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Market Watch
Dec 24 - 31, 2005
Holiday Online Sales Top $30.1 Billion With Consumers Spending $5.3 Billion on Apparel/Clothing
DALLAS, Dec 29, 2005/ FW/ --- Santa stuffed the online retailer’s stockings with $30.1 billion in sales this holiday season, up 30% from last year, according to the eSpending Report from Goldman Sachs, Nielsen//NetRatings and Harris Interactive.
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Holiday Sales: Savvy Consumers Compared and Shopped This Holiday Season
LOS ANGELES, Dec 29, 2005/ FW/ --- Most retailers, both brick & mortar and online will not be releasing their holiday sales figures until next month, but studies already shows that the greatest motivators for purchases were price (32%), selection (27%) and convenience (22%).
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Consumer Confidence Continues To Rise in December Says Conference Board
DALLAS, Dec 28, 2005/ FW/ --- The Consumer Confidence Index now stands at 103.6, up 5.3 points from November, which was recorded at 98.3. This figure is a 13.3 points increase from October that posted 85.0 index.
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Putting the Power In Your Hands: New Energy Campaign Empowers Consumers To Ease Record Energy Costs
WASHINGTON, D.C., Dec 28, 2005/ MF / --- As U.S. households face heating bills averaging 25 percent higher than last year’s, a broad-based coalition has launched The Power is in Your Hands campaign to empower consumers to lower winter energy bills through energy efficiency.
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Tommy Hilfiger Inks Deal With Apax Partners for $1.6 Billion Cash Buyout
DALLAS, Dec 24, 2005/ FW/ --- Yesterday was the last business day before Christmas, yet Tommy Hilfiger and Apax Partners were busy signing a deal for $1.6 billion cash buyout, wherein the British investment firm will acquire the ‘All American’ brand at $16.80 per share.
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