Archive for the ‘Retail’ Category

Sales of Retail Store in Japan fall 8.5%

Sales of Retail Store in Japan fall 8.5%

The ministry of economy, trade and industry reported that sales on retail stores in Japan in March dropped 8.5 percent from a previous year. The retail stores reported their deepest decline in 13 years in the business last month as the destructive quake and tsunami weakened customer response. The ministry also said that it was [...]

Retail stores reported 1.7 sales increase

Retail stores reported 1.7 sales increase

Retail stores reported a surprisingly sales increase of 1.7 percent last March in spite of the increasing prices of gas, high rate of unemployment and a later Easter. Experts said that  they were amazed to see an increase as they are expecting a 0.7 percent drop in retail sales. People hit the malls last month [...]

Retail group expects 107 M shoppers on Cyber Monday

Cyber Monday

A retail group claimed that an expected 107 million shoppers went online to look for best deals on Cyber Monday. Furthermore, the National Retail Federation (NFR) estimated that shoppers will increase ten percent this year compared with last year and experts are likely to give estimation of how much money online shoppers will spend today. [...]

NRF says individual spends $365 over Thanksgiving weekend

Thanksgiving weekend

According to National Retail Federation (NRF), the average amount spent of by individual over Thanksgiving weekend was almost $365. The average total is more than six percent more than the total spending last year. NRF, a trade group that reported the results Sunday, surveyed almost 4,300 people in the United States. Furthermore, more Americans went [...]

Retailers curb discounts following Black Friday

Retailers curb discounts

Retailers cut back their discounts on Saturday, a day after Black Friday started the holiday shopping season. In addition, according to ShopperTrak, in spite of the mayhem shoppers faced during the Black Friday, volume of sales following Thanksgiving increased and it proved that more shoppers lend their money for the best deals and wide range [...]