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.
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.
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.
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.
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.
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.
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...
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...
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...
This could be a make-or-break holiday shopping season for some of America's retailers.
Economic conditions are good -- unemployment is the lowest it's been in 17 years, and credit is cheap and easily available.