Latest Holiday shopping News

FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier.  (AP Photo/John Minchillo, File)

Target, like other retailers, did not have a Merry Christmas

Jan. 15, 2020 1:06 PM EST

Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the previous year....

Delta, JPMorgan rise; GameStop, Boston Scientific fall

Jan. 14, 2020 4:43 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Delta Air Lines Inc., up $1.96 at $61.45. The airline beat Wall Street's fourth-quarter profit forecasts following a strong holiday travel season. GameStop Corp., down 72 cents at $4.71. The video game retailer's sales plunged...

FILE - In this Tuesday, Nov. 5, 2019 file photo shoppers browse the Holiday Lane section at the Macy's flagship store, in New York. Macy's is closing nearly 30 stores in coming weeks, though the company reported some improvement in comparable-stores sales during the crucial holiday shopping season.  Macy's sales at stores opened at least a year fell 0.6% during the November and December period, which was not as bad as most industry analysts had anticipated. Shares rose more than 2% in early trading Wednesday, Jan. 8, 2020.   (AP Photo/Richard Drew, File)

Macy's closing stores despite upbeat holiday sales numbers

Jan. 8, 2020 2:51 PM EST

NEW YORK (AP) — Macy's is closing 29 stores in coming weeks despite the company reporting some improvement in comparable-stores sales during the crucial holiday shopping season. In an email to The Associated Press, the Cincinnati-based retailer said the store closures include 28 Macy’s locations...

FILE - In this Dec. 16, 2019, file photo a shopping district is decorated for the holidays in Santa Clarita, Calif. On Tuesday, Dec. 31, the Conference Board reports on U.S. consumer confidence for December. (AP Photo/Marcio Jose Sanchez, File)

US consumer confidence ticked down in December

Dec. 31, 2019 10:34 AM EST

BALTIMORE (AP) — U.S. consumer confidence slipped ever so slightly in December, as expectations fell about economic growth over the next six months. The Conference Board said Tuesday that its consumer confidence index edged down to 126.5 from November's reading of 126.8. Americans felt largely confident...

People raise their cellphones lights as they form a human chain on New Year's eve in Hong Kong, Tuesday, Dec. 31, 2019. Months of pro-democracy protests have brought “sadness, anxiety, disappointment and even rage,” the city’s leader Carrie Lam said in a News Year’s address Tuesday. Protests that began in June over a proposed extradition law have spread to include demands for more democracy and other grievances. (AP Photo/Vincent Yu)

Revelers, protesters to see in the new year in Hong Kong

Dec. 31, 2019 8:14 AM EST

HONG KONG (AP) — New Year's revelers and pro-democracy protesters were flocking to sites across Hong Kong on Tuesday to see out 2019. The semi-autonomous Chinese city has toned down the usually raucous celebrations this year amid continuing demonstrations that began in June in opposition to proposed...

FILE - In this Dec. 11, 2019, file photo specialists Anthony Rinaldi, James Denaro and Gregg Maloney, left to right, work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 27. (AP Photo/Richard Drew, File)

US stocks nearly flat; S&P 500 notches 5th weekly gain

Dec. 27, 2019 5:08 PM EST

Major U.S. stock indexes ended essentially flat Friday after a day of mostly listless trading. Even so, the S&P 500 closed out the week with its fifth straight weekly gain. The benchmark index squeaked out a tiny gain that was good enough for its 35th record high this year. The Dow Jones Industrial Average...

Crowd of teenagers fighting closes mall, prompts arrests

Dec. 27, 2019 10:22 AM EST

CINCINNATI (AP) — A shopping mall in suburban Cincinnati was temporarily shut down on the busy day after Christmas when large groups of teenagers showed up and fighting broke out in a food court, leading to some arrests, police said. The blitz of teens apparently responded to a social media post urging...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 27, 2019. Asian stocks followed Wall Street higher on Friday amid optimism U.S.-Chinese trade relations are improving. (AP Photo/Ahn Young-joon)

Global markets mostly higher amid trade optimism

Dec. 27, 2019 8:02 AM EST

BEIJING (AP) — Global stock markets moved mostly higher on Friday amid optimism that U.S.-Chinese trade relations are improving and on early reports that online Christmas shopping was up over last year in the U.S. European markets rose in midday trading and Wall Street was primed for more gains after...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 27, 2019. Asian stocks followed Wall Street higher on Friday amid optimism U.S.-Chinese trade relations are improving. (AP Photo/Ahn Young-joon)

Global stocks mixed, Wall Street rises amid trade optimism

Dec. 27, 2019 3:43 AM EST

BEIJING (AP) — Global stock markets were mixed Friday after Wall Street rose amid optimism that U.S.-Chinese trade relations are improving. Frankfurt, Paris and Hong Kong gained in early trading. London and Shanghai were unchanged and Tokyo declined. Investors welcomed U.S. President Donald Trump's comment...

FILE - In this Nov. 29, 2019 file photo, shoppers carry bags as they cross a street in San Francisco. More people turned to online shopping during one of the shortest holiday shopping seasons in years, helping boost total sales. Retail sales in the U.S. rose 3.4% between Nov. 1 and Dec. 24 from a year ago, according to early data from Mastercard SpendingPulse. That's down from last year, when total sales grew 5.1%. Online sales rose at a faster pace, up 18.8% from last year.  (AP Photo/Jeff Chiu)

Online sales make up a larger portion of overall sales again

Dec. 26, 2019 1:55 PM EST

NEW YORK (AP) — More people did their shopping online this year during one of the shortest holiday shopping seasons in years, helping to push total sales higher. Retail sales in the U.S. rose 3.4% between Nov. 1 and Dec. 24 compared with last year, according to early data from Mastercard SpendingPulse....