NRF: October Retail Sales Resilient

The National Retail Federation reported that retail sales gained for the sixth month in a row during October, with sales higher than the same time last year as the U.S. economy continued to recover and consumers began their holiday shopping early.

J.C. Penney Begins Holiday Deals In Mid-October

J.C. Penney is kicking off holiday shopping in mid-October with new brands and deals to get customers in the spirit of saving, offering Black Friday pricing throughout November, and capping off with value on all holiday gifts through December.

Prosper: November Consumers Wary

Consumer sentiment remained unchanged in early November from early October, according to Prosper Insights & Analytics, with 42.7% of consumers saying they were confident or very confident in the prospects for the economy.