Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Sean “Diddy” Combs is seeking to dismiss certain claims made against him in a November sexual assault lawsuit.
Deep discounts during the Thanksgiving weekend enticed U.S. shoppers to splurge about $38 billion online.