Black Friday Gets Holiday Season Off to Energetic
Start
from The Washington Post
Consumers
swarmed the nation's stores over the weekend in search of deeply discounted
electronics and apparel, sending sales rising and giving retailers a little
Christmas cheer, according to early reports. Market research firm ShopperTrak
reported that sales on Black Friday grew 3 percent to about $10.6 billion. More
Online Retailers Offer Deals for Cyber Monday
from The Associated Press
Online
retailers are ramping up heavy-duty deals to turn skittish shoppers into buyers
today during "Cyber Monday" — but even so, online sales are expected to be
fairly flat after years of strong growth. "Cyber Monday," a term coined by the
trade group National Retail Federation in 2005 to describe the Monday after the
Thanksgiving holiday, is the unofficial kickoff for the busy online retail
season. More
Stock Futures Point Lower Ahead of Economic Data
from USA Today
Stocks appeared ready to
give back some of last week's big gains as investors, uneasy about the holiday
shopping season, awaited some key economic reports. Initial reports about the
start of holiday shopping pointed to sales that were better than some retailers
and analysts expected. More
Green Building Could Triple in Five Years
from Greener Buildings
A new study from
McGraw-Hill Construction says the potential for continued growth in the green
building market is huge and projects a possible tripling in the value of
eco-friendly construction starts to reach as much as $140 billion. More
Retail Faces a Long Season of Stress
from The Wall Street Journal
Economic
crisis has taken the splurge out of retail. The real draw for consumers is a
price tag that makes sense in a recession. Preliminary data showed a healthy
rise in retail spending over Thanksgiving weekend, the official start of the
holiday shopping season. More
Bare
Minimum
from Shopping Centers
Today
Manufacturers now have more legal power to set minimum
prices on their products, thanks to a Supreme Court ruling last year overturning
a century-old ban on the practice. The ruling could lead to higher prices for
consumers and make it harder for smaller retailers to compete. More
Restaurants Offering Holiday Deals to Boost Sales
from The Associated Press via CNN
Money
Shopping up an appetite? Restaurants, which have been hit
hard by the economic downturn, certainly hope so, is offering a $5 gift card to
the restaurant if you purchase $25 worth of cards. To entice shoppers, chains
are increasing their advertising during the holidays, offering freebies to
customers who take a break from the stores and giving discounts to anyone who
buys a gift card from the restaurant. More
In this Season's Credit Crunch, Holiday Shoppers are Resorting to
Layaway
from The Washington Post
There was once
a time, before credit cards blanketed the land, when shoppers had to pay for
their merchandise in full before taking it home. That new dress, or sofa or
washing machine, stayed at the store until, bit by bit, the bill was paid. They
called it layaway. More
Meijer Rewards Shoppers with Up to 20 Percent Off Groceries this
Holiday Season
from Reuters
The "Meijer Bonus" program
provides holiday shoppers with a coupon for 5 percent off their next grocery
purchase for every $100 spent on general merchandise or apparel items. Up to
four coupons can be acquired each shopping trip, and customers can "stack" up to
four coupons for a 20 percent maximum savings on their next grocery purchase.
More