Holiday spending surges to 12-year high

U.S. holiday spending jumped to its biggest gain since 2005 on stronger employment, rising consumer confidence, and expectations of higher wages and bonuses after new tax bill, according to NRF. Conway Gittens reports. Holiday...


Sears doubts its survival

The iconic American retailer stock plummeted after warning it has “substantial doubt” about its business future. As Fred Katayama reports, some shoppers hold the retailer dear. Sears doubts its survival


Black Friday moves online

Spending on Britain’s Black Friday discount shopping day is forecast to break last year’s record takings, though it is expected to be predominantly an online affair this year. Saira Jaffer reports. Black Friday moves...