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Business, Economy

“More than 8,000 US chain stores closed up shop in 2025 — heralding a ‘retail apocalypse’”

January 25, 2026

“…Household name department store Macy’s announced last week that it was shutting down 14 “underproductive” stores, while Saks Global group filed for bankruptcy on Tuesday. The hard-hitting blows to the two megastores come after more than 8,000 chain retail stores across different companies occurred… Continue Reading…

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Economy

“Holiday crowds at the mall will be smaller this year: ShopperTrak predicts as much as 25% drop in shoppers”

October 6, 2020

“Black Friday might be losing its clout. But it is still expected to be the busiest day in stores during the 2020 holiday shopping season, according to a new report… Traffic in retail stores is expected to be down 22% to… Continue Reading…

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Economy

“Americans spend more than $5,000 a year on grocery shopping…”

August 27, 2020

“The average American spends about $5,174 a year, or roughly $431 a month, on groceries, according to a sample budget based on the latest spending data available from the location intelligence firm Esri. That’s more than Americans spend on dining out ($3,675 annually)…”… Continue Reading…

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Business

“Walmart sales soared as shoppers spent their stimulus checks”

August 18, 2020

“Walmart sales got a big boost last quarter as shoppers spent their government stimulus checks on home goods, electronics and lawn care products, the company said Tuesday. Walmart’s sales at US stores open for at least one year increased 9.3%… Continue Reading…

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Economy

“Saturday shopping set a single-day sales record, analyst says”

December 30, 2019

“Holiday shopping set records over the weekend, with Super Saturday sales reaching $34.4 billion, the biggest single day in U.S. retail history, according to Customer Growth Partners… … As retailers offer improved web platforms, online spending so far this season has… Continue Reading…

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Economy

“Black Friday shoppers drop record-breaking $7.4B in online sales”

December 4, 2019

“On Black Friday, shoppers spent a record-breaking $7.4 billion, according to preliminary data published by Adobe Analytics, which measures transactions from 80 of the top 100 online retailers. It marks the second-largest online sales day ever, falling slightly short of last year’s Cyber… Continue Reading…

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