Several merchants are worried about the future of their business while a bike path will be installed on Henri Bourassa Boulevard in 2024. • Also read: Cycle path on Henri-Bourassa: “Ferrandez speaks through his hat” • Also read: A retailer blames a bike path for the closure of his shoe repair shop, which he founded … [Read more…]
After two years of increased spending, consumers are grappling with challenges such as rising interest rates, dwindling savings, paying off student loans and credit card debt. “Call it picky, demanding, careful, cautious,” Dana Telsey, CEO of Telsey Advisory Group said Yahoo Finance Live. “It will be careful [holiday] Season.” JCPenney CEO Marc Rosen told Yahoo … [Read more…]
New York CNN – Let the shopping games begin. Bargain hunters headed to their favorite stores in person and online the day after Thanksgiving to snag what they hope will be some of the best early bargains of the end-of-year holiday. Are the start-of-season offers enticing enough for shoppers or are they playing a cat-and-mouse … [Read more…]
Best Buy sinks due to weak outlook Kohl’s slips on quarterly sales decline Indices: Dow down 0.2%, S&P 500 down 0.2%, Nasdaq down 0.6% NEW YORK, Nov 21 (Portal) – U.S. stocks fell on Tuesday, with the S&P 500 and Nasdaq ending their five-day winning streak, as retailers declined after some disappointing forecasts and technology … [Read more…]
A majority (65%) of small and medium-sized businesses (SMEs) expect to lose sales to multinational corporations and e-commerce giants as major shopping events such as Black Friday and Cyber Monday take place this weekend. This is what the results of a survey published on Monday by the Canadian Federation of Independent Business (CFIB) suggest. It … [Read more…]