By Nandita Bose and Melissa FaresNEW YORK (Reuters) - The Thanksgiving Day and Black Friday kickoff of the U.S. holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones while sales and traffic at brick-and-mortar stores declined.gi The ongoing shift to online shopping has forced retailers across the country to invest heavily in boosting their e-commerce businesses, and also highlights the impact of early holiday promotions and year-round deals on consumer spending.The weekend also redefined the importance of Black Friday. For the past few years, Black Friday was believed to be waning in importance, but it is now turning into a day when shoppers do not necessarily flock to stores but spend heavily online. Bill Park, a partner at Deloitte & Touche LP, said online sales are starting to complement in-store shopping over the weekend, and for shoppers and retailers the two platforms are starting to … [Read more...] about On Black Friday, more U.S. shoppers chose the computer over the mall
23 november black friday
Mayor apologises over Black Friday social media post
Exclusive PUBLISHED: 16:39 03 December 2018 | UPDATED: 16:40 03 December 2018 Dominic Moffitt Felixstowe mayor Graham Newman with his wife Janet, the mayoress Picture: CHRIS CARNE Archant The mayor of Felixstowe has apologised over a social media post about Black Friday shoppers. Black Friday sales saw shoppers flood into town centres across Suffolk and Essex - eager to snap up deals Picture: GREGG BROWNGraham Newman posted on a Felixstowe town message board late last month, on the day of the Black Friday sales.Mr Newman’s words, posted to the board on the morning of Friday, November 23, appeared to allude to Black Friday shoppers eager to snap up deals in the town.He wrote: “So, we’re all poor and penniless? Don’t think so.“I’m down here at Lidl Walton Avenue store. Already six people in front of me, people are want a Black Friday LG TV for £199, most of them wanting two.”The post has since been … [Read more...] about Mayor apologises over Black Friday social media post
Oil’s Black Friday drop could hit drilling budgets for 2019
By Collin EatonHOUSTON (Reuters) - North American oil producers that have been increasing spending to take advantage of this year's higher prices will dial back as November's reversal fuels worries about a 2019 surplus, energy executives say.gi U.S. light sweet crude settled on Friday at $50.42 a barrel, down nearly 23 percent since October and the lowest in more than a year over worries about oversupply and the Sino-U.S. trade war. The drop comes as many oil producers are assembling drilling budgets for 2019. "Everybody's going to get hit," said Cole Frederick, co-founder of Peak Land Services, which helps oil companies acquire properties in Texas shale fields. He noted, however, that November's price is well above the lows that put hundreds of smaller companies out of business in early 2016."I was praying for $50 oil two years ago when the price was $26," Frederick said in an interview. "If you're a smaller guy, you've got to be more selective." Oil in West Texas and North Dakota … [Read more...] about Oil’s Black Friday drop could hit drilling budgets for 2019
Former Dallas officer indicted in black man’s death
By The Associated Press | PUBLISHED: November 30, 2018 at 12:23 pm | UPDATED: November 30, 2018 at 12:38 pm Associated Press DALLAS — Dallas County court records show that a white former Dallas police officer has been indicted on a murder charge for the killing of her black unarmed neighbor when she says she mistakenly went to his apartment instead of her own and shot him. The court records were posted Friday before authorities were set to announce the decision of a grand jury on the fate of Amber Guyger. She was arrested days after the Sept. 6 shooting that killed her 26-year-old neighbor Botham Jean, who was from the Caribbean island nation of St. Lucia. Guyger told investigators she mistook Jean’s apartment for her own and thought she’d encountered an intruder. She has since been fired from the department and Jean’s family has filed a lawsuit against Guyger and the city of Dallas. The shooting thrust Dallas into the national conversation on the … [Read more...] about Former Dallas officer indicted in black man’s death
From Silver Bullets to Bazookas: Workers’ Innovative Challenge to Wal-Mart’s Employment Practices
“We know nothing of what will happen in future, but by the analogy of experience.” – Abraham LincolnI. INTRODUCTIONWal-Mart is pioneer of the “Big-Box” store business model, which now dominates the American arena of the corporate retail industry. Built upon the bedrock principle of offering “every day low prices,” the retail giant strives to offer the highest quality product for a lower price then competitors, and to do so, reduces input costs by relying upon frugal and efficient business practices. Wal-Mart has minimized labor input costs in their in-store operations by strategically opening stores in rural areas and saturating markets, utilizing distribution networks, relying upon in-store technology and providing minimal in-store customer service. Because of these reduced labor costs, Wal-Mart is able to pass these savings on and can offer lower prices than other retailers. As a result, corporate competitors are forced to adopt a similar … [Read more...] about From Silver Bullets to Bazookas: Workers’ Innovative Challenge to Wal-Mart’s Employment Practices