Macy’s to Close 150 Locations After Sales, Shares Drop
Macy's, a major US department store chain, plans to close 65 stores by the end of 2024, and a total of 150 stores over the next three years. Wednesday, Q3 2024 Financial report“We expect to close approximately 65 stores this year, which is higher than our prior expectations of 55 stores and 50 stores at […]
Black Friday in December: 12 Amazon Black Friday sales back for the holiday season
Great discounts on a variety of Amazon products. (image) Did you miss this year's Black Friday sales? Well, here's some good news. Select sales will resume until December 16th. Many brands you can find on Amazon are back with their Black Friday sales, so you have time to stock up on Christmas gifts and gifts […]
Missed holiday sales? Costco’s electronics trade-in program can provide extra shopping cash
Costco has an electronics trade-in program that allows consumers to save money when shopping at the company's warehouse stores. Under this program, retailers trade in eligible devices and provide the owner with a physical or digital Costco Shop Card equal to the value of the electronic device. Costco is partnering with Phobio to offer the […]
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced new proposals aimed at cracking down on data brokers who sell Americans' confidential information. The agency said that under the proposed rule, it aims to ensure compliance with existing privacy laws by treating data brokers as “consumer reporting agencies.” “Companies such as national consumer reporting agencies […]
Bible Sales Are Booming in the U.S., New Data Shows ‘They’re Looking for Hope’
Smartphones and high-tech gadgets may dominate modern life, but timeless biblical truths are making a remarkable comeback in the United States. According to book tracking data from Circana BookScan, sales of Bibles in the United States are up 22% this year compared to the same period last year. wall street journal. The data includes sales […]
Online sales surge to record-setting $10.8B on Black Friday as stores see thin crowds
Americans shopped freely on Black Friday as online spending soared to a record $10.8 billion. According to data provided by Adobe Analytics, that sales figure includes a breathtaking $11.3 million spent every minute between 10 a.m. and 2 p.m. the day after Thanksgiving, when most purchases were made. Customers were reportedly using their mobile phones […]
UK could loosen EV rules to allow sales of Prius-style hybrids until 2035 | Automotive industry
Carmakers could be allowed to sell Toyota Prius hybrid models in the UK until 2035, as the government considers ways to ease rules on the sale of electric cars. Earlier this week, the government launched an emergency consultation to decide what types of electric cars carmakers can sell after a new ban on petrol and […]
UK retail footfall dips again as Storm Bert and later Black Friday hit sales | Retail industry
The number of shoppers going out in the UK in November fell for the second consecutive month as late Black Friday discounts, Stormbart and weak consumer confidence led to weaker sales. Latest data from the British Retail Consortium (BRC) and Sensormatic shows shopping centers were the worst hit, but visitor numbers to high streets and […]
Black Friday, Cyber Monday sales expected to break records
The weekend, which runs from Black Friday to Cyber Monday, is expected to break records this year as shoppers, hit by inflation and waiting for deals, take advantage of deals online and in stores. US retail sales are expected to reach a record $75 billion between Black Friday and Cyber Monday, according to Bain's Black […]
New home sales plummet 17% to 2-year low amid high mortgage rates
Sales of new single-family homes in the U.S. fell to the lowest level in nearly two years in October, likely due to buyers being hesitant due to rising mortgage rates and activity disrupted by hurricanes. It will be done. New home sales fell a seasonally adjusted annual rate of 17.3% to 610,000 units last month, […]