U.S. shoppers expect to spend 9.1 percent more on holiday gifts this year, with more consumers planning to buy gifts online than at discount stores for the first time ever, according to a survey from Deloitte LLP.
U.S. shoppers will trim their holiday budgets by about two percent as they wait to see how the government shutdown and fiscal impasse will affect the economy, according to the National Retail Federation.
Parents are turning to medical clinics run by companies like CVS Caremark Corp. and Walgreen Co. to treat their children for minor illnesses rather than their pediatricians because of the convenience, a study found.
North West Company Inc., the oldest Canadian grocer, is trading at a record high as its dominance of remote markets from the Arctic to the South Pacific shields it from U.S. competitors such as Target Corp.
Tiffany Slaney-Leigh, a 14-year-old in El Cerrito, California, says she’d love to get a laptop, an iPhone, three-inch wedge sneakers, mini dresses and a butterfly tattoo on her hip before starting ninth grade this fall.