March 23 at 5:44 a.m.
Filed under:
Advertising/Marketing,
Internet
By CNN
After Gilt Groupies changed the 12 o’clock hour and Groupon made vouchers cool, users may finally be over it all. Traffic to flash sales and daily deal sites has been dropping during the past few months, according to online traffic monitor comScore.
Gilt is down 22 percent since the start of 2011, and Groupon has fallen off 13 percent during the same time period. Though both are still up year over year. Get the full story »
Feb. 18 at 6:09 a.m.
Filed under:
Banking
By Dow Jones Newswires-Wall Street Journal
Top U.S. regulators said Thursday that small banks could be hurt by new limits on debit-card fees, comments that could fuel efforts to delay or change a provision in the Dodd-Frank financial-overhaul law.
The provision directs the Federal Reserve to cap “swipe fees” that debit-card issuers charge merchants each time a customer pays with a debit card. Banks and credit unions with less than $10 billion in assets, however, are exempted from the limit and can charge higher fees. Get the full story »
Oct. 6, 2010 at 5:55 a.m.
Filed under:
Retail
By Sandra M. Jones
The National Retail Federation expects holiday retail sales to increase 2.3 percent this year, to $447.1 billion, as shoppers start to regain their financial footing.
The trade group’s forecast remains slightly below the 10-year average sales gain of 2.5 percent for the November-December holiday period. But, it marks an improvement from the last two years. Get the full story »
June 21, 2010 at 1:43 p.m.
Filed under:
Economy,
Retail
By Reuters
U.S. retail sales are on track to rise 2.5 percent this year despite lingering unemployment and concerns about the global economy, the head of the nation’s premiere retail trade group said Monday. Get the full story »
