Holiday Spending to Dive: Gallup
ThinkstockLast year consumers spent an average of $786 on holiday gifts, but if the latest poll from Gallup is correct they’ll be sitting on the wallets this year. Americans say they plan…
ThinkstockLast year consumers spent an average of $786 on holiday gifts, but if the latest poll from Gallup is correct they’ll be sitting on the wallets this year. Americans say they plan…
courtesy Wal-Mart Stores Inc.Holiday shoppers are expected to spend about 3.9% more this year than they did last year, according to a National Retail Federation estimate. And in order to facilitate the…
courtesy of TargetTarget Corp. (NYSE: TGT) said Monday morning that it plans to open its stores at 8 p.m. on Thanksgiving Day, an hour earlier than it has opened in the past.…
courtesy Best Buy Co. Inc.From the look of it, more retailers are going to be open on Thanksgiving day this year than ever before. The latest to join the throng is Best…
ThinkstockThe conventional wisdom about Thanksgiving and Black Friday winners and losers is easy to agree with to some extent. Shoppers will flock to Amazon (NASDAQ: AMZN) in greater numbers year after year…
courtesy J.C. Penney Co. Inc.Struggling retailer J.C. Penney Co. Inc. (NYSE: JCP) has started what it is billing as “Our Biggest Sale of Them All” and plans to run it through Saturday,…
ThinkstockKmart and Sears, the two major divisions of Sears Holdings Corp. (NASDAQ: SHLD) will join the group of large retailers that hope to move the start of the holiday season closer and…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertThere is a growing school of thought that J.C. Penney Co. Inc. (NYSE: JCP) has started to walk out of the deep woods of…
Jim Henderson, via Wikimedia CommonsIn a quarterly update press release Tuesday morning, Sears Holdings Corp. (NASDAQ: SHLD) reviewed actions it has taken or is contemplating in an effort to “improve our financial…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) will be open on Thanksgiving, at least so far as letting customers in at 8 p.m. that day can be considered Thanksgiving…
ThinkstockThe CEO of the National Retail Federation, Matthew Shay, penned a letter that stated the organization’s position on how badly its members could be harmed by the government shutdown and lack of a long-term resolution.…
courtesy J.C. Penney Co. Inc.The National Retail Federation (NRF) reports that the industry should post a 3.9% increase in sales to $602.1 billion. On its face, the number looks good. However, if…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) is the king of retailing, with the largest presence of all retailers with more than 2 million workers and with what…
Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) is still an awful retailer, yet shares rose by 13% or so on Tuesday after a report opined that Sears could be worth…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ.C Penney Co. Inc. (NYSE: JCP) continues to face unprecedented drops in traffic and sales that, to some extent, caused its largest shareholder Bill…