Maryland Daily Record Maryland's trusted source for business and legal news
U.S. retail sales perked up in November, as cheaper gas and an improving job market fueled a promising start to the holiday shopping season.
Tagged with: amazon holiday shopping retail sales
Read More »Holiday shopping boosts U.S. retail sales
Barry Ritholtz: Ignore bogus holiday retail spin
Thursday was the time of year when Americans gathered with family and friends to give thanks. A bounteous feast is the time to express gratitude for our good fortune. We count our blessings, humbled by the fortuity of our circumstances, grateful for whatever it is we have.
Tagged with: amazon holiday shopping retail sales
Read More »Forecast for Amazon suggests not-so-jolly holiday
It might be a blue Christmas for Amazon. The world's largest retailer gave a disappointing forecast for the crucial holiday quarter. The company also reported a wider loss than analysts expected for the third quarter.
Tagged with: amazon holiday shopping retail sales
Read More »Holiday spending forecast: still looking for discounts
Americans are expected to spend at the highest rate in three years during what's traditionally the busiest shopping season of the year, according to the nation's largest retail industry trade group.
Tagged with: holiday shopping retail sales
Read More »Take this card and sell it!
Ellicott City-based GiftCardRescue.com took the plight of people stuck with gift cards they would never use and turned it into a multimillion-dollar business.
Tagged with: gift cards holiday shopping Retail
Read More »Stores open for 100 hours to attract shoppers
NEW YORK — Some stores are ending the holiday shopping season the same way they began it — with round-the-clock, marathon shopping hours. Kohl’s for the first time is opening for essentially five days, from 6 a.m. on Friday through ...
Tagged with: holiday shopping Retail
Read More »Thinner, lighter, newer: Apple set to introduce latest version of iPads
SAN FRANCISCO — Apple is expected to round out its lineup of gadgets for the holiday shopping season with the Tuesday unveiling of its latest iPads. The San Francisco showcase is likely to feature remodeled versions of Apple’s standard-sized iPad ...
Tagged with: Apple holiday shopping iPad ipad mini
Read More »Holiday shopping is expected to be up … unless
NEW YORK — Americans, who’re increasingly optimistic about improving economic conditions, are expected to spend at a more rapid clip during the upcoming holiday shopping season than they did last year. But that could change if the partial government shutdown ...
Tagged with: Business Economy government shutdown holiday shopping Retail
Read More »Best Buy shares jump on holiday results
NEW YORK — Shares of Best Buy Co. jumped on Friday after the electronics chain showed signs of starting to reverse declining sales during the critical holiday selling season, a better-than-expected result. Shares rose 12 percent during midday trading. Best ...
Tagged with: best buy Business consumer electronics holiday shopping holidays iPad Retail tablets
Read More »Stores look to week after Christmas for sales
Bargain-hungry Americans will need to go on a post-Christmas spending binge to salvage this holiday shopping season. Despite the huge discounts and other incentives that stores offered leading up to Christmas, U.S. holiday sales so far this year have been ...
Tagged with: Business Economy holiday shopping holidays Retail shopping
Read More »