Retail News - LeadStory

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Cyber Monday caps busy holiday shopping weekend

After a busy holiday shopping weekend, discount seekers are expected to spend between a record $12 billion and $12.4 billion on beauty products, electronics, toys and apparel on Cyber Monday, according to Adobe Analytics.

Reuters

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Cyber Monday spending to reach $12 billion

Cyber Monday deals are everywhere and this year, sales are expected to reach $12 billion. That would be more than 5% more than last year's sales.

Fox News

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Online spending on Black Friday sets new record

Black Friday shoppers spent a record $9.8 billion online in the U.S., Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season. Demand for electronics, smartwatches, TVs an...

Bloomberg

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Great ways to save money on Christmas decorations

Decorating for the holidays can empty your wallet. And after spending all that money on Black Friday and Cyber Monday, you may feel like you're just hanging dollar bills on the tree. But you don't have to.

Scripps News

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Black Friday: Christmas comes early for some shoppers

As the holiday shopping season begins, many consumers are looking to take advantage of Black Friday deals and bring their Christmas shopping forward.

Bloomberg

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Black Friday deals to look for

It may not even be Black Friday yet, but toys, electronics, appliances and clothes are already on sale. Here's what you should know before you head out to find deals.

Scripps News

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Instacart shares surge 43% on IPO

Online grocery delivery business Instacart jumped as much as 43% in its trading debut, adding momentum to a rebound for initial public offerings. Shares opened for trading at $42 each after selling for $30 at the top of the range. Bloomb...

Bloomberg

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Trump sells millions in mugshot merchandise

Former President Donald Trump's has sold millions in merchandise emblazoned with his mugshot, this happens as his legal team faces a court showdown as they grapple with multiple indictments, while court dates loom amidst the progress of ...

Fox News

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EBay CEO talks AI explosion

EBay CEO Jamie Iannone discusses the company's second-quarter earnings and the push for more luxury sales. He speaks with Matt Miller on "Bloomberg Markets." EBay dropped after projecting earnings in the current quarter that narrowly mis...

Bloomberg

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The Cure frontman ‘sickened’ by Ticketmaster fees

The Cure's Robert Smith says Ticketmaster is partially refunding fans for some fees, after he lashed out at the company online. Some fans complained the fees effectively doubled the original ticket price.

CBC News

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Push for supermarkets to reduce carbon footprint

Supermarket fridges and freezers are a significant source of carbon emissions. Now, there is a push to switch to refrigeration powered by carbon dioxide as a greener alternative. One Ontario supermarket chain is already making the change...

CBC News

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Worrying signs as Chinese exports slump

China’s exports plummeted in December at their fastest pace since 2020, while imports sharply slowed, signalling risks to the recovery of the world’s second-largest economy. China’s economy is still recovering from the fallout of three y...

Al Jazeera

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Amazon to cut more than 18,000 jobs, CEO says

Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the online retail giant had "hired rapidly" during the pandemic.

France 24

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China faces slump amid outbreak fears

China is bracing for a surge in COVID-19 infections after the government scaled back its strict measures. Public fears are mounting of a large outbreak, and that is undermining hopes of a recovery for the beleaguered economy.

Al Jazeera

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Amazon restarts advertising on Twitter

Amazon is planning to restart advertising on Twitter, and it intends to spend approximately $100 million per year on the platform. This is all pending some security tweaks being made to the social media company's ad platform.

Ticker News

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Weapons trade booms as Eastern Europe arms Ukraine

Eastern Europe's arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia.

Reuters

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Nightclub shooter faces court

The suspect in the Colorado Springs mass shooting at a gay nightclub has faced court. It comes amid a spate of shootings across the United States, the latest incident - where a Walmart manager opened fire inside his store in Chesapeake, ...

CBC News

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Walmart manager kills six staff

A Walmart employee killed six people and wounded several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States.

Reuters

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Theft rises in UK as inflation bites

In the UK, the chancellor has just announced a series of stringent economic measures including tax hikes as forecasters predict the biggest drop in British living standards since records began. As inflation soars, an increasing number of...

France 24

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Greece: Plan to cut prices of essential goods

Shoppers in Greece say they're not convinced over a government scheme to cut prices of essential goods. "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.

EuroNews

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Royal mourning boost for London businesses

Visitors crowding into central London from as far away as the US and India are giving a boost to businesses at a time when the British economy is facing a cost-of-living crisis. Restaurants, hotels, cafes and pubs packed after over 2 yea...

EuroNews

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Soaring diesel prices impacting the trucking industry

As gas prices rise, truck drivers are feeling the pain at the pump. Some even have to turn down jobs because they can't afford to fill up their tanks.

Fox News