Toys R Us is the latest retailer planning to ramp up seasonal hiring this holiday. But just-released sales forecasts on the busiest shopping season of the year raise the question: Will all those added store associates be kept busy?
Purists may cringe at the loss of easy-to-read E Ink screens, but it may be time to turn the page on the e-book reader. A key analyst has slashed his sales forecast for Kindles, seeing the rise of Kindle Fires, Nook Tablets, and of course, iPads as inevitable.
Much to retailers' surprise, old man winter didn't deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool their forecasts.
General Motors' share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.