CHRISTMAS

IBTimes Logo

Black Friday sales barely up, online surges

In a worrisome sign for retailers, data released on Saturday showed that sales rose a scant 0.5 percent on the traditional kickoff to the holiday shopping season despite early signs of a strong showing.

Black Friday sales up 0.5 percent: ShopperTrak

IBTimes Logo
Black Friday sales rose just 0.5 percent to $10.66 billion after rising 3 percent in 2008, ShopperTrak said on Saturday, a rise that may disappoint investors who had expected retailers to see a bigger boost this year.
More news
IBTimes Logo

Black Friday deals may not signal retail comeback

When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
IBTimes Logo

Retail sales suggest tepid holiday season

More than half of U.S. retail chains posted October sales that fell short of Wall Street's heightened expectations, raising doubts about a widespread recovery for the holiday season.
IBTimes Logo

October retail sales fall short for many

U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season.
IBTimes Logo

Online holiday sales seen up 8 percent

U.S. online sales are expected to rise 8 percent this holiday season, with mass market retailers who can offer discounts performing best, according to Forrester Research Inc.
IBTimes Logo

Holiday miracle needed for turnaround at U.S. ports

Foreman Danny Miranda remembers the days when the Los Angeles and Long Beach, California, ports were so jammed that ships waited in line to unload. Now the lingering recession has longshoremen waiting in line for work.
IBTimes Logo

Fewer holiday goods spurs U.S. retail scramble

Some store chains are hedging a major bet they made this year by slashing inventories, sometimes as much as 25 percent, to make sure they do not get stuck with a glut of merchandise for a second consecutive year.
IBTimes Logo

Retailers try to break deep discount habit

U.S. retailers that pushed deep, margin-sapping discounts in 2008 to try to lure holiday shoppers during the recession are going to try to break consumers of the 70 percent-off habit in 2009.
IBTimes Logo

Strong retail sales raise holiday hopes

U.S. retailers gave investors an early Christmas present, posting their first monthly sales increase in more than a year and suggesting that wounded consumers might begin to heal in time for the crucial holiday season.
IBTimes Logo

Retail sales to show slump may persist

U.S. retailers probably saw sales decline again in September, signaling weak demand leading into the holiday season that will require chains to sharpen their focus on value.
IBTimes Logo

Halloween spenders still spooked this year

The economy is still spooking shoppers. U.S. consumers plan to spend an average of $56.31 on Halloween this year, down from $66.54 in 2008, according to a National Retail Federation survey.
IBTimes Logo

Holiday spending seen flat

U.S. holiday spending is expected to be flat versus a year ago, as consumers remain cautious and the national unemployment rate hovers at nearly 10 percent, Deloitte said in a forecast released late on Sunday.
IBTimes Logo

Wal-Mart CEO sees late Christmas

Wal-Mart Stores Inc is expecting a late Christmas as consumers continue to carefully manage spending, CEO Mike Duke said at an investor conference on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.