3 big mistakes small businesses make during the holidays, and how to avoid them
This is reprinted by permission from . A broken website. Sold-out items. Shipping delays. These conditions can be detrimental to small businesses during the holiday season, arguably the busiest time of year for retail sales. “We see some of our clients in one weekend — like over Black Friday, Cyber Monday — make more money that […]
Home sales fell to a 13-year low in October as prices rose
Sales of previously owned homes were 4.1% lower in October compared with September, running at a seasonally adjusted annualized rate of 3.79 million units, according to the National Association of Realtors. It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year […]
Best Buy (BBY) earnings Q3 2024
People walk past a Best Buy store in Manhattan, New York City, November 22, 2021. Andrew Kelly | Reuters Best Buy cut its full-year sales outlook Tuesday, as the company weathers a period of cooler demand and prepares for price-conscious holiday shoppers. The consumer electronics retailer beat Wall Street’s quarterly earnings expectations, but fell short […]
What happens to credit-card debt after you die? Will my mother’s IRA be used to pay off her loans?
Dear Quentin, My mother recently passed away. She had a trust, and she had a handful of credit cards that carried a remaining balance. She also had personal loans, which were used for home improvements. Her house is paid off, and will eventually be sold. She also has an IRA. I am left with several […]
Urban Outfitters’ clothing rental service Nuuly reaches profitability
Nuuly warehouse Natalie Rice Urban Outfitters’ clothing rental service Nuuly has eked out its first profit thanks to a steady stream of new subscribers and a whopping 86% jump in revenue, hitting the benchmark before competitor Rent the Runway, which has yet to turn a profit nearly 15 years into its history. The brand, which […]
This is the best Black Friday purchase I ever made
I’m living the Black Friday dream. I did all my shopping last year with one fell click. Last year, I purchased a “hot” Black Friday item: a robot vacuum cleaner. I didn’t go for the Roomba. Instead, I chose a $220 Eufy RoboVac at a discounted price of $120, excluding tax. It cleans hardwood floors, […]
Airlines shave minutes off flight times with faster boarding, new tech
Passengers make their way through the terminal as they travel ahead of the Thanksgiving holiday at Washington Dulles International Airport in Dulles, Virginia, on Nov. 22, 2023. Kevin Lamarque | Reuters In air travel, minutes matter. A few moments could be the difference between making and missing a connection for passengers — and could avoid […]
Opinion: Why I’ll never attend the Macy’s Thanksgiving Day Parade in person again
A few years ago, I thought I had hit the Thanksgiving jackpot when a family member scored VIP grandstand seats to see the Macy’s M Thanksgiving Day parade and invited me to tag along for the big New York event. This had been a childhood dream of mine: Nothing was now going to stand between […]
Dick’s Sporting Goods (DKS) earnings Q3 2023
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Shrink who? Sales and profit at Dick’s Sporting Goods bounced back in the fiscal third quarter, leading the retailer to raise its full-year guidance Tuesday after it shocked investors earlier this year when […]
Euro and DAX lifted after survey shows German economic contraction less severe than feared
The euro and German government bond yields rose, while Frankfurt’s DAX index flirted with fresh five month highs, after surveys released Thursday showed activity in the eurozone’s biggest economy was stronger than expected in November. The preliminary German composite purchasing managers index, covering activity in private sector services and manufacturing, rose from 45.9 in October […]
