Thanksgiving news and archive

US retail sales bounce back in October ahead of forecasted ‘record’ Thanksgiving weekend

Things seem to be looking up for the US retail sector, which bounced back “strongly” in October according to new figures released by the CNBC/National Retail Federation (NRF) Retail Monitor. According to the report, total retail sales were up 0.74 percent seasonally adjusted month-over-month, and up 4.13 percent unadjusted year-over-year in the...

Retail

Consumers intend to spend 470 dollars over Thanksgiving weekend

Consumers are estimated to spend 470 dollars on holiday items in the period beginning with Thanksgiving and ending with Cyber Monday, according to a recent survey. The new ICSC Thanksgiving Weekend Intentions survey represented a sample of 1,002 US respondents. The data revealed that 91 percent of consumers will make purchases from retailers...