Holiday sales this year are expected to start well before the traditional start of the shopping season — Black Friday, the day after Thanksgiving. Will the early sales rob activity from the week before Christmas?
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As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Online purchases hit $41.5 billion in the third quarter, according to a report from the U.S. Census Bureau.
The ease and convenience of shopping online means that Internet purchases made up more than 4% of U.S. retail sales in the third quarter, acco…
Among today’s top stories for investors, read about China Media Express: a Wall Street drama; a retail surprise to the upside; and Warren Buffett’s latest holdings.
Continue reading Blogwatch: Warren Buffett’s …
The giant retailer’s profits grew 9% in the third quarter to $3.4 billion. However, revenue disappointed analysts, mainly due to a small sales decline at Walmart U.S. operations. Still, the company raised its future earnings gu…