holiday

A Heartwarming Valentine's Day Sales Forecast

Valentine's Day sales should thrill the hearts of retailers this year: Spending for the day is forecast to top $18.6 billion, a 5.8% jump in spending over 2010. That amounts to about $125 per person taking part in the holiday for lovers.

Retail Sales: November Stole the Show from December

U.S. shoppers piled up the presents under their Christmas trees, but retailers were still a bit disappointed by their holiday haul. The Commerce Department's official tally shows what many suspected: Consumers took care of most of their shopping in November this year.

Holiday Shoppers Keep Their Plastic in Their Pockets

Retail sales have perked up in November and December, but consumers aren't resuming their old habit of using credit cards to splurge on gifts. According to a new poll, more than half of American adults say they're sticking with cash this holiday shopping season.

Holiday Hiring Takes a Hit, Despite a Brighter Economy

Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason for the low number is that employers began shopping for seasonal workers earlier than usual, boosting hiring in October. If retail sales hold up, December could see more hiring.

American Workers Can't Escape Email During Holidays

Six out of ten people check e-mail during the holidays, and many find that there are messages from their workplaces. A new poll by Harris Interactive and Xobni shows that 59% of employed Americans check their work email during family holidays such as Thanksgiving and Christmas.

Retailers Prepare for an Uninspiring 2011

As retailers wrapped up their third-quarter earnings reports this week, most merchants said they're back in cost-control mode and will tighten inventories after the holidays. With shoppers still spending cautiously and costs on the rise, profit growth will have to come from squeezing more juice out of slowly rising sales.

Amazon's Holiday Gift to E-Shoppers

Just ahead of holiday shopping season, Amazon has added a smart new gift-giving option. Whereas before, customers could give Kindle e-readers as gifts, now actual e-books can be added to holiday shopping lists and gifted to others, whether they have a Kindle or not.

Amazon to Hire 12,500 Temp Workers for Holidays

Amazon will hire more than 12,500 temporary workers for its U.S. fulfillment centers during the holiday season as the world's largest online retailer gears up for its busiest time of year.