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The United States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate

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The United States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the Senate Monday. Under current law, states can only require stores to collect sales taxes if the store has a physical presence in the state. As a result, many online sales are essentially tax-free, giving Internet retailers a big advantage over brick-and-mortar stores....

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...biggest superstores, Sears and Kmart, are being forced to close over a hundred shops because of poor Christmas sales. It was reported that between 100 and 120 Sears and Kmart stores will be closed after terrible holiday sales, forcing the retail giant which owns the brands to suffer a massive blow. Retailers depend on good revenue during the Christmas season to make it through the rest of the year...

Cyber Monday 2012

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European car sales were 10.3 percent lower in March 2013 from a year earlier, the 18th consecutive month of falls

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...ls “The car industry is suffering just as the European economy is suffering,” said motor industry analyst Christian Stadler, associate professor of strategic management at Warwick Business School. The falls came despite hefty incentives on offer to buyers of new cars. The Reuters news agency said that average retail sales incentives in the top five markets – Germany, the UK, Fran...

Residents in California, Texas and Pennsylvania will be automatically charged state sales tax at the checkout on Amazon and other online stores

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...for a sizeable chunk of the U.S. population, Amazon is playing by the same rules as the rest of the retailers,” Jason Brewer, a spokesman for the Retail Industry Leaders Association, told the site. “There are going to be fewer people who shop online solely for the sales tax benefit.” But Amazon maintains that it expects this holiday season to be its most successful yet. “As analysts have noted,...

Spain’s retail sales dived in April, showing the biggest fall since the figures started being collected in 2003

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...ernment austerity measures, rising taxes and Europe’s highest rate of unemployment. Employment in the retail sector was down 1.2% in April from the same month in 2011. The unemployment rate is over 24%, while the economy is back in recession having contracted in the last three months of 2011 and the first three months of 2012. On Tuesday, a report from the Bank of Spain predicted that the re...

A recent survey shows in-store retail sales on 2012 Black Friday dropped from last year

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A recent survey shows in-store retail sales on Black Friday, the “busiest shopping day”, dropped from last year. Holiday shoppers spent $11.2 billion at stores across the US this Black Friday, down 1.8% from last year, according to a Saturday report from the Chicago-based retail technology company ShopperTrak. Those lower in-store sales figures were apparently impacted by hundreds of...

2013 Black Friday sales dipped for the first time in seven years

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...d, with the average shopper spending $407.02 from Thursday to Sunday. That’s down from $423.55 in 2012. Retailers blamed stagnant wages and economic uncertainty for keeping wallets shut, as they slashed prices to lure reluctant shoppers. In total, the National Retail Federation estimates that US shoppers spent around $57.4 billion this year, down 2.7% from $59.1 billion last year. Sales on B...

Onesie is the item predicted by supermarkets and high street stores alike to be the number one Christmas gift for 2012

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...ing an additional 10 styles of the onesie in time for Christmas, and Debenhams reporting a 155% rise in sales in October than the previous month. A spokesman said at the time they’d sold 2,075 units in just one week – and that was just the tip of the iceberg. Onesie is the item predicted by supermarkets and high street stores alike to be the number one Christmas gift for 2012 With Chr...

2013 is expected to be the best year for US auto market since 2007, with total annual sales of about 15.6 million

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GM has reported a fall in car sales in December in what was a disappointing month for US car makers. GM stocks fell 2.4% after it reported a 6.3% fall in sales compared with December 2012. Ford and Chrysler both reported rising sales, but not the increases that industry analysts were expecting. Chrysler sold 161,000 cars and trucks in December, up 5.7% on the same period in 2012 and Ford reported...

German carmaker Volkswagen says its group sales hit a record high last year despite slowing sales in Western Europe

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...hich Volkswagen took over last August, were 59,500 between August and December. The economic turmoil in the eurozone, which has seen several countries including Greece, Portugal and the Republic of Ireland need international financial help, has hurt car sales in the region. Last week, Peugeot Citroen reported worldwide sales down 16.5% for 2012, which it blamed on “the crisis affecting the E...

Smartphone sales exceeded feature phone sales for the first time in the April-to-June period

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According to research firm Gartner, smartphone sales exceeded feature phone sales for the first time in the April-to-June period. Worldwide mobile phone sales totalled 435 million units. Smartphone sales accounted for 225 million units, up 46.5% from the previous year. Feature phones totalled 210 million units, down 21%. The highest smartphone growth rates came from Asia, Latin America and Easter...

Walmart Black Friday 2011 starts earlier than ever

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...earlier, or those stores will be picked over.” The hubbub over the early Walmart announcement comes in the wake of projections for a fairly average holiday shopping season. Erik Johnson, an economist with IHS Global Insight, is predicting a 4.2% growth in overall holiday sales over last year. “To put this in perspective, 2010 holiday sales were up 5.2% and 2009 sales were down 0.4%,” Erik Johnson...

Thousands of people have signed a petition against Brussels’ abstract light installation replacing the traditional Christmas tree in the city centre

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Thousands of people have signed a petition against Brussels’ abstract light installation replacing the traditional Christmas tree in the city centre. More than 11,000 signatures have been gathered in the online petition and a Facebook page attacking the new feature has been launched. Critics accuse officials of opting for the installation for fear of offending non-Christians, especially Muslims....

Queen Elizabeth II gave her Christmas Message to the nation as her Diamond Jubilee year draws to a close

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...t as it was the first to be televised. The Queen read from the Long Library at Sandringham House and in her message she noted how it was the 25th anniversary of the first Christmas message broadcast on radio. She also highlighted the advance of technology which allowed her message to be seen by people up and down the country in their homes. However, despite marking how things were changing, she al...

Until recently no fashionista would be seen dead in seasonal patterned sweater, but now the kitsch style is a must-have for designers and celebrities alike

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...es Anderson and, in the UK, parodied in the Channel 4 satire Nathan Barley. This subculture, growing in enclaves like Portland, Oregon, Williamsburg, New York and London’s East End, was quickly appropriated by the mainstream. The hipsters’ fondness for all things twee and retro – baking cupcakes, riding fixed-wheel bikes, using Polaroid cameras instead of digital – meant Ch...

John Lewis department store unveils its new Christmas ad, banking on a lovestruck snowman to leave viewers misty-eyed

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John Lewis department store unveils its new Christmas ad, banking on a lovestruck snowman to leave viewers misty-eyed. Last year’s John Lewis Christmas commercial it was a little boy with a big heart. 2012 Christmas advert, called The Journey, shows the extraordinary lengths some will go to in their search of the perfect gift for the person they love. The 90-second commercial opens with children...

American First Lady Michelle Obama revealed White House Christmas decorations for this holiday season

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...ildren created holiday ornaments and decorated cookies. Several decorations honour military families including a Gold Star Families Tree with ceramic gold ornaments carrying personalized messages by families. Tour visitors can also create handwritten notes for the troops. The usual masterpiece of Christmas at the White House is the official tree, an 18-and-a-half-foot tall balsam fir in the Blue R...

President Barack Obama and First Lady Michelle Obama wished the troops a merry Christmas with a visit to a Marine base in Hawaii on Tuesday

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Cyber Monday 2012 in the US is projected to be the biggest ever online shopping day

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...g a more significant part of the traditional brick-and-mortar holiday shopping season.” Online sales also jumped sharply on so-called Black Friday, which is the day after Thanksgiving. Cyber Monday 2012 in the US is projected to be the biggest ever online shopping day Comscore said internet shopping rose by a quarter last Friday to break the $1 billion mark for the first time, while it was...

President Nicolas Maduro announced the Christmas season would come early in Venezuela and holiday bonuses would be issued in November

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President Nicolas Maduro announced the Christmas season would come early in Venezuela and holiday bonuses would be issued in November. Nicolas Maduro said state workers will receive the first two-thirds of their Christmas bonuses and pensions on November 10-11 instead of December this year in what the president said was an effort to lift people’s spirits, NPR reported last week. “We m...

On December 14, Monroe’s Downtown RiverMarket presents A Very Merry Commander Christmas, an event featuring appearances by members of the Robertson family

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...tops for some serious holiday festivities. Throughout December there will be a host of events, which include meet and greets featuring the stars themselves, a massive laser light show-and lots and lots of camouflage. Get involved in the fun on Saturday, December 14, as Monroe’s Downtown RiverMarket presents A Very Merry Commander Christmas - an event featuring appearances by members of the Roberts...

UPS acknowledged getting swamped by the seasonal cheer and failing to deliver thousands of orders in time for Christmas

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...were late for Christmas was 2004, when an ice storm crippled Worldport, the UPS distribution center in Louisville, Kentucky, in the run up to the holiday. Back then employees ended up manually loading packages for days, and surprising revelers with Christmas Day deliveries. This year the company declined to call its workers in for holiday service. It’s still unclear where the UPS network broke do...

This year, Labor Day falls on Monday, September 3, meaning a full weekend of sales and super end of summer savings

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...vings Online, also don’t forget to seek out the discount codes and coupons that make Labor Day sales savings even more valuable. Got the travel itch while summer is still in full swing? Think about jumping on last minute travel bargains at this time of year when (unlike, say, Memorial Day) airlines and summer resorts usually go begging. Labor Day Sales 2012 – Check out what’s on...

Cyber Monday fell on December 2 in 2013

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...d pace, rising 22% between Thursday and Cyber Monday, according to data firm comScore. That does not include sales made using a mobile device such as a smart phone or a tablet. Cyber Monday fell on December 2 in 2013. The long Thanksgiving weekend sets the tone for the holiday season, when retailers get about 30% of their annual sales. Total in-store sales between Thanksgiving Day on Thursday and...