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Major US retailers expressed their opposition to the settlement in a series of filings, claiming that Visa and Mastercard have artificially inflated certain fees on merchants in transactions involving consumers’ credit or debit cards. Read more. ....
US Retailers: The BRC said spending in its members stores increased 2.7% in annual terms last month, well below the 4.2% rise a year ago, and similar to the 2.5% increase in October. The BRC data is not adjusted for inflation, so November s sales growth represents a fall in the volume of goods purchased. ....
Us Retailers: Early estimates on holiday shopping have been encouraging to some investors after retailers sounded cautious notes in the lead-up to the season. Online sales in the U.S. during the five-day period from Thanksgiving through Cyber Monday hit a record $38 billion, according to Adobe Analytics, while the National Retail Federation said more than 200 million people shopped both in-store and online during the holiday weekend, surpassing estimates. ....
NEW YORK, Nov 25 Shoppers took to stores across the world on a Black Friday that appeared subdued compared with prior years, looking for discounted electronics, clothing and. ....
Economic demand in the United States has slowed, as October s retail sales figures showed. Numerous retailers said on Tuesday that holiday outlook is mixed after a choppy start to the fourth quarter, when most Americans gear up for Christmas shopping. Retailers plan to lean on competitive promotions and kicked off holiday deals early to motivate customers to open up their wallets during the Thanksgiving weekend. ....