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Retailers' graveyard shift wins over shoppers, analysts

NEW YORK (Reuters) - While most of New York was fast asleep at 3 am on Thursday, 25-year old Tatiana Baret from the Bronx went to Macy's.

"It is convenient, it's actually a little more quiet at this time. It tends to be very hectic and busy during the early hours up until late at night," said Baret, who ...

Analysis: Best Buy previews other retailers' margin hits

(Reuters) - Best Buy Co Inc is the first of many retailers that will report falling margins as merchants reluctantly cling to steep discounts to draw consumers in this holiday season.

On Tuesday, electronics retailer Best Buy saw its shares fall more than 15 percent when third-quarter earnings missed analyst expectations because of discounting.

Best Buy is the first major retailer ...

Nintendo: 3DS gets boost from Mario, at least in Japan

TOKYO (Reuters) - Sales of Nintendo Co Ltd's 3DS games device will hit 3 million units in the Japanese market within days, but consumers in the U.S. and Europe seem to be delaying their holiday season shopping due to poor economic conditions, the company said.

Nintendo slashed the price of the 3DS by about 40 percent in August and ...

Exclusive: Many Americans already done with holiday shopping

(Reuters) - More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need to offer bigger incentives to win sales in the few weeks before Christmas.

The findings underscore the fragility of the U.S. recovery, since consumer spending accounts for about 70 percent of the ...

US firearms sales reached a record 129,166 during last week's Black Friday that kicked off the holiday shopping season, a 32 percent increase from the previous all-time high, officials said.

The FBI confirmed the jump from the last peak of 97,848 weapons sold during Black Friday of 2008, telling AFP that "we do not have an explanation ...

Best Buy gets it right, joins early holiday winners

NEW YORK (Reuters) - Having the right products at the right price at the right time helped make Best Buy Co Inc one of the early winners in what was a record start for U.S. retailers to the holiday shopping season.

The electronics retailer, which was one of the biggest losers in 2010, drew in shoppers by being one of ...

Shoppers spent more cash over Thanksgiving weekend: NRF

NEW YORK (Reuters) - More people headed to stores and websites over the Thanksgiving holiday weekend, and average spending per person rose 9.1 percent as bargain-hunting shoppers scooped up discounts on everything from gadgets to hoodies, a National Retail Federation survey on Sunday showed.

The trade group's survey found that a record 226 million shoppers visited stores and websites ...

Retailers look to keep Black Friday momentum going

(Reuters) - U.S. retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday, hoping to avoid a drop after Black Friday and keep the momentum going during a fitful economic recovery.

After featuring the usual deep discounts on Thanksgiving on Thursday and on Friday, retailers were still offering bargains on Saturday as holiday ...

Black Friday pepper-spray shopper turns herself in

A woman who pepper-sprayed other Black Friday shoppers at a Los Angeles-area Wal-Mart so she could get an Xbox video game console at a deep discount has turned herself in, police said Saturday.

The woman, whose name was not released but who has been described as Hispanic and in her 30s, surrendered at a police station on Friday, following ...

Woman accused of pepper-spraying shoppers surrenders

LOS ANGELES (Reuters) - A woman suspected of dousing fellow Walmart shoppers with pepper spray during a Black Friday eve bargain frenzy in suburban Los Angeles has turned herself in to authorities, police said on Saturday.

The woman, who was not publicly identified, surrendered at the Los Angeles Police Department's Northridge station on Friday night, about 24 hours after the ...

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