Last-Minute Online Shoppers Boost Holiday Sales
The Wall Street Journal reported that last minute online shoppers salvages a shortened holiday season for retailers.
The Wall Street Journal reported that last minute online shoppers salvages a shortened holiday season for retailers.
The Wall Street Journal reported that despite positive retail sales, mall store are continuing to shutter.
Reuters reported that U.S. retail sales rose less than expected in May and first-time applications for jobless benefits increased last week, but the data did little to alter views the economy is regaining steam.
Bloomberg reported that sales at U.S. retailers declined in January by the most since June 2012 amid bad weather and uneven progress in the labor market, signaling the economy was off to a slow start in 2014.
Bloomberg reported that the first spending decline on a Black Friday weekend since 2009 reinforced projections for a lackluster holiday, increasing chances retailers will extend discounts already hurting profit margins.
Bloomberg reported retail sales probably rose for the fourth consecutive month reflecting increased household wealth tied to higher home and stock prices giving Americans the confidence to spend, brightening the economic outlook.