shopping season

December Sales Will Warm Merchants' Hearts

Shoppers didn't disappoint merchants, 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.

Target Earnings Top Estimates, and Outlook is Strong

Target reported Wednesday morning that net earnings grew 22.6% in the third quarter, beating estimates, as sales rose 3% and the company got a boost from its credit card business. The company also expects fourth quarter comparable sales to be the best they've been in the past three years.

More Holiday Shopping Will Move Online in 2010

Online sales during the holiday season are likely to exceed their 2009 levels as shoppers shift away from shopping at some brick-and-mortar operations such as electronics and warehouse stores, said market research firm The NPD Group in a report Wednesday.