Journalist, New York
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Dec 5, 2013

Bargain-hunting dents U.S. retailers’ November sales

NEW YORK, Dec 5 (Reuters) – Several major U.S. retailers
posted disappointing sales for November after cautious shoppers
pinched their pennies at the start of a shorter holiday season.

Some of the companies that reported sales gains ramped up
bargains to bring in shoppers who appeared hesitant to splurge.

Dec 3, 2013

Early deals dilute Thanksgiving weekend sales: ShopperTrak

By Phil Wahba

(Reuters) – U.S. retailers rolled out holiday promotions earlier in November this year, denting sales growth over the Thanksgiving weekend that typically marks the beginning of the holiday spending period, according to data released on Tuesday by ShopperTrak.

Online sales soared, lifted by the growing use of mobile devices to both browse and purchase items, benefiting e-commerce leaders Amazon.com Inc (AMZN.O: Quote, Profile, Research, Stock Buzz) and eBay Inc (EBAY.O: Quote, Profile, Research, Stock Buzz).

Dec 3, 2013

Early deals dilute U.S. Thanksgiving weekend sales -ShopperTrak

Dec 3 (Reuters) – U.S. retailers rolled out holiday
promotions earlier in November this year, denting sales growth
over the Thanksgiving weekend that typically marks the beginning
of the holiday spending period, according to data released on
Tuesday by ShopperTrak.

Online sales soared, lifted by the growing use of mobile
devices to both browse and purchase items, benefiting e-commerce
leaders Amazon.com Inc and eBay Inc.

Dec 3, 2013

‘Cyber Monday’ sales set to hit record as mobile grows

NEW YORK (Reuters) – U.S. online sales are expected to hit $2 billion (£1.2 billion) on “Cyber Monday,” for the first time since the data firm comScore began tracking such information.

Monday’s 20 percent increase is expected to come even after many consumers shopped earlier because retailers began offering online discounts on Sunday to compete with each other and online retail giant Amazon.com Inc.

Dec 2, 2013

‘Cyber Monday’ sales set to hit record: analysts

NEW YORK (Reuters) – U.S. online sales are expected to hit $2 billion on “Cyber Monday,” for the first time since the data firm comScore has been tracking such information.

A 20 percent increase is expected to come even after many consumers shopped earlier when retailers started offering their “Cyber Monday” deals on Sunday.

Dec 1, 2013

Holiday weekend sales dip on discounts; e-commerce jumps

NEW YORK (Reuters) – Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent less than they did a year earlier, according to data released Sunday by an industry group.

That could be an indication of a more difficult season for many retailers. One bright spot this weekend, according to the data, was e-commerce as online sales soared.

Nov 30, 2013

Fights, store evacuation mar U.S. holiday shopping rush

By Karen Brooks and Phil Wahba

(Reuters) – The post-Thanksgiving shopping rush sparked incidents of violence across the United States as a police officer was injured breaking up a fight, a shopper was shot in the leg over a TV and a Walmart was evacuated, according to police and media reports.

The holiday shopping incidents also included a suspected shoplifter shot by police in a Chicago suburb and a woman spitting on another woman’s child in an argument over baby clothes.

Nov 29, 2013

Store evacuation, fights mar U.S. holiday shopping rush

By Karen Brooks and Phil Wahba

(Reuters) – A police officer was injured while breaking up a fight outside a California Walmart, a shopper was shot in the leg over a TV in Las Vegas and a Walmart north of New York City was evacuated as the post-Thanksgiving shopping rush sparked incidents of violence across the nation, according to police and media reports.

The holiday shopping incidents also included a suspected shoplifter shot by police in a Chicago suburb and a woman spitting on another woman’s child in an argument over baby clothes.

Nov 29, 2013

Will U.S. Thanksgiving shopping binge become Black Friday hangover?

NEW YORK (Reuters) – An early start to this year’s U.S. holiday Shopping season may not necessarily ring-up bigger holiday sales for retailers.

Eager to entice cautious consumers, especially with six fewer shopping days this year than in 2012, many retailers offered sales on Thanksgiving, traditionally a day for family, friends and football games. Even Macy’s flagship store in New York opened at 8 p.m., the first time ever on the American holiday.

Nov 26, 2013

Barnes & Noble cost cuts reduce sting of sharp sales drop

Nov 26 (Reuters) – Barnes & Noble Inc, the largest
U.S. bookstore chain, on Tuesday reported a higher than expected
quarterly profit as it cut store workers’ hours scaled back its
money losing Nook business, helping it offset sharp sales
declines.

The bookseller reported an 8 percent drop in quarterly
revenue to $1.73 billion, below analyst estimates, hurt
primarily by its deteriorating digital books and Nook device
business, and a drop in business at its college campus
bookstores and at its namesake superstores.

    • About Phil

      "Phil Wahba joined Reuters in 2008 and has covered the exchanges, equity capital markets (IPOs), corporate bankruptcies and now covers retailers such as department stores and booksellers."
      Hometown:
      Montreal
      Joined Reuters:
      2008
      Languages:
      English, French, Spanish, German and Danish.
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