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Entries from Gothamist tagged with 'holidayshopping'

December 27, 2007

Stores were packed with post-Christmas shoppers, as retailers marked down their products in hopes of boosting holidays sales. So far, holiday period sales are up 3.6%, which is the "lower end" of expectations according to MasterCard Advisors. The question is, will marking down a part of $1,380 shoes to $150 or $1,500 Gucci purses to $750 at Saks Fifth Avenue help? Well, given that people were waiting for doors to open and "not walking......

Continue Reading "Retailers Hope as Shoppers Hit the Sales"

December 24, 2007

In the middle of the month, Macy's announced it would be keeping eight locations in New York and New Jersey open from 7AM on December 21th until December 24th at 6PM - for 83 hours straight! Macy's chairman and CEO Ron Klein had explained, "We are giving our customers extra time to shop when it’s convenient for them," and said that the success of the Queens Center mall location staying open last year encouraged Macy's......

Continue Reading "Shoppers Take Advantange (Sorta) of Macy's Round-the-Clock Hours"

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