Today: 13.12.2017
News
Opinion
Business
Living
Metro
Tech
Sport

Last News

14:13
Today
13:47
Today
13:41
Today
13:23
Today
13:06
Today
12:57
Today
12:54
Today
12:49
Today
12:08
Today
12:03
Today
11:30
Today
11:05
Today
10:47
Today
10:20
Today
10:14
Today
09:55
Today
08:37
Today
08:10
Today
03:30
Today
03:28
Today
03:20
Today
03:04
Today
02:26
Today
02:19
Today
00:29
Today
23:52
12.12.2017
23:30
12.12.2017
21:49
12.12.2017
21:08
12.12.2017
20:52
12.12.2017

Retailers look to woo shoppers from rivals as Amazon grows.

NEW YORK — Toys and TVs at J.C. Penney, Barbies at Best Buy, kitchen appliances like wine refrigerators at B.J.’s. As the holiday shopping season officially kicks off Thursday, shoppers may find some surprises at their favorite stores. Even as retailers are counting on a lift from a better economy, they’re looking beyond economic data...
Time: 11:00     Date: 23.11.2017
Last US Business News: Retailers look to woo shoppers from rivals as Amazon grows. NY Post 24 - US News

Even as retailers are counting on a lift from a better economy, they’re looking beyond economic data and mapping out ways to pick up sales from other retailers as Amazon expands its reach. That can mean opening earlier than rivals on the holidays or even jumping into new product categories. The fight for market share comes as analysts at Bain say Amazon is expected to take half of the holiday season’s sales growth. And Amazon is the top destination for people to begin holiday shopping, according to a September study by market research firm NPD Group.

“The retailers are in survival mode. It’s about stealing each other’s market share,” said Marshal Cohen, chief industry analyst at NPD. “Amazon is the Grinch. They’re stealing the growth.”

With the jobless rate at a 17-year-low of 4.1 percent and consumer confidence stronger than a year ago, analysts project healthy sales increases for November and December. The National Retail Federation trade group expects sales for that period to at least match last year’s rise of 3.6 percent and estimates online spending and other non-store sales will rise 11 percent to 15 percent.

Amazon is expected to be a big beneficiary as it cements loyalty among its Prime members and moves into new services and private-label merchandise. The company has introduced more than 20 such brands in the past two years in clothing, electronics, groceries and more, says Bain.

That leaves stores looking at rivals to see where they can pick up sales. There are extra dollars up for grabs this year, after thousands of store locations have closed and several retailers including Gymboree and Toys R Us filed for bankruptcy protection.

Jordan Ascencio, who has sons aged 1, 7, and 8, plans to bypass Toys R Us on Black Friday after being turned off by what she says are dirty stores and skimpy supplies. The latest problem: Her online order was canceled following a large-scale coupon glitch.

“I am not a fan anymore,” said the resident of Sapulpa, Oklahoma. Instead, she plans to buy toys at J.C. Penney and Target.

And with Gymboree shuttering a quarter of its stores, Ascencio is buying more of her children’s clothing at Target, which has launched a number of new private label brands.

Target CEO Brian Cornell recently highlighted that up to $60 billion in consumer spending will be up for the taking in the next few years, and said the chain has been picking up market share in such areas as clothing.

The Thanksgiving weekend, when stores go all-out to attract shoppers, can be an indication of how well they’ll do through the season. About 69 percent of Americans, or 164 million people, intend to shop at some point during the five-day period from Thanksgiving to Cyber Monday, according to a survey released by the National Retail Federation. It expects Black Friday to remain the busiest day, with about 115 million people planning to shop then.

Stores like Macy’s, Target and Kohl’s are set to open Thursday evening as they try to woo early shoppers. Walmart starts deals in its stores at 6 p.m. J.C. Penney is opening its doors at 2 p.m., an hour earlier than last year and at least three hours ahead of its department store rivals.

Some retailers are using the weekend to test new product areas before committing to them year-round: Penney says it will have TVs and consumer electronics like game consoles as doorbusters for Thanksgiving and Black Friday only. Penney has also added year-round toy shops and increased its selection of work pants as an apparent move to grab market share from Sears, after last year going back to selling major appliances.

Penney’s Senior Vice President James Starke called these moves “market share plays.”

Both Walmart and Target have been expanding their exclusive toys offerings. Walmart is throwing parties in its stores including ones where kids can play with new toys. Best Buy created its first toy booklet for the holidays. And in its Black Friday ad, the chain features Barbies among smart TVs and other electronics.

Chris Baldwin, CEO of BJ’s Wholesale Club, says it is offering more toys and clothes. In clothing, it’s been able to offer key national brands in areas like casual athletic wear amid rampant store closures. And he says clothing sales are up by at least 10 percent as people don’t go to the mall as much.

“There’s no question that consumer spending has started to tick up and confidence is a little bit better, which is terrific, but we are also seeing some benefit from other retailers,” he said.

Business

Last US Business News: T-Mobile plans to launch its own TV service next year. NY Post 24 - US News
T-Mobile plans to launch its own TV service next year.
T-Mobile US will launch a new television service in 2018 and acquire television technology company Layer3 TV for an undisclosed...
Last US Business News: Two companies will hoover up half of tech’s profits in 2018. NY Post 24 - US News
Two companies will hoover up half of tech’s profits in 2018.
On the whole, tech giants are poised to deliver “stable” revenue and profit in 2018, but Apple and Microsoft are expected...
Last US Business News: Apple spends $390 million to build iPhone chip plant in Texas. NY Post 24 - US News
Apple spends $390 million to build iPhone chip plant in Texas.
Apple said on Wednesday it would invest $390 million in Finisar, which it will use to build out a plant in Texas to make...
Last US Business News: Tycoons battle over kids’ $37K a month child support payments. NY Post 24 - US News
Tycoons battle over kids’ $37K a month child support payments.
A California investor on Tuesday lost a bid to lower support payments to his ex-wife after she claimed she needed $37,500...

Opinion

Last US News - Opinion: Roy Moore needed to lose — but what does it mean for 2018?. NY Post 24 - US News
Roy Moore needed to lose — but what does it mean for 2018?.
America dodged a bullet in Alabama last night. A man who was twice removed from his state’s Supreme Court for defying judicial...
Last US News - Opinion: America could learn from Israel’s proud patriotism. NY Post 24 - US News
America could learn from Israel’s proud patriotism.
Here’s my favorite joke from a week in Israel. What’s the difference between secular, liberal Jews and Donald Trump?...
Last US News - Opinion: Ugly as Mueller’s investigation may look, it’s on track to clear Trump. NY Post 24 - US News
Ugly as Mueller’s investigation may look, it’s on track to clear Trump.
There was a rush to judgment last week on Peter Strzok, a top FBI counterintelligence agent and one of the lead agents on...
Last US News - Opinion: GOP tax bills aim to derail the green-power gravy train. NY Post 24 - US News
GOP tax bills aim to derail the green-power gravy train.
Commentators, as well as congressional Democrats, have criticized the Republican tax bill for being rushed through the House...
Last US News - Opinion: Economics are practically irrelevant in this tax-bill debate. NY Post 24 - US News
Economics are practically irrelevant in this tax-bill debate.
Will the tax-reform effort be the Republican Party’s version of ObamaCare? I don’t know, and neither does anyone else....

Living

US Living News: Giant, muscle-bound penguin ruled prehistoric bird world. NY Post 24 - US News
Giant, muscle-bound penguin ruled prehistoric bird world.
WASHINGTON — Scientists have unearthed in New Zealand fossil bones of what might be the heavyweight champion of the...
US Living News: ‘Miracle’ baby survives being born with heart outside her chest. NY Post 24 - US News
‘Miracle’ baby survives being born with heart outside her chest.
Vanellope Hope is a true Christmas miracle. Doctors told new parents Naomi Findley and Dean Wilkins their baby Vanellope...
US Living News: These savings hacks will make you richer in 2018. NY Post 24 - US News
These savings hacks will make you richer in 2018.
This may save 2018 for you. Millions of Americans make financial New Year’s resolutions every year and this year, saving...
US Living News: These Type A personality traits could help you live a very long life. NY Post 24 - US News
These Type A personality traits could help you live a very long life.
The stubborn survive — and thrive. New research links some Type A personality traits, like having a strong work ethic...
US Living News: ‘I Want a Hippopotamus for Christmas’ singer gets her wish, 60 years later. NY Post 24 - US News
‘I Want a Hippopotamus for Christmas’ singer gets her wish, 60 years later.
OKLAHOMA CITY — Oklahoma City native Gayla Peevey has welcomed another hippopotamus to the city’s zoo, more than 60 years...
US Living News: How to hide your holiday hangover from your boss. NY Post 24 - US News
How to hide your holiday hangover from your boss.
There’s nothing joyous about facing up to work after a few too many festive bubblies. But just because you feel hungover,...
US Living News: It really does take longer for men to recover from viruses, colds. NY Post 24 - US News
It really does take longer for men to recover from viruses, colds.
The so-called “man flu” has been a punchline for decades, but according to one expert it may be time to stop taking it...
US Living News: Teen saves family bakery from closing with viral tweet. NY Post 24 - US News
Teen saves family bakery from closing with viral tweet.
A viral tweet has managed to save a Houston-area bakery from shutting its doors. Trinidad Garza has been baking since he...

Business

Last US Business News: T-Mobile plans to launch its own TV service next year. NY Post 24 - US News
T-Mobile plans to launch its own TV service next year.
T-Mobile US will launch a new television service in 2018 and acquire television technology company Layer3 TV for an undisclosed...
Last US Business News: Two companies will hoover up half of tech’s profits in 2018. NY Post 24 - US News
Two companies will hoover up half of tech’s profits in 2018.
On the whole, tech giants are poised to deliver “stable” revenue and profit in 2018, but Apple and Microsoft are expected...
Last US Business News: Apple spends $390 million to build iPhone chip plant in Texas. NY Post 24 - US News
Apple spends $390 million to build iPhone chip plant in Texas.
Apple said on Wednesday it would invest $390 million in Finisar, which it will use to build out a plant in Texas to make...
Last US Business News: Tycoons battle over kids’ $37K a month child support payments. NY Post 24 - US News
Tycoons battle over kids’ $37K a month child support payments.
A California investor on Tuesday lost a bid to lower support payments to his ex-wife after she claimed she needed $37,500...
Last US Business News: Resort claims guest’s ‘conduct’ led to her own sexual assault. NY Post 24 - US News
Resort claims guest’s ‘conduct’ led to her own sexual assault.
A luxury Mexican resort is taking a strange approach in defending itself against a lawsuit claiming its negligence caused...
Last US Business News: Facebook fires back at former exec who says it’s ‘ripping apart’ society. NY Post 24 - US News
Facebook fires back at former exec who says it’s ‘ripping apart’ society.
Facebook is hitting back at a former executive who blasted the company for “ripping apart the social fabric.” Chamath...
Last US Business News: Bitcoin exchanges get slammed by website outages. NY Post 24 - US News
Bitcoin exchanges get slammed by website outages.
Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday,...
Last US Business News: Sexual misconduct costs companies millions. NY Post 24 - US News
Sexual misconduct costs companies millions.
Sexual misconduct has proven to be very costly for individuals’ reputations and careers in 2017, from Matt Lauer to Harvey...

Metro

Metro News: Jerks accused of stealing man’s ID and going skydiving. NY Post 24 - US News
Jerks accused of stealing man’s ID and going skydiving.
These two skydivers just landed in jail. A Brooklyn couple was busted for allegedly stealing the identity of a Washington...
Metro News: Traffic agent pleads guilty to drunken crash that killed friend. NY Post 24 - US News
Traffic agent pleads guilty to drunken crash that killed friend.
An NYPD traffic agent who downed eight shots of vodka before hopping behind the wheel of his car — and killing a friend...
Metro News: Port Authority ‘bomber’ tried brainwashing his wife: officials. NY Post 24 - US News
Port Authority ‘bomber’ tried brainwashing his wife: officials.
Alleged Port Authority bomber Akayed Ullah was influenced by the sermons and writings of a radical Muslim preacher —...
Metro News: Schumer goes to police about bogus sexual harassment complaint. NY Post 24 - US News
Schumer goes to police about bogus sexual harassment complaint.
Sen. Charles Schumer said Tuesday he’s gone to the Capitol Police about a bogus sexual-harassment complaint that has been...
Metro News: Scourge of savage MS-13 spreads from Suffolk to Nassau’s tony North Shore. NY Post 24 - US News
Scourge of savage MS-13 spreads from Suffolk to Nassau’s tony North Shore.
On West Greenwich Avenue in Roosevelt, LI, the oak trees were just thick enough to hide Angel Soler’s mutilated body. The...
Metro News: De Blasio denies approving gift cards for criminal suspects who took survey. NY Post 24 - US News
De Blasio denies approving gift cards for criminal suspects who took survey.
Mayor de Blasio wasn’t in the room to offer a Dunkin’ Don’t. Hizzoner said Tuesday he didn’t preapprove a city-funded...
Metro News: Boyfriend who allegedly forced girlfriend to walk street naked says it was consensual. NY Post 24 - US News
Boyfriend who allegedly forced girlfriend to walk street naked says it was consensual.
The jealous creep who forced his girlfriend to walk naked through Harlem claimed on the stand Tuesday that she agreed to...
Metro News: Terrorist wannabe teamed up with Chelsea bomber in jail: feds. NY Post 24 - US News
Terrorist wannabe teamed up with Chelsea bomber in jail: feds.
The Bronx terrorist-wannabe who watched ISIS decapitation videos when he worked out — to keep himself “motivated” —...

Sport

Last US Sport News: What’s behind the stunning rise of Victor Oladipo. NY Post 24 - US News
What’s behind the stunning rise of Victor Oladipo.
At 8:02 p.m. on June 30, 2017, the Oklahoma City police department confirmed that a...
Last US Sport News: Instagram model takes Porzingis pursuit to courtside. NY Post 24 - US News
Instagram model takes Porzingis pursuit to courtside.
He shoots, he scores? After Kristaps Porzingis started following fitness model Jen Selter on Instagram, the Knicks’...
Last US Sport News: Time capsules, YouTube: How former NFL star lives with ‘CTE’. NY Post 24 - US News
Time capsules, YouTube: How former NFL star lives with ‘CTE’.
Larry Johnson was once one of the most feared running backs in the NFL, but portions of his career are now a complete blank...
Last US Sport News: Mets sign breakout reliever Anthony Swarzak. NY Post 24 - US News
Mets sign breakout reliever Anthony Swarzak.
LAKE BUENA VISTA, Fla. — The Mets won’t be leaving the Winter Meetings empty handed. After missing on relievers...
Last US Sport News: What it’s like to watch the life, death of Billy Martin — with his son. NY Post 24 - US News
What it’s like to watch the life, death of Billy Martin — with his son.
LAKE BUENA VISTA, Fla. — OK, so maybe it wasn’t quite like watching “Star Wars: The Last Jedi” with Mark Hamill....