consumer spending

People walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan. Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. The company once dominated the American landscape, but whether a smaller Sears can be viable remains in questionSears, Overland Park, USA - 07 Jul 2017

Retail

Weak Sales at ‘B’ Malls, Store Closures Gives Fitch Ratings the Jitters

The firm said negative ratings on certain retail loans will impact commercial, mortgage-backed securities.

clock April 3, 2019Arthur Zaczkiewicz

A Chinese consumer walks in a shopping mall in Beijing, China, 16 November 2018. China's consumer price index (CPI), a main gauge of inflation, rose 2.5 percent year-on-year in October, according to the National Bureau of Statistics (NBS).China economy consumption, Beijing - 16 Nov 2018

Retail

What Trade War? The Chinese Consumer Is Back

A stronger RMB and relaxed visa rules are fueling more shopping abroad, while a revival at home is also in the cards.

clock April 2, 2019Kathryn Hopkins

A shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for JuneRetail Sales, San Francisco, USA - 03 Jul 2018

Government and Trade

Weak Retail Sales Add to Confusion Over Economy

February’s numbers were worse than economists had been expecting.

clock April 1, 2019Kathryn Hopkins

shutterstock_1327011245

Business Features

Guess What Shoppers Buy When Drunk

The third annual report from personal finance site, Finder.com, included online and in-store purchases.

clock March 18, 2019Arthur Zaczkiewicz

Thrilling is the "first-ever dedicated e-commerce platform for secondhand clothing."

Retail

First E-comm Thrift Shop ‘Thrilling’ Announces Stylist Collaboration

L.A.-based Thrilling partners with celebrity stylist Ali Mandelkorn and Goodwill SoCal to push special causes without discarding fashion.

clock March 15, 2019Kaley Roshitsh

Chrry Creek Mall, discounts, Cherry Creek Mall. Discount placards stand in the window of a shoe store as last-minute shoppers finish up their Christmas gift lists at the Cherry Creek Mall, in Denver. Retailers were offering ample discounts plus even more price cuts to those shoppers who ventured out with the holiday loomingChristmas Shoppers, Denver, USA - 24 Dec 2018

Government and Trade

Holiday Spending Comes Up Worse Than Expected

Government data has been revised to show a bigger December drop.

clock March 11, 2019Kathryn Hopkins

Bridget Brennan is author of "Winning Her Business."

Retail

Women Have the (Spending) Power

It’s not just ThirdLove and Stitch Fix aligning with authentic marketing, as any retailer must realize the “multiplier effect” of women.

clock March 8, 2019Kaley Roshitsh

The new Yelp feature helps identify women-owned business.

Business Features

Yelp Partners With Rebecca Minkoff to Highlight Women-Owned Businesses

The new page attribute launching today is in celebration of women-owned businesses, helping to readily identify them on the site.

clock March 1, 2019Kaley Roshitsh

A package from Amazon Prime is loaded for delivery on a UPS truck, in New York. Amazon is extending its annual "Prime Day" promotion to 30 hours this year. Amazon will offer discounts and other deals in an effort to boost sales during the slower summer months. This year's Prime Day will start at 9 p.m. ET on July 10, 2017. While Amazon has claimed success, there have been grumblings that Prime Day deals have been unimpressive or involve older modelsTEC--Amazon-Prime Day, New York, USA - 09 May 2017

Retail

Primed and Ready: Survey Reveals Preferences of Amazon Members

A consumer survey by AlixPartners revealed insights into subscription behavior.

clock February 20, 2019Arthur Zaczkiewicz

macy's holiday sales

Retail

Telsey’s ‘Tale of Fundamentals’ for Department Stores

The research firm said lower tax refunds could hurt consumer spending.

clock February 19, 2019Arthur Zaczkiewicz

consumer spending

Retail

Analysts: Retailers Need Steady Cash Flow, Strong ‘Omnichannel’ Strategy

Successful retailers will be leveraging technology in stores and online to maintain sales and profits.

clock February 19, 2019Arthur Zaczkiewicz

Traders work on the floor of the New York Stock Exchange at the end of the day in New York, New York, USA, on 12 February 2019. The Dow Jones industrial average gained over 370 points today partly in response to news that United States legislators have put together a deal to avoid another government shutdown.New York Stock Exchange, USA - 12 Feb 2019

Financial

Weak Retail Sales Data Paints Puzzling Picture

The official December numbers came in much worse than expected.

clock February 14, 2019Kathryn Hopkins

Destination weddings, once unaffordable, are now in demand.

Markets

How are Consumers Budgeting for Destination Weddings?

Kimberly Richmond, founder of Runaway Bride Destination Weddings, explains how consumers can budget for their dream destination wedding.

clock February 4, 2019Kaley Roshitsh

Target Store On this photo, a Target store advertises for employment, in Daly City, Calif. Retailers including Toys R Us, Pier 1 and Borders plan to hire more temporary holiday workers this season than last year, emboldened by several months of sales gains and a slowly improving economy. While such jobs will be an early Christmas present for some of America's unemployed, they're unlikely to make a dent in the stubbornly high unemployment rateHoliday Hiring, Daly City, USA

Financial

Jobs Gains Smash Wall Street Estimates

The larger-than-expected gain now puts the prospect of interest rate increases back on the table.

clock February 1, 2019Kathryn Hopkins

Federal Reserve Chairman Jerome Powell speaks at a news conference, in Washington. The Federal Reserve is keeping its key interest rate unchanged and promising to be "patient." It is signaling it could leave rates alone in coming months given muted inflationFederal Reserve Powell, Washington, USA - 30 Jan 2019

Financial

Retailers Can Breathe a Sigh of Relief Over Interest Rates

The Federal Reserve held rates, insisting it would be “patient” when it comes to further rises.

clock January 30, 2019Kathryn Hopkins

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Business

Digital Download: Ex-Snap Exec's Verishop, a Market for Millennials

clock 11hAdriana Lee

Social Studies