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Adidas not facing shareholder pressure to sell Reebok: FT

December 29, 2015 by · Leave a Comment 

Adidas is not facing pressure from activist shareholders to offload more assets, like fitness brand Reebok, the German sporting goods group's finance chief told the Financial Times. “I've never had a conversation where anyone has given me any pressure about anything,” the FT quoted Robin Stalker as saying in an interview …

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Adidas not facing shareholder pressure to sell Reebok: FT

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U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard

December 29, 2015 by · Leave a Comment 

(Reuters) – Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a “solid” 7.9 percent this holiday season, according to MasterCard Advisors SpendingPulse. U.S. retail sales, excluding automobiles and gas, had grown 5.5 percent in the period between Black Friday and Christmas Eve last year. Online sales grew 20 percent in the holiday season this year, MasterCard

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U.S. holiday retail sales grow a ‘solid’ 7.9 percent: MasterCard

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U.S. consumers loosen purse strings as holidays start

December 12, 2015 by · Leave a Comment 

U.S. consumers showed some muscle in November at the start of the holiday shopping season, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first time in nearly a decade. The outlook for consumer spending, which accounts for more than two-thirds of economic activity, got a lift from other data …

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U.S. consumers loosen purse strings as holidays start

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Cyber Monday sales top $3 billion as discounts spur buyers

December 2, 2015 by · Leave a Comment 

Shopping through mobile devices soared on Cyber Monday, accounting for more than a quarter of the $3 billion in sales, but many online retailers struggled to get visitors using smartphones and tablets to shop as much as those using desktops. Bigger-than-expected discounts …

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Cyber Monday sales top $3 billion as discounts spur buyers

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U.S. store sales down slightly for Thanksgiving and Black Friday

November 29, 2015 by · Leave a Comment 

By Nandita Bose CHICAGO (Reuters) – Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers moved to the web. Online sales were up by double digits, according to data released on Saturday. Data from

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U.S. store sales down slightly for Thanksgiving and Black Friday

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