Retail group: Holiday sales up slower-than-expected 5.3%January 18, 2023 GMT
NEW YORK (AP) — Sales for the holiday 2022 season slowed more than expected from its blistering pace a year ago as higher borrowing costs and higher inflation made shoppers pull back, according to the nation's largest retail trade group.
Amazon says it had its biggest Thanksgiving shopping weekendNovember 30, 2022 GMT
NEW YORK (AP) — Amazon said Wednesday it had its biggest ever Thanksgiving holiday shopping weekend, aided by a record number of consumers looking for deals online amid high inflation.
The e-commerce company does not typically share how much it earns during its sales events and did not disclose its overall revenue from the weekend.
NRF: Holiday sales to slow from last year’s blistering paceNovember 3, 2022 GMT
NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, expects holiday sales growth will slow to a range of 6% to 8%, compared with the blistering 13.5% growth of a year ago.
Small businesses brace for cautious holiday shoppersOctober 16, 2022 GMT
NEW YORK (AP) — Small businesses are stocking the shelves early this holiday season and waiting to see how many gifts inflation-weary shoppers feel like giving.
Holiday shopping was relatively strong during the past two years as shoppers flocked online to spend, aided by pandemic stimulus dollars.
December retail sales slip after a record holiday seasonJanuary 14, 2022 GMT
NEW YORK (AP) — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Friday show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.
Cyber Monday caps holiday shopping weekend as virus lingersNovember 30, 2021 GMT
NEW YORK (AP) — Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.
Target to keep stores closed on Thanksgiving for goodNovember 22, 2021 GMT
NEW YORK (AP) — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic.
To limit crowds in stores, retailers last year were forced to turn what had become a weekend shopping blitz into an extended event, with big holiday discounts beginning as early as October.
Retail trade group: holiday sales could set new recordOctober 27, 2021 GMT
NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, expects that holiday sales gain could shatter last year's record-breaking season even as a snarled global supply chain slows the flow of goods and results in higher prices for a broad range of items.
Florida’s back-to-school sales tax holiday returnsJuly 31, 2021 GMT
ORLANDO, Fla. (AP) — Florida's back-to-school sales tax holiday returned this weekend with residents getting the levies waived for purchases of school supplies, clothing and computers.
The sales tax holiday on school-related items runs through Aug.
4 small-business innovations that will outlast the pandemicJune 10, 2021 GMT
Small businesses that survived the COVID-19 pandemic still face a long road to recovery, but some of the innovations business owners adopted last year may outlast the pandemic itself.
“If you make it through this, you ask, you learn, you adapt, and I think it only makes you stronger,” says Keith Hall, president and CEO of the National Association for the Self-Employed.
Mixed finish for US stock indexes over weak retail salesFebruary 14, 2019 GMT
U.S. stock indexes clawed most of the way back from an early slide Thursday to finish mostly lower, ending a four-day winning streak for the benchmark S&P 500 index...
Serena Williams talks fashion, not fouls at Las Vegas eventSeptember 15, 2018 GMT
LAS VEGAS (AP) — Serena Williams talked about her fashion business and her family, but not tennis fouls during a Friday appearance before a business trade group in Las Vegas...
Cross items off your back-to-school list with these tipsJuly 10, 2018 GMT
Once upon a time, kids went to school with a backpack, a lunch pail and a pencil. Now, school supply lists seem a mile long, and parents anticipate a stack of receipts a mile high...