Post-Christmas sales draw shoppers across Eastern Iowa
Local shoppers flood Coral Ridge Mall and Cedar Rapids stores for post Christmas exchanges and bargains. Gift cards and Christmas cash drive purchases while lines shorten and returns rise. Retailers report solid holiday season gains amid discounts and promotions.
MENTIONED IN THIS ARTICLE
Hursday
Kevin Stiers
Forever Fan
Coral Ridge
Coral Ridge Mall
Best Buy
Cedar Rapids
Jeff Mc
Allissa Milks
Graw
McGraw
MasterCard Advisors
Kohl’s
Coralville
Dubuque
Waterloo
Bloomberg News
Reuters
Jobless claims drop as hiring mood improves
Unemployment benefits filings fell 42,000 to 338,000 for the week ending December 21, when analysts expected 345,000. Continuing claims rose to 2.92 million, with year end holidays complicating adjustments. economists note firms are becoming more active in hiring amid broader economic strength.
MENTIONED IN THIS ARTICLE
Labor Department
Washington
Bloomberg
Omair Sharif
RBS Securities Inc
Stamford
Amazon refunds shipping charges after UPS delivery delays
Amazon offers $20 gift cards and refunds on shipping costs as UPS reports overwhelmed capacity before Christmas. Amazon cites UPS network failures while UPS says air volume exceeded capacity and notes no pickups or deliveries on Christmas Day. Executives from Wal-Mart Kohl's eBay Toys R Us Zulily and UPS did not immediately respond.
MENTIONED IN THIS ARTICLE
Amazon.com
United Parcel Service
Amazon
UPS
Mary Osaka
Forrester Research Inc
Bloomberg Businessweek
David Tovar
Wal-Mart
Jen Johnson
Kohl’s
Johnna Hoff
eBay
Kathleen Waugh
Toys “R” Us
Laura Jones
Zulily
Natalie Black
Quad Cities seek bid for Boeing 777X plant
Bi-State Regional Commission asks Iowa Governor Branstad and Illinois Governor Quinn to submit a bi state proposal to Boeing for a new 777X manufacturing plant in the Quad Cities. The plan could create about 8500 jobs with assets including two airports rail water and interstate transport plus Alcoa as a supplier. No response yet from the governors.
MENTIONED IN THIS ARTICLE
Quad Cities
Iowa
Illinois
Boeing
Bi-State Regional Commission
Terry Branstad
Pat Quinn
Rail Wa
Alcoa
Hunt
Commission
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Adam Wesley
the Gate
Alex Mondt
Jeff McGraw
George ‘d
Sourcemedia.net
the Gazett
Ter
Interstate
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