the floor had everything to do with the underlying message in the market and what to make of it.
Black Friday has historically been regarded as the day when retailers move from a loss into profit for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.
Who has the biggest buzz this Black Friday? It looks like Wal-Mart Stores, Best Buy, Target, Amazon and Apple may have an edge, according to CNBC's Real-Time Retail Read.
The low-end and midrange retailers cut prices to attract shoppers, while executives at luxury stores say that they are actually able to sell more at full price than in recent boom years. The New York Times reports.