Kathryn Gessner and Kathryn Roethel Rieck contributed to this report. Historically, whales have gotten a bad rap. In Greek mythology, whales were depicted as ferocious sea monsters, and we all know how Moby Dick ends. However, for many consumer businesses, the “whales” are a prized catch. The term refers to the big spenders, high-rollers, and … Continued

As America’s biggest retailer, Walmart has outsold Amazon in past holiday seasons. But debit and credit card transactions show Amazon is narrowing the gap.

lack Friday has a longstanding reputation as the biggest shopping day of the year, but does it really live up to the hype? Turns out, the answer is yes.