Shares of Best Buy sank 27 percent after the company said sales declined during the holiday shopping season, which was marked by weak consumer spending and heavy sales promotions by retailers.
Target is getting hit with another lump of coal this holiday season. The nation’s second-largest discount retailer said Tuesday that an unidentified number of gift cards sold over the holidays were not properly activated.
With weather not posing a problem, shoppers flocked to their neighborhood malls and stores on Saturday to finish or, in many cases, begin their holiday shopping. According to retail analysts, Saturday is expected to be the busiest shopping day in the shortened season. And with just three days remaining until Christmas Day, many are finding deep discounts as retailers try to trim inventories. And it’s not just people getting presents under the tree. Leah Goldade of Lulu and Luigi’s Pet Boutique says business is brisk.
If you’re one of the many who’ve yet to begin their holiday shopping, you might be pleasantly surprised. That’s because many stores are offering deep discounts to make sure they don’t get stuck with large amounts of unsold inventory.
It’s the last weekend for Christmas shopping, and all week long, the WCCO Morning Show team is giving you a look at all sorts of ideas. Well, at least the ones that are on our wish lists. Here is a list of everything our morning team suggests you add to your shopping plans.
This week we’re “unwrapping” some unique gifts we love that you might want to add to your holiday shopping list. For Thursday, we took a look at Blissful Bath in Woodbury. What started as a simple idea about 15 years ago now brings year-round joy to customers in Woodbury and beyond.
You’ve likely heard the saying “everything old is new again.” One local jeweler likes to think of her work as Modern with a vintage twist. All week the WCCO Morning Show will be featuring unique local gifts. Jamie Yuccas got to sit down with Susan Plunkett, the maker of L’donna Jewelry.
Those of us who did not finish our holiday shopping during Black Friday and Cyber Monday may be in better shape when it comes to buying toys. This season’s reports say half of consumers plan to buy toys as gifts this holiday season. And they still have time to score deals.
We know you’re looking for the easiest and smartest ways to shop as we get closer to Christmas. This week, we are getting to the bottom of some of your holiday shopping questions. Gift cards are perfect for the tough people to shop for on your holiday list, but you should watch out for hidden fees.
The Black Friday holiday shopping blitz has now stretched into a four-day shopping excursion. For mom and pop stores, the competition is bigger than ever. Sara Moulton spent Small Business Saturday shopping at one of her local favorites in Minneapolis, Patina. “The big stores are taking over holidays,” Moulton said. “I just love supporting local businesses and giving back to the community.” Patina manager Karin Tepparo says they don’t tout deep discounts, but instead rely on their one-of-a-kind items to bring in customers.
Black Friday is the official start to the holiday shopping season, and it started earlier than ever — 8 p.m. at the Mall of America. A new report by the University of St. Thomas says this is the mall where most Minnesotans will do their holiday shopping. “We love the bonding experience, hanging out with each other,” said shopper Nicole Klinkhammer, who was at the mall Friday. There was a lot of buzz about starting Black Friday too early, but the Mall of America team says as long as people want to shop, they will be open. And it’s working out fine so far. They project a higher turn-out than last year, when the mall opened at midnight.
It’s the best time of the year if you’re looking for a great deal on restaurant gift cards. Spend $100, get $20. Spend $100, get $25. Spend $25, get $5. It’s the perfect way to say “thank you” to coworkers, or your babysitter, or a great gift for family and friends.
As the weather cools and Thanksgiving approaches, people are beginning to think about Holiday decorating. Renae Keller from Renae Keller Interior Design talked with Natalie Nyhus about the trends to hit home interiors this season.
A late Thanksgiving means the shortest possible holiday shopping season, but a local survey shows Minnesotans will spend more. The University of St. Thomas just released a survey that says people will spend more than they have in the past 12 years.
Last year there was a furor over Target opening at 9 p.m. on Thanksgiving Day. This year, Target will open one hour earlier on Thanskgiving. It is of course not just Target; almost every major retailer this year is opening on Thanksgiving Day. Even one of last year’s big holdouts — Macy’s — will open at 6 p.m.