retail industry

Here are the best ways to pay on Black Friday

Black Friday bargain hunters shop at a Walmart store in New Jersey on Nov. 26, 2021. Tayfun Coskun | Anadolu Agency | Getty Images More Americans are struggling financially just as the peak shopping season kicks into high gear. Yet shoppers will still shell out $1,455, on average, on holiday gifts — in line with …

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As TV prices dip 17%, Black Friday shoppers may find ‘excellent deals’

artistgndphotography | E+ | Getty Images Televisions are among just a handful of consumer goods and services that have dropped in price in the last year — which may translate to steep discounts for shoppers on Black Friday and Cyber ​​Monday. What’s more, 38% of shoppers say they’ll likely buy a TV during Thanksgiving week, …

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As TV prices dip 17%, Black Friday shoppers may find ‘excellent deals’

artistgndphotography | E+ | Getty Images Televisions are among just a handful of consumer goods and services that have dropped in price in the last year — which may translate to steep discounts for shoppers on Black Friday and Cyber ​​Monday. What’s more, 38% of shoppers say they’ll likely buy a TV during Thanksgiving week, …

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Best Buy (BBY) earnings Q3 2023

A customer watches as Best Buy employees load his new television into his car during the state’s sales tax free weekend, beginning on Saturday. Erin Clark | Boston Globe | Getty Images Best Buy on Tuesday surpassed Wall Street’s expectations for quarterly earnings, as inflation-dented demand for pricey consumer electronics came in better than feared. …

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How chains like McDonald’s and mom and pops cope with inflation

Customers at a McDonald’s restaurant Scott Mlyn | CNBC As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure on their budgets, consumers have been cutting back on their restaurant …

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Gap (GPS) earnings Q3 2022

Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap on Thursday beat Wall Street’s quarterly revenue expectations, but gave a cautious outlook for the holiday season. The apparel retailer — which includes its namesake brand, Old Navy, Banana Republic …

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Walmart and Target’s quarterly results lay bare retailers’ differences

Walmart‘s stock surged this week. target‘s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs — Walmart’s Doug McMillon and Target’s Brian Cornell — stepped into their roles in 2014. But the retailers issued starkly divergent outlooks this …

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Kohl’s (CSR) earnings Q3 2022

The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images kohl’s on Thursday withdrew its full-year outlook, pointing to volatility in the retail environment and significant macroeconomic headwinds, on top of its “unexpected CEO transition.” Kohl’s also reported third-quarter earnings …

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Starbucks union to strike at more than 100 locations on Red Cup Day

Starbucks official reusable red cup, left, and red cup from Starbucks Workers United. Source: Starbucks; Starbucks Workers United Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year. To celebrate the holiday season, Starbucks every year gives away reusable red cups bearing …

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Home Depot and Lowe’s are booming in a housing market bust

A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the US housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While …

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