Holiday spending

Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)
November 28, 2020 - 3:27 pm
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the...
Read More
Black Friday shoppers wear face masks as the leave Saks Fifth Avenue flagships store empty handed, Friday, Nov. 27, 2020, in New York. (AP Photo/Mary Altaffer)
KNSS News
November 27, 2020 - 5:56 pm
NEW YORK (AP) — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy. In normal times, Black...
Read More
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 27, 2020. Asian stock markets declined Friday as questions about the effectiveness of one possible coronavirus vaccine weighed on investor optimism. (AP Photo/Ahn Young-joon)
November 27, 2020 - 12:53 pm
NEW YORK (AP) — The S&P 500 rose to a record high Friday as investors continue to look forward to the distribution of a COVID-19 vaccine and relief for the global economy. The benchmark index rose 8 points, or 0.2%, led by gains in technology companies, and closed at an all-time high of 3,638...
Read More
Floats that are part of the modified Macy's Thanksgiving Day Parade are seen from the Empire State Building in New York, Thursday, Nov. 26, 2020. Due to the pandemic, no crowds of onlookers were allowed to attend the annual parade. (AP Photo/Craig Ruttle)
November 26, 2020 - 6:24 pm
NEW YORK (AP) — The pandemic is turning this into a holiday shopping season like no other. Toy companies are targeting stuck-at-home grown-ups with latte-smelling Play-Doh and Legos that turn into Warhols. Those who added a puppy to their family during the pandemic will see tons of gift options for...
Read More
FILE - In this undated file photo issued by the University of Oxford on Monday, Nov. 23, 2020, a researcher in a laboratory at the Jenner Institute in Oxford, England, works on the coronavirus vaccine developed by AstraZeneca and Oxford University. With major COVID-19 vaccines showing high levels of protection, British officials are cautiously — and they stress cautiously — optimistic that life may start returning to normal by early April. Even before regulators have approved a single vaccine, the U.K. and countries across Europe are moving quickly to organize the distribution and delivery systems needed to inoculate millions of citizens. (University of Oxford/John Cairns via AP, File)
November 25, 2020 - 4:01 pm
OKLAHOMA CITY (AP) — OKLAHOMA CITY — The Oklahoma State Department of Health announced Wednesday that public schools will be allowed to offer in-school quarantines for students exposed to the virus. Schools in Mustang became the first in the state to adopt the policy, the department said. Effective...
Read More
FILE - In this April 13, 2020 file photo, a person wearing a protective mask walks past the boarded up windows of a Macy's department store in Philadelphia. Macy’s Inc. on Wednesday, Sept. 2 reported a fiscal second-quarter loss of $431 million, after reporting a profit in the same period a year earlier. (AP Photo/Matt Rourke, File)
November 19, 2020 - 6:24 am
NEW YORK (AP) — Macy's swung to a loss and sales tumbled 22% as the department store chain struggles to bring shoppers back in a pandemic. But the quarterly results Macy's reported Thursday are better than most had expected because it was able to get its customers thinking about holiday shopping...
Read More
Daijah Powell restocks the clothing racks at the Stonebriar Mall J.C. Penney store in Frisco, Texas, Tuesday, Nov. 10, 2020. J.C. Penney is on course to emerge from bankruptcy by Thanksgiving after a U.S. bankruptcy court approved the sale of the ailing retailer to two of the nation's largest landlords and its primary lenders.(Jason Janik/The Dallas Morning News via AP)
November 10, 2020 - 7:00 pm
NEW YORK (AP) — J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders. The U.S. Bankruptcy Court for the Southern District of Texas approved a...
Read More
FILE - In this Tuesday, Sept. 15, 2020, file photo, passers-by examine a storefront window in Boston's fashionable Newbury Street shopping district. U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases began across the country. The Conference Board reported Tuesday, Oct. 27, 2020, that its consumer confidence index fell to a reading of 100.9, from 101.8 in September. (AP Photo/Steven Senne)
October 27, 2020 - 9:36 am
SILVER SPRING, Md. (AP) — U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.8 in September, but still remains well below...
Read More
FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:37 am
NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down by weak demand for toy and electronics during the crucial holiday shopping season. Target joins a string of other retailers with disappointing sales during the shortest holiday shopping period since...
Read More
FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)
February 18, 2020 - 6:48 am
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile cut into international sales. Walmart also delivered a weak profit forecast for the year, sending shares down about 1% before the...
Read More

Pages