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Indonesian retailers lower target of Christmas and New Year sales

JAKARTA: Retailers expect to have sales growth between only 15% and 20% month-on-month (m-o-m) during the year-end holidays – Christmas and New Year – compared to about 25% to 30% sales growth in the previous years.

Oil prices steady in run-up to Christmas

SINGAPORE: Oil prices moved very little on Tuesday, with liquidity fading in the run-up to the Christmas weekend.

Christmas Eve shoppers may lead to spending record in US

NEW YORK: It's Black Friday, The Sequel. Stores are rolling out deals and expect to be swimming in shoppers on Christmas Eve as stragglers take advantage of a day off work. For retailers, the last-minute rush caps the best year since 2007, and possibly ever.

How not to break your bank Plan your Christmas shopping

ITS Christmas and the holiday season again! For many, it is indeed a magical period for its a time for giving, sharing – and punching a hole in your wallet!

Amazon to compensate customers for late Christmas gifts

NEW YORK: Amazon Thursday said it would give $20 gift cards and pay shipping costs for customers affected by problems at UPS and FedEx that delayed some Christmas package deliveries.

Christmas with the I Ching

ON the eve of Christmas, Christians around the world will be celebrating family time and the birth of Jesus Christ.

McDonald's COO in unusual step urges franchisees to open on Christmas day

LOS ANGELES: McDonald's Corp is urging U.S. restaurant owners to take the unusual step of opening on Christmas Day to deliver the world's biggest hamburger chain with the gift of higher December sales, AdvertsingAge reported on Monday.

Exporters to bank on bumper Christmas sales

The US economy may have galloped to an 8.2% growth expansion in the third quarter, but Christmas sales, economists say, will portend the economic story next year for both the United States and export-based economies such as Malaysia's.

How Aldi stole Christmas

LONDON: Tesco Plc chief executive officer Dave Lewis is ending his first full year at the helm with the stock at an 18-year low, and he’s facing a Christmas period that won’t deliver any respite.

Christmas sales to slow across Europe

LONDON: Growth in critical Christmas retail sales is expected to slow across Europe this year, as a rise in online purchases is held back by an anticipated slump in in-store sales, retail research company Kelkoo said Tuesday.