Holiday shopping seen as record season with online rise
Retailers expect a 3 to 4 percent season gain, the strongest since 2006, as online spending climbs. Shopping locations like Mall of America draw large crowds amid improving weather, while customers chase post Christmas deals and targeted discounts across stores.
MENTIONED IN THIS ARTICLE
ShopperTrak
IBM Coremetrics
comScore Inc
East Coast
Mall of America
Bloomington
Minn
Dan Jasper
Atlantic Station
Atlanta
Shelly Melby
Goldman Sachs ties exec bonuses to long term company performance
Goldman Sachs will link top executives bonuses to the bank s financial performance. The plan uses benchmarks such as return on equity and stock price and applies to unidentified key employees this year. It allows clawbacks for rule violations and aims to align incentives with long term results amid regulatory scrutiny of risk. The firm faced public criticism after the 2008 crisis for mortgage backed securities and benefited from the bailout while paying multi million dollar bonuses to hundreds of executives.
MENTIONED IN THIS ARTICLE
Goldman Sachs
Washington, D.C
Goldman Sachs Group Inc
Investment Bank
New York
Goldman
Michael
Wall Street
Bank
Congress
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Pembroke Lakes Mall
Pembroke Pines
Fla
Jardine
Guess
Toys R Us
Times Square
Ultimate
Brenda Watson
C.N.C
Herbal Solutions Centre
Silver Bluff Rd
Jewelers Loupt
Richland Ave
Aiken, S.C