US shoppers spent 2.4% more during the weekend before the Christmas holiday this year, giving a boost to retailers in the final days of 2014.
Purchases during the so-called Super Saturday weekend rose to $42 billion, up from $41 billion during the same weekend a year ago, says Craig Johnson, president of Customer Growth Partners, a research firm in New Canaan, Connecticut. “This was a strong finish to an otherwise lacklustre season. It has taken what has been a sluggish season and made it merely lacklustre.”
According to the National Retail Federation, retail sales in November and December would gain 4.1%, the biggest increase since 2011. Lower unemployment, falling gas prices and rising consumer sentiment helped spur spending last month.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha B / 
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In what comes as a significant announcement, Middle East based eyewear majors
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GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
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Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
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Commonly cited statistics indicate that around 20% of new businesses fail during
Louis Philippe, renowned for its premium merchandise spanning apparel, footwear and accessories,
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