Retailers May Be Taking A More Staggered Approach to Holiday Hiring
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Retail investors flock to gilts in first two weeks of 2025
Platforms report surge in sales to take advantage of CGT exemptionFinancial Times - Jan. 16 -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - Jan. 16 -
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.MarketWatch - Jan. 16 -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - Jan. 16 -
Fetterman's approach to Trump stirs speculation
Sen. John Fetterman’s (D-Pa.) open-minded approach to President-elect Trump is fueling questions about his motives and vexing some of his fellow Democrats. In the wake of Trump’s victory in ...The Hill - Jan. 16 -
One of the world’s greatest religious spectacles is underway and the numbers are staggering
Yahoo News - Jan. 15 -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - Jan. 15 -
Lucy Walker made a searing film about wildfires in 2021. Now, people may be more inclined to listen
When Lucy Walker debuted her harrowing documentary about California wildfires, “Bring Your Own Brigade,” at Sundance in 2021, it was during peak COVIDABC News - Jan. 14 -
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.MarketWatch - Jan. 14 -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - Jan. 13 -
Google Joins the AI Shopping Revolution With Agent Tools for Retailers
The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.Inc. - Jan. 13 -
Scam artists may take advantage of the Los Angeles wildfires, officials warn
As wildfires continue to blaze across Los Angeles County, authorities are sounding the alarm on another potential threat to the public: scams relating to the disaster.ABC News - Jan. 13 -
Why you may be paying to help make the mattress industry more eco-friendly
Oregon began levying a $22.50 fee in 2025 on consumers who buy a mattress. It's the fourth state to adopt such a policy, to help fund recycling efforts.CNBC - Jan. 13 -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - Jan. 13 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Holiday Decorations in January? A Tennessee Woman Is Going to Court for Them.
A Tennessee woman’s plan to update her supersize skeletons for various holidays ran afoul of local law, but she has no plans to take them down.The New York Times - Jan. 11 -
‘Approaching the Light’: Peter Fenwick and Stories of Near-Death Experiences
Dr. Fenwick, a neuropsychiatrist, assembled anecdotes from more than 300 people in his book “The Truth in the Light.” Here are some of them.The New York Times - Jan. 10 -
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation riseFinancial Times - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - Jan. 10 -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - Jan. 10 -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - Jan. 10 -
Vance resigns his Senate seat as inauguration with Trump approaches
Vice President-elect JD Vance will resign his Senate seat at midnight Thursday, clearing the way for his Jan. 20 swearing-in alongside Donald Trump.NBC News - Jan. 10 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - Jan. 9 -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - Jan. 8 -
Fed officials saw need for ‘careful approach’ to future rate cuts
Minutes from December meeting show policymakers are concerned about US inflation risksFinancial Times - Jan. 8 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8 -
DeSantis will take more time to pick Rubio's replacement
DeSantis said he will appoint a Senate seat replacement around Inauguration Day.CBS News - Jan. 8 -
Nearly half of credit card users are carrying debt — it may take months, or years, to pay off
Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it could take years to pay off.CNBC - Jan. 8 -
Nursing home in Pasadena evacuated as thick smoke from wildfire approaches
Residents at the Pasadena Park Healthcare & Wellness Center in Pasadena, California, are being evacuated as the Eaton Fire grows nearby. KNBC's Macy Jenkins reports.NBC News - Jan. 8 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreakMarketWatch - Jan. 8 -
Ranking Every N.F.L. Team from First to Worst as the Playoffs Approach
There’s a new No. 1 team at the end of the regular season.The New York Times - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7