Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would spend on family members and on themselves.
U.S. shoppers may stretch tight budgets this year to reward loved ones after months of thrift, a softening of heart that store chains hope will erase the holiday season sales debacle of 2008.
Up to 134 million U.S. consumers may shop for holiday gifts this Thanksgiving weekend, although most will check the bargains before venturing out, according to a survey released on Tuesday.
Luxury goods sales will return to growth next year with profitability increasing more than revenues thanks to strong cost containment policies in 2009, according to a Bank of America Merrill Lynch report.
Up to 134 million U.S. consumers could venture out to shop for holiday gifts this weekend, although many are testing the waters for bargains before they commit, according to a new report.
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.
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.
Retailer Wal-Mart's Black Friday advertisements have been published online promoting laptop computers below $200, $5 toys and $3 clothing, among others.
Discount retailer Target Corp reported third-quarter results that beat Wall Street expectations but forecast a holiday quarter profit that could fall short of estimates, and its shares fell over 5 percent.
Upscale department store operator Saks Inc reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose nearly 8 percent.
Upscale department store operator Saks Inc reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose 5.5 percent.
Ministop Co, Japan's fifth-largest convenience store, plans to bid for South Korea's Buy The Way, which has been put up for sale by private equity firm Unitas Capital, three sources familiar with the matter said.
European shares edged up to a three-week closing high on Thursday with telecom shares leading the advance after soothing earnings results and airlines gaining ground on merger news.
Customers who visit GameStop Corp stores will soon be able to purchase digital upgrades to their favorite video games, as the retailer eyes a shift toward digital distribution of games.
Target, Kohl's, Best Buy and major retailers have unveiled their special deals for Black Friday 2009, according to Gottadeal.com, a self-called official Black Friday deal website.
MasterCard Inc , the world's second-largest credit card network, forecast marketing expenses will increase 20 percent, and rebates and incentives will go up in the fourth quarter, sending shares down up to 6 percent.
New orders received by U.S. factories rose a stronger-than-expected 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday in a report suggesting manufacturing activity is feeding the economic recovery.
From Facebook to Twitter to YouTube, retailers and food chains plan to use social media this holiday season to get their brands in front of consumers and possibly win a bigger piece of their limited shopping budgets.
Medical device maker Stryker Biotech LLC and top management were indicted on federal charges they conducted a fraudulent marketing scheme for bone-growth products, the U.S. Justice Department said on Wednesday.
Stryker Biotech LLC and top management have been indicted on charges they engaged in a fraudulent marketing scheme for certain medical devices, the U.S. Justice Department said on Wednesday.
Oil eased to below $79 a barrel on Wednesday, extending the previous session's decline from a one-year peak after a bigger-than-expected rise in U.S. crude oil inventories.
Google Inc. reported a 27 percent increase in third-quarter profit, surpassing analysts' estimates, following a boost in online ads and e-commerce.
