New study: Aldi, Walmart and Kroger drop prices when Lidl opens nearby

Lidl, the German discount supermarket chain known for high quality and low prices, has opened dozens of stores in the United States over the past six months. But what effect is Lidl really having on the grocery wars? A new report says it’s forcing other retailers to lower their prices! RELATED: How I cut my food… Please follow and like us:

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With tax cuts boosting consumer spending, the U.S. is poised for another good year

Stocks have just accomplished a Houdini – scorching to record highs while escaping volatility. The S&P 500, which accounts for 80 percent of the value of publicly traded U.S. companies, just scored an unprecedented 14 consecutive monthly gains. Investment professionals will tell ordinary folks a year like 2017 simply can’t repeat. Gains will slow or the… Please follow and like us:

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Supreme Court will decide billion-dollar question for online sales: Can states collect sales taxes on all purchases?

WASHINGTON — The Supreme Court announced Friday that it will consider allowing states to require all online sellers to collect sales taxes, revoking an old rule that costs states billions in lost revenues. The justices said they would hear an appeal from South Dakota and 35 other states that says the current “physical presence” rule is… Please follow and like us:

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Retail alert: Sam’s Club is abruptly closing locations nationwide

Bad news for Sam’s Club members! The Walmart-owned warehouse club has abruptly shut down multiple locations across the country, according to local media reports. Closures have reportedly taken place in Tennessee, Georgia, New York, Ohio, Indiana, Maryland, Texas and elsewhere — without warning. RELATED: Macy’s, Sears and Kmart closing sales: 3 things you need to know… Please follow and like us:

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This Seattle Subway can’t sell $5 footlongs because of big government – and posted a sign to let customers know

  Customers who enjoy sweetened drinks aren’t the only people in Seattle currently feeling the pinch of the city’s progressive policies. Here’s a photo of a sign that’s hanging in a Seattle Subway that lays out the problems faced by both consumers and business owners in the city: Seattle Subway says… Please follow and like us:

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US job gains disappoint, unemployment holds at 4.1%

The US economy’s job creation ability disappointed in December, despite solid hiring in manufacturing and construction, according to government data reported Friday. But with the country believed to be near full unemployment, the jobless rate still held steady at its 17-year low of 4.1 percent. Employers added just 148,000 new hires in the final month of… Please follow and like us:

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Job cuts: Good news and maybe some bad

Last year, the fewest number of job-cut announcements since 1990 were announced. That’s despite the large number of store closings — more than 7,400 — and retail job losses, Chicago-based consulting employment company Challenger, Gray & Christmas said. But the fewer cuts last year may indicate a dire risk for this year: more job cuts. “The… Please follow and like us:

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Job cuts: Good news and maybe some bad

Last year, the fewest number of job-cut announcements since 1990 were announced. That’s despite the large number of store closings — more than 7,400 — and retail job losses, Chicago-based consulting employment company Challenger, Gray & Christmas said. But the fewer cuts last year may indicate a dire risk for this year: more job cuts. “The… Please follow and like us:

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Just announced: 64 Kmart and 39 Sears stores are closing in early 2018

Just days after the holiday shopping season ended, Sears Holdings announced that it’s closing more than 100 stores. In a news release, the struggling retailer said it told associates at 64 Kmart and 39 Sears stores that the locations will be shut down between early March and early April 2018. Liquidation sales will begin as early… Please follow and like us:

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Dow hits 25,000 points for 1st time on US hiring data

The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally already boosted by the recent US tax reform. US stocks opened 2018 in full-throttle bull market mode, bidding stocks up and continuing the succession of records seen last year, especially following the massive tax cut… Please follow and like us:

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Innovative Securities: Higher Risks May Come in 2018

Innovative Securities: Higher Risks May Come in 2018 BUDAPEST, Hungary, Dec. 29, 2017 /PRNewswire/ – We are living in the decade of bullish markets. Because of record returns (and low interest rates) retail money floods the market. What could next year hold for the investors after all this? Innovative Securities’ prognosis tries to answer. In 2017,… Please follow and like us:

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Trump tweet trashes Amazon, USPS shipping price breaks

WASHINGTON, December 30, 2017: Just when you thought this New Year’s weekend would be a quiet one, the President fired off another provocative Trump tweet this Friday a.m.: Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making… Please follow and like us:

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Amazon says it sold ‘tens of millions’ of Echos, other Alexa devices during holiday shopping season

SEATTLE – Amazon’s Alexa had a very good Christmas. The retailer said on Tuesdays that it sold “tens of millions” of devices bearing the Alexa voice-activated digital assistant during the peak shopping season. That lineup includes Amazon’s Echo speakers and Fire TV streaming device, among other gizmos. Sales of Amazon devices were “millions more” than a… Please follow and like us:

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Walmart’s latest experiment: Higher prices online than in stores

Walmart is trying out a new pricing strategy that could penalize you if you’re an online-only shopper of Walmart.com. RELATED: Vegetables sold at Aldi, Walmart, Trader Joe’s recalled Walmart’s new online vs. in-store pricing experiment According to the Wall Street Journal, Walmart has a new price experiment underway that you need to know about. Here’s the… Please follow and like us:

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UK ‘ahead of curve’ in its trading with China

The United Kingdom was China’s second-largest trading partner from among members of the European Union in 2016, and its eighth-largest worldwide, according to a new study. Britain did 55 billion pounds ($71.9 billion) of trade in goods with China last year, said the report from the Confederation of British Industry, which is also known as the… Please follow and like us:

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