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Tag Archives: discounts

U.S. sues Apple, publishers over electronic books

WASHINGTON  — The Justice Department and 15 states sued Apple Inc. and major book publishers Wednesday, alleging a conspiracy to raise the price of electronic books they said cost consumers more than $100 million in the past two years by ...

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Retailers post mixed sales results for January

NEW YORK — Retailers reported mixed sales results for January in a sign that American shoppers are continuing to be cautious about when and where they spend their money in the shaky economy. Of the 12 merchants reporting monthly sales ...

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Holiday discounts crimp retailers’ profits

NEW YORK — Many retailers delivered solid sales gains for December, but heavy discounts needed to get shoppers to buy exacted a high price, clouding the holiday shopping season. Merchants had to mark down coats and other gifts to get ...

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Data shows robust start for holiday retail sales

NEW YORK — Retail sales for the four-day holiday weekend, starting with Thanksgiving Day, rose 8.7 percent from a year earlier, a key data service said Thursday. The figures from MasterCard Advisors’ SpendingPulse show the holiday shopping season got off ...

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Retailers have a robust start to holiday season

More Americans hunted for bargains over the weekend than ever before as retailers lured them online and into stores with big discounts and an earlier-than-usual start to the holiday shopping season. A record 226 million shoppers visited stores and websites ...

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Groupon shares jump in public market debut

NEW YORK — Groupon, the company that pioneered online group discounts, saw its stock rise sharply in its public debut Friday, showing strong demand for an Internet company whose business model is considered unsustainable by some analysts. Groupon’s stock jumped ...

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Bargain shopping sparks September surge

NEW YORK — September offered the latest sign that Americans will shop, but only when they think they’re getting a deal. The International Council of Shopping Centers said Thursday that revenue rose 5.5 percent in September, with several retailers including ...

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