Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
Record snowfalls across the country dampened hopes of retailers for a strong end to the fiscal year. Many are expecting disappointment when major retailers report January sales on Thursday. The weather slowed what was already a…
U.S. shoppers piled up the presents under their Christmas trees, but retailers were still a bit disappointed. The Commerce Department’s official tally shows what many suspected: Consumers did most of their holiday buying early …
Many shoppers who took advantage of the early holiday sales in November held back and forced retailers to cut prices as Christmas neared. Despite increases in luxury spending, the results show that mainstream consumers remain f…
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions…