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Sunday, February 25, 2018

Main Street Shopping And The Internet

Wal-Mart is seeing the future, and the future isn’t more shoppers driving through stop-and-go traffic to big boxes at the edge of town. It’s online shopping. The giant retailer plans to plunk down a princely $3.3 billion for, an e-commerce company.

September 6, 2016

U.S. Retailers At Risk Of Missing Modest Holiday Sales Goals

Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the “Super Saturday” before Christmas failed to live up to its nickname, industry research groups said.

December 25, 2015

Millennials Keep Malls Humming

Millennials still shop in stores in large numbers — rather than online — so courting this demographic is important for retailers.

June 15, 2015

Walmart Pay Hike May Put Pressure On Other Low-Paying Industries

Higher wages at Walmart should mean less turnover and disappointment for workers.

February 20, 2015

Pot Legalization Spreads Through The West And Into D.C.

Even on a year where Democrats were “trounced at the polls”, reform of marijuana and criminal justice policies got support on the ballot in Oregon, Alaska, and Washington D.C.

November 5, 2014

Despite Petition, Toys ‘R’ Us Won’t Pull ‘Breaking Bad’ Action Figures

Toys ‘R’ Us has no plans to stop selling Breaking Bad figurines that some customers believe to be controversial.

October 21, 2014

U.S. Stocks Lower After Disappointing Jobs Report

New York (AFP) — Wall Street stocks Friday moved lower in early trade after the Labor Department reported the U.S. economy added just 142,000 jobs in August. About 50 minutes into trade, the Dow Jones Industrial Average dropped 35.69 points (0.21 percent) to 17,033.89. The broad-based S&P 500 shed 4.30 (0.22 percent) to 1,993.35, while […]

September 5, 2014

First Target, Now Albertsons SuperValu Are Hacked

New York (AFP) — The U.S. retail chain Albertsons, which has 1,060 department stores in the United States, and its former owner SuperValu say their computer systems have been raided by hackers seeking credit card data. Both companies acknowledged the intrusion in statements released overnight Thursday. They said it was not yet clear if credit […]

August 15, 2014

U.S. Retail Sales Surge 1.1 Percent In March

Washington (AFP) – U.S. retail sales leaped higher in March, giving further evidence of stronger economic activity after a particularly brutal winter, government data showed Monday. Retail and food services sales surged 1.1 percent from February to $433.9 billion, slightly above the average analyst estimate, according to the Commerce Department. The February gain was revised […]

April 14, 2014

Sarah Jessica Parker Launches Shoe Line At Nordstrom

By Nicole Brodeur, The Seattle Times SEATTLE — She’s tiny. Can barely finish a plate of berries. She’s left-handed. Says things like “No. Way.” And to every person who approached her at the downtown Nordstrom shoe department last week, she extended a hand. “I’m Sarah Jessica,” she said. “Very nice to meet you.” Sex and […]

March 12, 2014

U.S. Retail Sales Sag In January

Washington (AFP) – U.S. retail sales fell unexpectedly for the second straight month in January, dragged down by a drop in auto sales, government data showed Thursday. Retail and food service sales dropped 0.4 percent from December, the Commerce Department said. Excluding auto sales, retail sales were flat in January. Sales of motor vehicles and […]

February 13, 2014