Home » Posts taggedNEW YORK

High-Tech Means Higher Sales for Many Small Retailers

NEW YORK (AP) — An independent retailer may not look like the cutting edge of technology, but these small businesses increasingly turn to apps and sophisticated software to connect with customers. Small retailers use high-tech innovations to build relationships with customers; they often can’t compete with big chains...
Continue reading

Market Wrap: Stocks Rally on Raised December Rate Hike Bet

NEW YORK — U.S. stocks closed higher Wednesday and investors appeared positively inclined toward higher rates after minutes from the Federal Reserve October meeting showed a solid core of officials rallied behind a possible December rate hike. Central bankers at the October policy meeting also debated evidence the...
Continue reading

Market Wrap: S&P 500 Scores Best Week in Nearly a Year

NEW YORK — Wall Street racked up a solid week Friday, with health care, technology and consumer stocks making gains and investors looking beyond a widely expected December interest rate hike. The S&P 500 ended its strongest week in almost a year, while the Dow Jones industrial average...
Continue reading

Everyone Loves Same-Day Delivery, Until They Have to Pay

NEW YORK — Everyone likes the idea of same-day delivery. But who wants to pay for it? That’s the problem merchants face as the busy holiday shopping season approaches. They want to offer customers the near-instant gratification that usually only comes with shopping in stores or via apps...
Continue reading

Consumers, Stores Face Off Over Depth of Holiday Discounts

NEW YORK and CHICAGO — Target’s (TGT) 10 percent discount on a $30.49 pair of embroidered curtains wasn’t nearly enough to entice Valerie Jenkins, shopping in Chicago the weekend before Thanksgiving. She expects the 60 to 70 percent off she got during the last holidays. “There were some...
Continue reading

A Look at the Hot Toys for Holiday 2015

NEW YORK–which toys will warm the hearts of parents and kids for the holiday 2015 shopping season? Holiday toys hit the shelves in recent weeks. And so far, just as in the past few years, there’s no single hot toy emerging. But anything “Star Wars,” lifelike robotic pets...
Continue reading

Cyber Monday Sales Still on Top, but Losing Some Luster

NEW YORK — Shoppers traded bricks for clicks Monday, flocking online to snap up “Cyber Monday” deals on everything from cashmere sweaters to Star Wars toys. Now that shoppers are online all the time anyway, the 10-year-old shopping holiday has lost some of its luster as online sales...
Continue reading