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Tag Archives: holiday season

Rising retail sales point to slowly improving economy

WASHINGTON — Americans rebounded from a weak holiday season and stepped up spending on retail goods in January. The latest government report on retail sales pointed to a slowly improving economy. Retail sales rose at a seasonally adjusted 0.4 percent ...

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Unemployment benefit applications jump to 399,000

WASHINGTON — Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That’s the ...

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Nat’l Retail Federation upgrades holiday forecast

NEW YORK — With the final Christmas countdown begun, the nation’s largest retail trade group has upgraded its holiday sales forecast reflecting growing optimism that much more spending is to come. The National Retail Federation said Thursday it now expects ...

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Best Buy 3rd-quarter profit falls, shares skid

NEW YORK — Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and TVs to drive sales and traffic during the busy holiday season. Its ...

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Marianne D. Fishler: A good time to make sure planning is on track (access required)

The holiday season is upon us, which for many, means time spent with family and friends reflecting on the blessings in life and those we hold dear, and thinking ahead to the coming year. It is a good time to ...

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Retail trade group sees modest holiday sales gain

NEW YORK — The National Retail Federation, the nation’s largest retail trade group, expects winter holiday sales to rise 2.8 percent to $465.6 billion this year. That would be smaller than 2010’s 5.2 percent increase, but it’s higher than the average ...

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