U.S. shoppers may stretch tight budgets this year to reward loved ones after months of thrift, a softening of heart that store chains hope will erase the holiday season sales debacle of 2008.
As stores prepare for hordes of Black Friday shoppers and mark down high-definition TVs and hot toys, they're also pushing deals on something more mundane — necessities like socks and diapers.
The Recovery Act has about $5 billion set aside for what's called weatherization: a top-to-bottom effort to make homes more energy efficient. In terms of trickle down, federal funds go to a state agencies, which allocate money to local non-profit agencies, which then farm out the work to local contractors.
Tuesday, 24 Nov 2009 | Source: The Associated Press
After showing signs of improvement in early fall, sales of clothing and luxury goods weakened a bit the first half of November, compared with a year ago, when stores pulled shoppers in with massive discounts, figures released Tuesday show.
Tuesday, 24 Nov 2009 | Source: The Associated Press
The head of the Consumer Product Safety Commission on Tuesday promised swift action to get dangerous products off the market, acknowledging that the agency didn't move quickly enough on a record recall of more than 2 million cribs linked to four deaths.
When the holiday shopping season kicks off the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers.
Thursday, 19 Nov 2009 | Source: The Associated Press
Sears Holdings Corp. said Thursday it lost money for the second consecutive quarter as customers spent elsewhere even as the retailer offered a series of early holiday season promotions to bring them back to its brands.
The S&P 500 closed higher on Friday, giving the stock market a second straight week of gains as upbeat retail news reinforced hopes for strong sales this holiday season.... Read More
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead.... Read More