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MasterCard Blames The Media For Negative Trend In Consumer Confidence And Spending

via Kim Bhasin, Business Insider U.S. holiday sales growth was just 0.7 percent this year, missing expectations, according to MasterCard Advisors SpendingPulse. There was a drop in consumer confidence and it was primarily due to the media, said SpendingPulse. SpendingPulse VP Michael McNamara said that it’s the media coverage of the fiscal cliff — that is, not … Continue reading

EyeSee Mannequins Spy On You While You Shop

via Todd Wasserman, Mashable The next time you shop, take a close look at the mannequins in the store. They may be taking a close look at you, too. So far, Benetton is one of the few places you’ll see $5,000 bionic mannequins from Italy’s Almax. The dummies, called EyeSee, has a camera installed with … Continue reading

Walmart Workers Threaten To Strike On Black Friday

via Harry Bradford, Alice Hines, and Christina Wilkie, The Huffington Post Employees at 28 Walmarts in 12 different cities walked out of work Tuesday, but things may get a whole lot worse for the U.S.’s biggest retailer come Black Friday. United Food and Commercial Workers’ Making Change At Walmart, the group behind the strikes protesting … Continue reading

Facebook Introduces Gift Service

via Jessica Guynn, Los Angeles Times Could Facebook Inc.’s new gift service be the early Christmas present that Wall Street has been waiting for? After its disastrous debut as a public company in May, the social networking giant has come under increasing pressure from investors not just to squeeze more advertising dollars from its nearly … Continue reading

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