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Home Authors Posts by Hema Parmar

Hema Parmar

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THE AVERAGE U.S. shopper spent $313 over the five-day holiday weekend. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

American shoppers shelled out $313 each over five-day weekend

Economic Activity
NEW YORK - A million more United States shoppers than expected turned out for the five-day holiday weekend, and many spent hundreds of dollars...
SEARS HOLDING CORP. filed for Chapter 11 bankruptcy Monday morning. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

Sears files just as things are looking up for American retail

Economic Activity
NEW YORK - A year ago, a Sears bankruptcy would have fit better into the United States retail narrative, given the steady decline of shopping...
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