-
Americans buying cars, but not consumables
When Walmart lowered its full year sales forecast last month the company said customer were being cautious with their spending. Maybe so, but that wasn’t the case in new car showrooms were automakers reported record sales and in the process created new holiday headwind for Walmart and other retailers.
-
Survey: Small businesses optimistic about holiday
Atlanta -- Small businesses are optimistic with regards to the upcoming holiday season, with 41% of businesses expecting a much stronger holiday season in 2013 than 2012, according to a survey by Kabbage, an online provider of working capital.
Small businesses also plan to increase their borrowing for the remainder of 2013 in order to meet the robust demand, the survey reported.
Other key findings from the survey include: