Archive for the ‘retail’ tag
December Sales
Unsurprisingly, December sales in most retail stores were quite soft - and this time the impact didn’t spare discount retailers such as Wal-Mart, who have been rising above the competition because of their low prices:
Following the worst set of data in decades for November, sales were expected to be nearly as bad for December, thanks [...]
Did Black Friday Save Retail?
Black Friday turned out to be more successful than most had thought - retail sales had jumped 3% from the year before. Anything that shows growth instead of a contraction can surely be counted a success.
But is it enough to save retail this quarter? It doesn’t look like it. According to new data released by MasterCard SpendingPulse, [...]
