Thursday, December 25, 2008

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A slow season for holiday shopping

NEW YORK â€" Last-minute shoppers headed to the nation's stores and malls on the day before Christmas, looking for the final items they needed and searching for good deals â€" but for retailers, the season was essentially over long ago. Many merchants already are tallying up just how dismal their sales were in a season expected to be the worst in decades.

FedEx beats the Grinch

ATLANTA â€" Severe weather across the U.S. has caused a delivery backlog at FedEx Corp., prompting the shipping company to take the extraordinary step of keeping all of its domestic sorting stations open for four hours on Christmas Day to allow customers to pick up packages. Bigger rival UPS Inc. plans to maintain its tradition of giving all U.S. employees the holiday off, spokesman Norman Black said.

A slow season for holiday shopping

NEW YORK â€" Last-minute shoppers headed to the nation's stores and malls on the day before Christmas, looking for the final items they needed and searching for good deals â€" but for retailers, the season was essentially over long ago. Many merchants already are tallying up just how dismal their sales were in a season expected to be the worst in decades.

Stocks edge up in light holiday trading

NEW YORK â€" Wall Street rose modestly in light holiday trading Wednesday after the government released downbeat, but unsurprising, readings on rising U.S. joblessness and declining consumer spending.

Here are a few retailers that are open today

Come Christmas, most retailers shut down for a day of rest and reflection, but some stores will be open for business. If you need to snag a caffeine fix or do some last-minute shopping, here's a roundup of just a few of the places that will be up and running.










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