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Tag Archives: Retail

Trade group: Holiday shoppers step up buying

NEW YORK — Shoppers came out again to seriously shop last week, after taking breather from a record spending spree over the Thanksgiving weekend, according to one measure Sales at stores opened at least a year rose 3.4 percent for ...

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U.S. online holiday shopping climbs 15 percent

U.S. shoppers spent 15 percent more in online holiday buying compared to last year, after what may have been the busiest week of the season, said research firm comScore on Sunday. Shoppers have spent $30.9 billion online from Nov. 1 ...

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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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U.S. retail sales rises for sixth straight month

WASHINGTON — Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That’s ...

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