U.S. consumer confidence rose more than forecast in December, to a six-month high, amid declining unemployment and lower gas prices.
By Craig Johnson, Customer Growth Partners
A report released by ShopperTrak found that holiday shoppers boosted sales 21.7% over the previous week and 1.3% over the same week last year.
American Eagle Outfitters announced that it has opened stores in three new international markets — Morocco, Jordan and Egypt.
A study released by the National Cyber Security Alliance and McAfee revealed a false sense of cyber security for mobile users.
The Consumer Reports Holiday Poll released Wednesday found that a quarter of adults in the United States had yet to begin their holiday shopping as of Dec. 19, compared with 17% last year.
Shoppers spent 14% more for online holiday spending during the week ending Dec. 18, according to comScore.
General Growth Properties said its board approved the spinoff of its Rouse Properties Inc. subsidiary, to consist of 30 regional shopping centers in 19 states.
Talbots Inc. has rejected a buyout offer from private-equity firm Sycamore Partners its biggest shareholder, saying the bid “substantially” undervalues the company.
A new survey conducted this past weekend by Visa Inc. shows that 77% of consumers still need to buy holiday gifts this week.