If you've spent the past few months indulging in everything from gifts to new clothes to more expensive versions of your favorite foods, shifting back to your everyday spending habits might be more difficult than you realize.
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Which means that even a basic personal finance step like setting up your 2020 budget might not be enough to keep you from overspending. If you've gotten into the holiday habit of buying what you want (often impulsively) to treat both yourself and the people you love, well... that's a hard habit to get out of.
Many things are taking place:
IKEA enters UK shopping centers market with London mall deal - Reuters
STOCKHOLM (Reuters) - IKEA’s shopping center business is spending 170 million pounds ($222 million) to buy and upgrade a London mall in its first foray into Britain, betting it can win over a nation increasingly doing its shopping online.
Ingka Centers, an arm of the world’s biggest furniture retailer, said on Thursday it would put a new format IKEA store at the heart of the 27,000-square meter Kings Mall in London’s Hammersmith district.
Alex Binzen: Car shopping with Vermont's new EV incentives - VTDigger
Editor’s note: This commentary is by Alex Binzen, of Strafford, who is an environmental studies student at the University of Vermont and a member of an environmental group called the Sunrise Movement in Burlington.
On Dec. 16 the Vermont Agency of Transportation launched statewide electric vehicle incentives . Families of four making less than $92,432 a year are eligible to save $1,500 on hybrids and $2,500 on fully electric vehicles. If your household income is below $63,000, incentives are doubled. This isn’t a tax credit; this is savings at the dealership or a check in the mail.
What the holiday shopping season meant for national retailers
Grim news continues to roll in for mall-based retailers, with several companies reporting declines in a key sales metric over the holiday period despite a broader rise in consumer spending, Bloomberg reports.
Kohl's, J.C. Penney and L Brands all reported drops in same-store sales, which is a critical measure of retail success. Macy's also reported a drop in comparable sales on Wednesday, although it noted improving trends, while Bed Bath & Beyond withdrew its financial projections amid weak results.
Were you following this:
Innsbrook-area shopping center bagged for $22M - Richmond BizSense
Colonnades West retail center near Innsbrook was recently sold to Canada-based Colterra Capital Corp. for nearly $22 million. (Courtesy Colliers International)
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Quebec-based Colterra Capital Corp. last month purchased the Colonnades West shopping center at 10901 W. Broad St. for nearly $22 million. It's the company's first acquisition in Virginia.
Colliers International brokers Mark Williford and Will Bradley worked the deal Dec. 30 for the buyer.
Global Consumer Shopping Cart Market 2020-2024 | 2% CAGR Projection Through 2024 | Technavio |
Technavio has announced its latest market research report titled global consumer shopping cart market 2020-2024. (Graphic: Business Wire)
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Market vendors are adopting advanced technologies such as laser cutting to save time and cost of production for manufacturing of shopping carts. Laser cutting eliminates the need for hard tooling, ensuring highly efficient production process. Manufacturers are also using precision sealed ball-bearing into the impact polypropylene hub of the wheel to reduce the shaking of the cartwheels.
Nordstrom Leveraging Robotic Technologies to Provide Seamless Shopping | RIS News
Nordstrom has teamed up with Tompkins Robotics , a business unit of Tompkins International , to design and deploy cutting-edge parcel sortation systems.
The robotic solution will help streamline and optimize the fashion retailer's distribution operations at a few sites throughout the U.S. The solution utilizes Tompkins Robotics' t-Sort autonomous mobile robots (AMRs) to support e-commerce and retail replenishment needs.
To compete with online sales, retail stores making shopping trips an 'experience' | WSYX
Happening on Twitter
Posting old memes after the holiday break https://t.co/M97nosXJID RGGStudio Thu Jan 09 19:00:00 +0000 2020
Apparently, #JoeBiden just had another facelift over the holiday break, looks like they stapled the eyes back again… https://t.co/Sj1xtzWYLh 21WIRE (from USA) Thu Jan 09 12:10:51 +0000 2020
The Duke and Duchess of Sussex have returned to royal duties after taking a family break in Canada https://t.co/VBUtWC2r2S SkyNews (from London, UK) Wed Jan 08 06:45:15 +0000 2020
Prince Harry, Meghan Markle make first public appearance since holiday break. https://t.co/mpWlXo45FP https://t.co/98utN6Z1YJ ABC (from New York City / Worldwide) Tue Jan 07 23:28:09 +0000 2020
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