retail

Holiday Shopping Season Spending Forecast: $1 Trillion

The U.S. economy is putting up some impressive numbers: a headline unemployment rate of 3.7%, the lowest in half a century; strong job creation; rising wages; falling gasoline prices; and ...
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Walmart Ups Its Investment in Streaming Video Content

Following on Monday's announcement of a streaming video deal with MGM Studios, Walmart Inc. (NYSE: WMT) on Thursday said it has entered a joint venture with Eko, a developer of ...
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Walmart, MGM Studios Strike Video Production Deal

There's one big advantage for streaming video companies that produce their own content: they own all the rights to the content. But there's also one big disadvantage: producing shows is ...
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Shopping Mall Rents Falling Ahead of Holiday Shopping Season

The vacancy rate in U.S. shopping malls rose to 9.1% in the third quarter, up half a point from the 8.6% vacancy rate in the second quarter. That's the highest ...
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JC Penney Heads Toward Penny Stock Land

J.C. Penney Co. Inc. (NYSE: JCP) is among the old-world retailers not expected to survive. It took another step it cannot afford backward as the company announced the departure of ...
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Did Amazon Just Target All Dollar-Store Shoppers?

The endless wave of changes in retail just never seems to end. In the 1990s it was Walmart Inc. (NYSE: WMT) that killed thousands of retailers. Now it is ...
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Plenty of Americans Willing to Bank With Amazon

Here's the money question: "If Amazon launched a free online bank account that offered 2% cash back on all Amazon.com purchases, would you sign up to try it?" You might ...
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More Good News for Workers Looking for Seasonal Jobs

Last Thursday, Target Corp. (NYSE: TGT) announced plans to hire 120,000 seasonal workers to get the company through the 2018 holiday shopping season. That ties the single largest seasonal hiring ...
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Retail Spending Growth Slowed in August

U.S. consumer spending increased by 6.6% year over year to $509 billion in August and up by 0.1% month over month from an upwardly revised July total of $508.6 billion. ...
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Holiday Season Looks Good for Job Seekers

Two of the country's largest seasonal employers have already announced that they will hire at least as many seasonal workers as they did last year. Macy's Inc. (NYSE: M) and ...
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Macy’s Wants to Hire 80,000 Seasonal Workers

We know the end-of-the-year holiday season is gearing up when we start to see announcements from big retailers that they will be hiring big numbers of seasonal employees to help ...
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The Driving Force for Even Higher Growth at Lululemon Might Not Be What You Think

Should analysts indefinitely chase up their ratings and targets on companies they follow? It's rather complicated, but this is a scenario that many investors find themselves contemplating if they have ...
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Walmart, Microsoft Join Forces for One-Two Punch at You-Know-Who

Two Dow 30 stocks have signed a strategic partnership deal to take on a company that threatens the businesses of both. Walmart Inc. (NYSE: WMT) has inked a five-year deal ...
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Retail Spending Jumps Again in June: Census Bureau

U.S. consumer spending increased by 6.6% year over year to $56.8 billion in June and up by 0.5% month over month from an upwardly revised May total of $504.3 billion. ...
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Amazon Gears Up for Prime Day With Early Specials

When Amazon.com Inc. (NASDAQ: AMZN) ran its first Prime Day promotion in 2015, only a few retailers thought the idea would catch on with consumers. Those same retailers are now ...
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