This year is set to be a banner year for ecommerce as online sales for Thanksgiving weekend increased 22% from last year. Meanwhile, retail sales fall.
Tags: National Retail Federation
Starbucks upbeat on record gift card sales on Christmas Eve
Starbucks Corp is banking on gift card strategy to boost business volume this holiday season. The American Coffee company is expecting a record number of gift-card purchases on Christmas Eve. The gift-card business is propelling more traffic and loyalty to Starbucks cafes.
6 tips to avoid over spending
Holiday occasions bring smiles and enthusiasm in thousands of people as they celebrate by exchanging gifts and inviting people for a feast. This sometimes can lead to overspending, thus making a household budget jeopardized.
Going back to school is expensive to both parents and teachers: study
The National Retail Federation predicted that a regular household will spend more than $600 this year for school supplies. The amount is said have reduced from last year's spending.
U.S. retailers likely to just meet holiday sales forecasts: experts
U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc (AMZN.O).
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Troubled delivery service US Postal Service said it is hoping the surge in 2013's holiday online shopping and gift-sending would generate more revenue for the company through its partnership with Amazon.com and Sunday package deliveries.
The National Retail Federation said the US retail sales would increase this holiday season by 3.9%. Retail sales in the US were expected to increase by 3.
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