The National Retail Federation has issued a statement from president and CEO Matthew Shay on the new White House report, “The Middle-Class Tax Cut’s Impact on Consumer Spending & Retailers.”
Retail Industry Leaders Association president Sandy Kennedy has responded to the White House report predicting the massive tax increases consumers could face if policymakers fail to avert the fiscal cliff.
Starbucks has opened its 100th store in Beijing, and has announced the launch of Starbucks China University, its talent development program.
Capitalizing on its Thanksgiving and Black Friday sales, Dollar General has tackled Cyber Monday with the launch of a new mobile app for iPhone and Android smartphones.
Coca-Cola has seen strong progress toward its goal to place 5 million women entrepreneurs across the Coca-Cola value chain by 2020 and plans to expand its initiative.
"A huge win," is how National Retailer Federation president and CEO Matt Shay characterized the biggest shopping weekend of the year during media briefing Sunday afternoon.
Online shopping surged 26% on Black Friday to surpass $1 billion for the first time, according to the digital measurement firm comScore.
Retailers may as well start devising their 2013 Black Friday plans now based on the popularity of this year’s early openings on Thanksgiving.
Protests by organized labor failed to materialize in a meaningful way at Walmart stores over the weekend and the retailer went on to achieve record results.
The footwear category is one fire judging from the recent performance of two leading retailers.