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Holiday Shoppers Plan To Spend More In Stores Than Online - Yahoo Finance

Customers who shop in the physical store are also more loyal than those who shop online, a matter of considerable interest to retailers. More than two-thirds of consumers are planning to spend as much or more this year, but only 15% said they planned to spend more. That plan may go out the window, though, because less than half (42%) of consumers say they have a set budget this year. That could present a significant opportunity for retailers to engage up-selling and cross-selling, both of which depend for success on knowledgeable sales staff. ALSO READ: Companies Paying Americans the Least These results come from survey data released Monday by Deloitte as part of its 29th annual holiday survey. Deloitte also reports that 72% will use smartphones for holiday shopping, with 58% using their phones to find store locations and 52% to check prices.
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Holiday Closings: Veterans Day

Investors like the merchandise in Macy's ( M ) stores and they're betting consumers will too this holiday season. They're also applauding the company's efforts to compete with the e-commerce world by keeping up a robust online presence and testing out new technology like tablets in fitting rooms, mobile payments and personalized deals to shoppers. "Macy's is doing everything right as a retailer," said Brian Sozzi, a retail analyst and CEO of Belus Capital Advisors. About 80% of the Wall Street analysts who cover Macy's have buy ratings on the stock and no analysts have a sell rating. The average price target of $64 implies a gain of nearly 8% from the stock's current level. Macy's shares look cheap compared to other stocks. They're trading at a price-to-earnings ratio of about 11.8, based on forward earnings estimates.
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Macy's - 4 retail stocks Wall Street loves - CNNMoney

MAIL: No mail delivery on Tuesday, Nov. 11 and post offices are closed. GARBAGE PICKUP: Solid waste/recycling collection will be collected in Burlington, Caledonia, Mount Pleasant and Racine on Tuesday, Nov. 11. THE JOURNAL TIMES: Office open from 9 a.m. to 5 p.m.
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