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Last-minute holiday shoppers boost U.S. sales

Last-minute holiday shoppers boost U.S. sales

More last-minute shoppers flocked to stores this year on the final Saturday before Christmas than last year, but spending is expected to be even higher late this week.

 

Online Holiday Retail Spend Up 12% Through Dec. 17

Holiday online retail spending for the 47 days of the shopping season through December 17 totaled $27.46 billion, according to new data from ComScore, up 12% from the comparable period a year ago. Sales in the latest week were $5.15 billion, up 14% from the comparable week last year.

 

Best Buy overestimates holiday shoppers' appetite

Shoppers ignored Best Buy Co Inc's promotion of pricey 3D televisions and other high-end gadgets this holiday season as they chased bargains elsewhere, hammering the company's profits.

 

Retail sales surge

Retail sales surge

Retail sales were solidly higher in November, the government reported Tuesday, fueled in part by deep discounting on holiday merchandise.

 

U.S. Online Holiday Retail Sales Up 12% Vs. Year Ago

U.S. online retail sales through the first 40 days of the 2010 holiday shopping season are up 12% from a year ago, according to a Sunday update from ComScore.

 

U.S. Rescues Saved 1,000 Credit Unions

U.S. rescues prevented the failure of about 1,000 consumer credit unions, a regulator said Thursday, as the government stabilized three wholesale credit unions crucial to the retail system.

 

Dollar Stores Are Taking Walmart's Lunch Money

Dollar Stores Are Taking Walmart's Lunch Money

Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart for the tighter aisles of their local dollar stores.

 

UPS to require photo IDs for shipping packages

UPS to require photo IDs for shipping packages

UPS is now requiring photo identification from customers shipping packages at retail locations around the world, a month after explosives made its way on to one of the company's...

 

Justices to take up big Wal-Mart suit

Justices to take up big Wal-Mart suit

The Supreme Court has agreed to decide whether to certify the largest class-action employment lawsuit in U.S. history, a long-standing dispute against mega-retailer Wal-Mart Stores Inc. over alleged gender bias in pay and promotions.

 

U.S. Retail Chains Report a Robust November

The results released reinforced reports over the weekend that consumers shopped, spent and were buying non-necessities again.

 

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