An estimated 164 million people are planning to shop Thanksgiving Day through Cyber Monday, according to a survey from the National Retail Federation and Prosper Insights & Analytics.
Sears Holdings’ plans to stay in business while looking for a possible buyer was approved by a U.S. Bankruptcy Court on Thursday, November 15, despite objections by some creditors, according to a report by Reuters.
It was another tough quarter for J.C. Penney as sales for the three month period ended November 3 were down more than 5%.
Jetblack held a press reception on November 13 and conducted a public event the next day, all to help spread the word about its new shopping service, one that combines e-commerce and customized concierge-style attention, with texting the key communications link between shoppers and the business.
Bloomingdale’s has long offered its customers a broad selection of housewares. Now, the upscale department store is adding major appliances to its mix.
The much-rumored location of Amazon’s HQ2 is now official with Northern Virginia and New York City sharing the spoils.
The Home Depot exceeded Wall Street expectations in a third quarter when net earnings were $2.87 billion, or $2.51 per diluted share, versus $2.17 billion, or $1.84 per diluted share, in the year-previous quarter.