NEWS ABOUT: retail sales

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Chill Out, Activists: Working Black Friday Is Fun

There are other ways to fight for retail employees: Angela Harmon

(Newser) - People like to hate on Black Friday and its gradual encroachment onto Thanksgiving, often "offering righteous indignation on behalf of retail workers who can’t spend the holiday with their families," writes Angela Harmon on Salon . But as a former retail employee who volunteered to work the midnight... More »

Do Not Buy These 6 Things on Black Friday

24/7 Wall St. lists the worst deals of retail's busiest day

(Newser) - You may be looking to spend less this holiday season—a Gallup poll says buyers will shell out an average $704 on presents, down from $770 last year—so 24/7 Wall St. wants to help you out. In order to get the most bang for your buck this Black Friday,... More »

Black Thursday Banned in 3 States

No Thanksgiving Day shopping in Mass., RI, Maine

(Newser) - The spread of Thanksgiving Day shopping has created a lot of fuss this year, but it's not a big issue in Rhode Island, Maine, or Massachusetts—because it's illegal. The three New England states have "blue laws" dating back to colonial times that ban shopping on Thanksgiving... More »

Tsarnaev Doubles Sales of Rolling Stone

Boycott no match for the controversial issue

(Newser) - Further proof that a good furor can gin up business: Despite a boycott that saw some retailers yank the issue from shelves, Rolling Stone's "Boston Bomber" cover featuring Dzhokhar Tsarnaev was a hit on newsstands, selling twice as many issues as usual, Ad Week reports. The mag unloaded... More »

Tax-Free Online Shopping Hits the Chopping Block

Senate votes 74 to 20 to take up bill that could spell the end

(Newser) - The halcyon days of widespread tax-free online shopping may be numbered. The Senate yesterday voted 74 to 20 to take up a bill that would let states require Internet retailers to collect sales tax, the AP reports. It could be passed within the week, though it may have a tougher... More »

Mass Layoffs Backfired in JCPenney Overhaul

Slashing headcount wasn't one of Ron Johnson's better ideas

(Newser) - Of all the missteps that led to the plunge in sales at JCPenney and the exit of CEO Ron Johnson , the mass layoffs Johnson instigated may have been the most damaging, the Wall Street Journal reports. The firm's average 150,000 full- and part-time workers had been gutted to... More »

Store Institutes $5 'Just Looking' Fee

'I'm not here to dispense a charity service for Coles and Woolworths'

(Newser) - Attention, showroomers : An Australia specialty food store has implemented a $5 fee for "just looking." Two Reddit users brought attention to the Celiac Supplies store, posting photos of a sign out front explaining the policy, which promises to deduct the $5 when customers buy something. "There has... More »

US Retail Sales Rise 0.5%

Holiday sales indicate that no one was worried about fiscal cliff

(Newser) - US consumers increased their spending at retail businesses in December, buying more autos, furniture, and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potential tax increases. The Commerce Department said today that retail sales rose 0.5% in December from November,... More »

Soft Demand? Apple Reins In iPhone Orders

Market share slipping, firm orders half the number of screens it had intended

(Newser) - The iPhone 5 may not be selling quite so well as Apple planned. Insiders tell the Wall Street Journal that lower demand has prompted the company to cut parts orders for the January-March quarter. Apple is reportedly ordering just half the screens it had intended to order, a move that... More »

'Cyber Monday' Set to Smash Records

Online sales expected to hit $1.5B

(Newser) - Black Friday sales were down year-on-year , but this year's Cyber Monday is expected to be the biggest online shopping day in history. Spending on the year's most important day for online sales is expected to top last year's $1.25 billion by around 20% to hit $1.... More »

Black Friday: Traffic Up, Sales Down

Thanks to Thursday store openings

(Newser) - There were nearly 308 million store visits on Black Friday this year, a 3.5% increase from last year, but sales were down 1.8% to $11.2 billion, according to a ShopperTrak analysis. Why? Blame stores that actually opened on Thursday night, CNN reports. "While foot traffic did... More »

US Retail Sales Jumped 1.1% in September

iPhone 5 plays big role

(Newser) - Americans stepped up their retail spending in September, reflecting stronger sales of autos, electronics, and building supplies. Retail sales rose 1.1% last month, the Commerce Department said today. That followed a 1.2% increase in August, which was revised slightly higher. Both were the largest gains since October 2010.... More »

How Apple Trains Its 'Geniuses' to Play You

A look inside a profoundly weird and ambitious training manual

(Newser) - Being an Apple Store "genius" takes more than technical know-how—it takes a company-provided crash course in psychology. Over at Gizmodo, Sam Biddle got hold of the Genius Training Student Workbook, a stunning volume full of stringent rules on how to interact with customers and each other, up to... More »

AT&T Builds Huge Apple-Esque Store

Chicago store will be 10,000 square feet, show off more than phones

(Newser) - AT&T is revamping its retail strategy in grand style, with a new 10,000-square-foot flagship store on Chicago's "Magnificent Mile" that will show off not just phones and tablets, but fitness applications and even "smartcar" features, Bloomberg reports. Apple comparisons are inevitable, but "we are... More »

In Price War With Walmart, Target Pulls Ahead

Cuts in food prices give Target biggest lead ever

(Newser) - Watch for falling prices, Walmart—they might hit you. Target had lower prices than its arch-rival this month for the first time since October, research from Bloomberg has concluded. Indeed, Target won out by the largest margin yet seen in the two years Bloomberg has been tracking the numbers. The... More »

Why June's Falling Retail Sales Matter

Because drop marks the first 3-month decline since 2008

(Newser) - Americans cut their spending at retail businesses for a third straight month, as a weak job market has made consumers more cautious. The Commerce Department says retail sales fell 0.5% in June from May. That followed declines of 0.2% and 0.5% in the previous two months. It... More »

New E-Sales Taxes Looming

Taxes level playing field for bricks-and-mortar retailers

(Newser) - Bricks-and-mortar retailers are cheering as states are increasingly moving to tax online retailers the same as physical-world stores, reports the Washington Post . With online shopping reaching $200 billion last year and jumping 15% in the first quarter of 2012, online sales taxes would be no small figure—one group estimated... More »

Why JCPenney's No-Coupon Experiment Is a Bust

People actually like sales, coupons: Brad Tuttle

(Newser) - JCPenney’s new plan —stop offering huge markdowns on inflated, “fake prices” in order to offer “fair and square” pricing—sounds good in theory. Prices start at least 40% lower than they had been, with no need for customers to take advantage of sales or coupons... More »

Peeved at Amazon, Target Yanks Kindle

Chain sick of customers checking out products before buying them on Amazon

(Newser) - In a sign of rising tension between online stores and their bricks-and-mortar counterparts, Target says it is going to stop selling Amazon's Kindle products. The company, one of the biggest offline sellers of Amazon's e-readers and tablets, has become fed up with shoppers using its stores as a... More »

Slashed Prices Signal Retailer Worries

Chains hoping deep discounts will move merchandise

(Newser) - While store bargains may have shoppers saying "ho, ho, ho," they've got retailers thinking: "Oh-oh." Heavy discounts in the last days before Christmas are a signal companies are worried they'll be stuck with inventory that isn't moving off the shelves. Retailers had high... More »

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