Articles

Thanksgiving weekend retail sales jump to record $52.4B

U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record, as shoppers flocked to stores earlier and spent more, according to the National Retail Federation. Sales totaled $52.4 billion, and the average shopper spent $398.62 over the holiday weekend, up from $365.34 a year earlier.

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Shoppers scuffle on earlier-than-ever Black Friday

A shopper in Los Angeles pepper-sprayed her competition for an Xbox and scuffles broke out elsewhere around the U.S. as bargain-hunters started the madness known as Black Friday. In all, 152 million people are expected to shop this weekend in the U.S., and will account for about 12 percent of overall holiday revenue.

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Newcomer Jos. A. Bank fuels hope for street-level retail

The 500-location menswear chain Jos. A. Bank is opening a street-level storefront location on a once-blighted block of East Washington Street, and the vote of confidence from such a growing national retailer could help persuade other stores to give downtown a look.

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Drug theft is ongoing battle for pharmacies

Over the last 12 months, the Indiana Board of Pharmacy has conducted license litigation involving at least 35 pharmacy personnel statewide who’ve been accused of stealing drugs from work.

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