Retail representatives report: Holiday sales rates expected to stay strong

Oct 26, 2013

Multiple representatives of domestic retail organizations have come forward to testify: consumers are planning to spend amounts comparable to recent years at credit card terminals this holiday season.

Jim Hallen, president and CEO of the Michigan Retailers Association, recently spoke to the recent TV outlet WILX about consumer sentiment headed into the winter months. He noted that his association is expecting a sales gain of 1.3 percent this year. Hallen suggested that while businesses can not definitely plan on significant sales increases this year, his firm is cautiously optimistic about holiday revenue.

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Topics: Growing Your Business, Retail

FedEx expects to have biggest day in company history next month, thanks to e-commerce

Oct 24, 2013

FedEx is expecting to have its busiest day of shipping packages ever in the near future - and it will be primarily a result of orders placed at online credit card processing terminals.

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Topics: Funding Your Business, Retail, Ecommerce

Multi-channel shoppers are now the majority

Oct 23, 2013

Businesses hoping to maintain success throughout the coming years would do best to spread their products across as many channels of commerce as possible: a recent study suggests that the majority of American consumers engage with their favorite brands in myriad ways.

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Topics: Growing Your Business, Retail, Ecommerce

Consumers are ready to start their holiday shopping - and they're looking for discounts

Oct 22, 2013

The holiday rush almost always means increased revenue rates for retailers. That may be even more noticeable than usual this year: many Americans are planning to spend more on gifts for the winter holidays in the coming months than they had during 2012. Further, it seems they may be spending that money much earlier than they did in previous years.

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Topics: Funding Your Business, Retail

GM aims to increase online car sales

Oct 8, 2013

American consumers have come to expect that they can buy almost anything online. One item that's still traditionally purchased on-site, however, is automobiles. That may be about to change. 

General Motors plans to release a web-based application called Shop-Click-Drive to its entire dealer network sometime before the end of the calendar year, according to a report from the Wall Street Journal. The app will allow new-car buyers to access prices, trade-in values, financing applications and much more from their computers. Shoppers can even use the application to arrange test drives and deliveries of new vehicles.

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Topics: Growing Your Business, Auto shops, Retail

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