A record 189.6 million Americans went shopping over the five-day Thanksgiving weekend, the National Retail Federation said Tuesday, and most of them did their spending online. The new bar represents a 14 percent increase from last year, the industry lobbying group said. About 48 million consumers shopped only in stores, …
NEW YORK — Black Friday hit a record $7.4 billion in U.S. online sales as many shoppers spent the day clicking instead of lining up to buy. It was the second-biggest U.S. online sales day ever, behind 2018 Cyber Monday’s $7.9 billion, according to a survey of 80 of the …
US-inspired tradition branded as a day to grab a bargain — and destroy the planet. The U.S.-inspired sales day that has shops splashing big discounts to bring out the crowds is falling out of fashion in Europe. For many people, Black Friday is the best day of the year to …
A world-renowned sushi restaurant where Barack Obama dined has been dropped from the Michelin gourmet guide. Sukiyabashi Jiro, focus of the 2011 documentary Jiro Dreams Of Sushi, has earned three Michelin stars every year since 2007. But the Tokyo restaurant has been dropped from the 2020 guide because it no …
Louis Vuitton owner eyes revamp of U.S. jeweler after purchase Bernard Arnault strikes his biggest takeover deal yet France’s richest man is adding the biggest jewel yet to his collection, as Bernard Arnault clinched a deal to buy Tiffany & Co. for $16.2 billion. If history is any guide, the LVMH chairman will move quickly to …
The shopping mall has had a dramatic fall from grace. Once the veritable town square and a cornerstone of American consumerism, malls have aged into oblivion, replaced by cheaper and more convenient alternatives. Today, these sprawling complexes are mostly ghost towns—dilapidated vestiges of their former selves. In a new episode …
A group of McDonald’s cooks and cashiers is suing the fast-food chain over the company’s handling of what the lawsuit presents as a “nationwide pattern” of customers attacking and harassing workers. The lawsuit, filed Thursday by 17 workers from the Chicago area, alleges that McDonald’s and its franchisees have failed …
The shale oil boom that catapulted the U.S. into the world’s largest oil producer may be going bust. As oil prices drop amid weakening demand, bankruptcies and layoffs are up and drilling is down, signs of a crisis that’s quietly roiling the industry. Some of the most successful companies in …
Chick-fil-A said it would no longer donate to the Fellowship of Christian Athletes and the Salvation Army, two groups that have been criticized by LGBTQ advocates. While Chick-fil-A stopped donations to several controversial groups in 2012, it continued to work with the Fellowship of Christian Athletes and the Salvation Army on specific programs for …
The Trump administration’s trade war is ravaging exports to China across the U.S. and well beyond the farm belt, new data from the U.S. Commerce Department show. More than 30 states, stretching from Florida to Alaska, suffered double-digit drops in merchandise exports to China through September. Sales to the Asian nation fell …
