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Brick-and-Mortar Stores Strike Back Against Online Retailers
Tuesday, November 26, 2013 - 1:44pm | 595Read More...Shoppers looking to avoid long lines and physically draining shopping experiences have started to shift away from brick-and-mortar retailers and more towards online shopping. Even the shoppers who travel to stores are “showrooming," a practice in which the shoppers examine and test out products...
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Mobile Commerce Rulers: Amazon, eBay & Wal-Mart
Tuesday, November 26, 2013 - 12:46pm | 610Read More...According to a new Business Insider Intelligence Report, the three top mobile commerce operators in the U.S., Amazon (NASDAQ: AMZN), eBay (NASDAQ: EBAY), and Wal-Mart (NYSE: WMT) have all but solved the secret of mobile engagement. Interestingly, each company uses mobile in ways that provide...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904Read More...The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Wal-Mart Names Doug McMillon as New CEO
Monday, November 25, 2013 - 2:55pm | 369Read More...Doug McMillon, head of Wal-Mart Stores (NYSE: WMT) international business, is set to replace Mike Duke as the company's chief executive officer early next year. Various news sources on Monday reported that the 47-year-old McMillon will succeed the 63-year-old Duke to become the fourth CEO of Wal-...
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Wal-Mart's Plan to Avoid Fist Fights and Other Forms of Violence on Black Friday
Wednesday, November 20, 2013 - 2:57pm | 574Read More...Black Friday can be a public relations nightmare. Just ask Wal-Mart (NYSE: WMT). The volatile mix of huge discounts on popular items and the sometimes-unruly crowds they attract can lead to chaos – even violence. Last year, Business Insider pointed out, two people were shot after a fight over...
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Apple Reduces iPhone 5C Orders By 50% From One Supplier
Wednesday, November 20, 2013 - 11:36am | 592Read More...Yet another sign that Apple's (NASDAQ: AAPL) plastic iPhone is not performing well at retail. According to DigiTimes, Pegatron (the chief manufacturer of the iPhone 5C) has had its orders reduced by more than 50 percent. This is especially significant because Pegatron has reportedly received 70...
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Some Say Pre-Thanksgiving Sales Push May Not Be Effective
Tuesday, November 19, 2013 - 1:32pm | 634Read More...Black Friday, as the official start of the holiday shopping season, is over. Thanks to a shortened holiday calendar with only four weeks between Thanksgiving and Christmas (not to mention the fact Hanukkah begins November 27), many retailers had already planned an early start to this important...
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Market Wrap For November 14: We Have A New Fed Chair!
Thursday, November 14, 2013 - 5:38pm | 1641Read More...After much anticipation, Janet Yellen was officially nominated as Federal Reserve Chairperson this morning. Yellen offered no surprises during her testimony, which was prepared in advance and made public last night. U.S. markets, as expected, edged slightly higher to continue the rally that was...
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Hiring Vets Seen as a Smart Move for Tech Companies
Monday, November 11, 2013 - 11:04am | 673Read More...Hiring military veterans isn’t just a “feel good” move, it’s also a “smart” move. Especially in the tech sector, according to speakers in a presentation at Google (NASDAQ: GOOG) headquarters in New York Friday. Many “hire a veteran” efforts emphasize the debt owed to returning servicemen and...
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Abbreviated Holiday Season Will Cost Stores $1.5 Billion
Wednesday, November 6, 2013 - 12:49pm | 588Read More...If you are wondering why more retailers are opening on Thanksgiving Day this year, the calendar might have a lot to do with it. Thanksgiving is on November 28, the latest it has been since 2002. That means six fewer days between Thanksgiving and Christmas and that translates to about $1.5...
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Will Kmart's 41-Hour Thanksgiving Shop-a-thon Be Enough?
Tuesday, November 5, 2013 - 12:11pm | 737Read More...Sears Holdings (NASDAQ: SHLD) owned, Kmart will open at 6 a.m. Thanksgiving Day and stay open for 41 consecutive hours until 11 p.m. on Black Friday. To date, this decision represents the earliest Thanksgiving Day opening of any major retailer yet. Black Friday as the traditional beginning of...
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Black Friday's Hottest Tech Deals: iPad Air, PlayStation 4 Games And More
Sunday, November 3, 2013 - 5:27pm | 801Read More...In roughly four weeks, consumers from all across America will stay up late, fight through massive crowds and endure atrociously long lines to save a few bucks. If you are one of the millions of consumers who intend to do just that, start your Black Friday journey by perusing this list of hot deals...
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Food Stamp Cuts Affect Retailers and Consumers
Friday, November 1, 2013 - 10:52am | 573Read More...With the expiration Friday of $16 billion in Supplemental Nutrition Assistance Program, or SNAP, benefits first enacted in 2009, approximately 48 million Americans will see cuts in their food stamp benefits. The cuts, which average $36 a month for a family of four, will not just affect those...
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Hold Your Carts; Analysts Say Holiday Shopping Will Be Cheapest in December
Friday, October 18, 2013 - 3:30pm | 631Read More...Holiday shopping season is starting to roll around, and retailers already have made their move. Many popular shopping destinations such as Wal-Mart (NYSE: WMT) and Target (NYSE: TGT) have been printing their "hot toy" lists earlier each year in hopes the merchandise will sell out earlier -- so...
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Halloween Business is Big Business
Friday, October 18, 2013 - 8:01am | 566Read More...This year, by October 31, 158 million Americans will have spent close to $7 billion on scary stuff. This will include scary decorations, scary costumes, and if you believe most health experts, scary candy. All this according to the National Retail Federation Halloween Spending Survey conducted...
















