MINNEAPOLIS (AP) — In order to grow, Best Buy is shrinking.
The largest U.S. specialty electronics retailer for years expanded quickly by opening big-box stores across the country. But shoppers have started using the hulking stores as showrooms where they can test out products before buying them cheaper elsewhere.
It's Black Friday, The Sequel. Stores are rolling out deals and expect to be swimming in shoppers on Christmas Eve as stragglers take advantage of a day off work. For retailers, the last-minute rush caps the best year since 2007, and possibly ever.
Anne D'Innocenzio, Ellen Gibson
, December 23, 2010
Packed malls? Healthy gains in holiday spending? It's beginning to look at least a little like a pre-recession Christmas. Americans spent more on clothing, luxury goods and even furniture, delivering healthy gains across the board.
Anne D'Innocenzio, Mae Anderson
, December 19, 2010
Retailers on Thursday reported revenue figures that topped expectations and showed the second-biggest monthly percentage gain in four years, according to one measure. And the reports raise hopes spending might remain strong for the rest of the holiday season and help the economy recover.
With Thanksgiving done, shoppers streamed to the stores across North Dakota on Friday as the Christmas shopping season kicked off. Some eager shoppers didn't wait for the turkey holiday to pass before beginning their quest for great deals on gifts.
Shoppers returned to malls today, redeeming gift
cards and rummaging through thinly stocked shelves hunting for
deals, next year's Christmas gifts and for most, gifts for
December 26, 2009
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