Much to retailers’ surprise, old man winter didn’t deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool …
Shoppers did their part this holiday season, spending more on clothes, jewelry and luxury items than last year, according to new sales tallies from MasterCard SpendingPulse, which tracks purchases by credit card, cash and other…
The third-quarter earnings season got off to a reasonably positive start for retailers, with department stores hoping colder weather heats up holiday sales, even as shoppers continue to prefer discounts and generally hold back …
Retail sales grew more than expected in August, as back-to-school discounts drew shoppers into stores. Grocery and gasoline sales were a highlight, but weak auto and housing sectors continued to weigh on sales, and middle-class…