Latest Retail

Super Saturday to Draw Record 158M Shoppers

National Retail Federation predicts strong final weekend before Christmas.

Category down 3.9% year on year, according to Mastercard SpendingPulse.

Acquisition of Diamonds Direct and Blue Nile boosted third-quarter total.

Rise in retailer’s comparable-store sales reflects rebound from last year’s shutdowns.

Jewelry and other hard-luxury items up 14% year on year in October.

Almost 200 million made purchases between Thanksgiving and Cyber Monday.

Consumers spent $11.3 billion, up 6% year on year.

Revenue growth in municipality offsets weak mainland demand.

Takeover of Pedemonte Group will boost Bulgari owner’s manufacturing capacity.

Promotions enticed consumers to part with their cash despite inflation, Mastercard says.

Paris Peace Forum meeting also touches on responsible sourcing, workers’ rights, and respect for local communities.