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Retailers post strong November sales, apparel a top-performer
New York City -- Retailers nearly across the board reported a strong start to the holiday season as their November sales were enhanced by aggressive discounting that started early in the month. Same-store sales rose 6% in November, above the estimated growth of 3.6% and the year-ago gain of 0.6%, according to 27 retailers tracked by Thomson Reuters.
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Starbucks makes progress in cup recycling goal
Seattle -- Starbucks Coffee Co. and International Paper, with Mississippi River Pulp, LLC, have completed a six-week pilot project that -- for the first time -- proved Starbucks used paper cups can be recycled into new paper cups. This advancement brings Starbucks one step closer to its goal of ensuring 100% of its cups are reusable or recyclable by 2015.