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There’s no place likes stores for the holidays
Want to get in the holiday spirit? Visit a store. The overwhelming majority (75%) of Americans believe shopping in a store is one of the best ways to get in the holiday spirit, while 58% say that online shopping takes some of the fun out of holiday shopping, according to new research by Citi Retail Services. -
Walmart Q3 earnings top forecasts but sales lag; online accelerates
Walmart on Thursday posted third-quarter earnings that managed to beat analysts' expectations even as net sales fell short. The retailer also lifted the lower end of its full-year guidance and expressed confidence going into the holiday season. Walmart’s net income fell to $3.03 billion, or 98 cents per share, in the quarter ended Oct. 31, which was two cents more than the Wall Street consensus according to Bloomberg.

