The U.S. economy will remain weak in 2011 as companies limit hiring and consumers restrict spending, according to a survey of economists.
GDP will grow by 2.6% in 2011 after increasing by 2.7% this year, according to the median forecast of 51 economi…
ComScore reports online retail spending rose 9% year-over-year in the third quarter. Such positive growth — the fourth straight quarter of increasing cyberspending — going into the fourth quarter could bode well for the upcom…
For retailers, this Christmas season is expected to be brighter than last year, even as continuing economic anxiety puts a damper on spending. Clothes, toys and video games are expected to do well in 2010.
Cont…
Retailer Kohl’s said on Wednesday that it plans to hire 40,000 temporary workers during this year’s holiday season at stores, distribution centers and credit operations nationwide — 7,000 more than last year. The shopping sea…