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Dow Climbs 57 To Break Seven-Day Slide
The Dow Jones industrial average broke a seven-day slide after traders sifted through the market for beaten-down stocks. Investors tried Tuesday to recover some of the big losses that piled up...
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Trouble Lurking For Chrysler?
A year after getting billions of dollars in federal aid to stay in business, Chrysler now brags each month about growing sales, insisting it is rolling down the road to recovery. But beneath the...
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Auto Sales Boost Retail Sector
Americans spent less at most retail stores in July and inflation remained tame as high unemployment and weak job growth fueled fears of a slowing economic recovery. A busy month for car dealerships and...
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Client Wins From September 2
Revlon picks Ann Arbor firm’s retail software: Ann Arbor-based Vendor Managed Technologies Inc. said Revlon had selected its Velocity software. With Velocity’s Demand Signal Repository using Microsoft...
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August Retail Sales, Best In 5 Months
Retail sales rose in August by the largest amount in five months, adding to evidence that a late spring economic swoon was temporary and not the start of another recession. Retail sales increased 0.4...
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Holiday Shoppers May Have Upper Hand
The Christmas shopping season doesn’t kick off for another six weeks, but retailers already are signaling they’re prepared to discount aggressively if needed to entice shoppers still skittish about...
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Wal-Mart Offering Free Shipping For Online Buys
Wal-Mart Stores Inc. is going for the jugular in the holiday retailing war, announcing Thursday that it will offer free shipping on nearly 60,000 online items – with no minimum purchase requirement....
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Last Minute Shoppers Looking For Deals
Is your holiday shopping done? Procrastinators are at stores, grabbing discounted clothing and can’t-go-wrong gift cards. For stores, this last day of shopping caps the best holiday season since 2007,...
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Long-Vacant Detroit Store Finds New Tenant
A New Jersey-based clothing factory warehouse known in several cities as Forman Mills may be planning to bring life back to an empty department store building in Detroit. There’s a sign that reads...
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Will High Gas Prices Affect Travel, Retail Spending?
DETROIT (WWJ) – With the statewide average near $4 a gallon for gasoline, concern is rising in tourism and retail on how the higher costs will affect their industries this summer. Jim Hallan of the...
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Pontiac Celebrates New Business In The City
PONTIAC (WWJ) – A group of local business and civic organizations in Pontiac are holding a celebration to welcome nearly 60 new businesses which have opened in the city since January. “From lawyers,...
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Mich. Retail Sales Show Slow, Steady Growth Through July
DETROIT (WWJ) - With summer vacation dwindling down, this weekend may find parents and kids at the mall looking for back-to-school sales. And while the July “Michigan Retail Index Survey” cited 48...
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Businesses Optimistic While Waiting For Final Holiday Numbers
DETROIT (WWJ) - It’s looking like more of us kept our money right here at home for the holidays. The Michigan Retail Index showed positive numbers in November, as sales pushed the Index up for the...
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Car Buyers More Satisfied With Their Vehicles
ANN ARBOR, MI — (WWJ) Customer satisfaction with vehicle purchases has hit an all time high, tying a mark set back in 2009. “The difference between the industry’s high marks for customer satisfaction...
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Holiday Shopping: Michigan Consumers Optimistic On Economy
DETROIT (WWJ) - If a new survey is any indication, retailers in Michigan could see a profitable holiday shopping season. A survey commissioned by Deloitte found that almost 64 percent of the...
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AT&T Has 139 Jobs Open In Michigan
DETROIT (WWJ) – AT&T Inc. Thursday announced that the company will hire workers for 139 jobs in the state this month, including 96 new positions and 43 replacements. AT&T said the positions...
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Best Time To Shop On Black Friday
Go shopping on Black Friday, and you may come home with bags overflowing with unbeatable deals. But is it worth the hassle of shopping instead of sleeping? What if you waited until later in the day to...
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The Container Store To Open Its First Michigan Store In Novi
Organizing your stuff is big business and a new retail store dedicated solely to neatness is generating buzz. The topic trending locally Wednesday is The Container Store’s announcement to open their...
View ArticleCircuit City Announces Relaunch 9 Years After Closing Stores
CBS Local — While many brick-and-mortar retail shops continue to close their doors due to declining sales, one former electronics giant that went out of business almost a decade ago is staging a...
View Article3 Carson’s Department Stores Closing in Metro Detroit
Carson’s Department Stores in Michigan are closing up three locations around metro Detroit, according to media reports. Carson’s in Rochester Hills, Clinton Township and Livonia are set to close...
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