christmas sales

Shares of Sears Holdings fell 27% Tuesday on news that the retailer would close as many as 120 poorly performing Sears and Kmart stores -- an unusually harsh response to a cost-cutting measure. Clearly, investors are concerned that the problems run much deeper -- and they're right to worry.

Shoppers didn't disappoint, buying presents at both low- and high-end prices, from jewelry to shoes. Most analysts predict sales will show year-over-year increases of 3% to 4% on Thursday, when major chains post December figures and holiday totals.

Sears is once again hosting a series of Black Friday sales, on the Fridays leading up to Christmas. In other words: Black Friday starts Now. Beginning Friday, October 29, Sears is hosting two day sales on Fridays and Saturdays through December 25, from 9 a.m. to noon. Expect savings on things...

Borders, the nation's second-largest book retailer, is trying a new tactic to gain a much-needed sales boost heading into the end of year shopping season: It's opening 25 "pop-up" shops meant to last only for the holidays, the company announced Tuesday.

Despite the weak economy, many shoppers will be out in full force on Black Friday to take advantage of bargains that -- like Santa Claus -- appear only once a year. So, on this holiest of shopping days, be prepared for lots of traffic and long lines -- unless you set your sights on an automobile...

The Bush Bust has resulted in shoppers abandoning mall retailers in favor of Wal-Mart and other deep discounters. The largest company in the world isn't taking this new business for granted, though. It has announced a new sales promotion, Operation Main Street, which it claims will save customers...