The global smartphone market has momentum going into the year-end holiday shopping season, according to preliminary figures released Thursday by International Data Corporation (IDC).
An estimated 373.1 million smartphones were shipped worldwide during the third quarter of this year in a 2.7 percent rise from the same period in 2016, IDC said in a statement.
While IDC analysts considered theRead more
The U.S. department-store chains Macy's has announced its plan to close 68 stores and lay off more than 10,000 employees in 2017 after a disappointing holiday shopping season.
Macy's sales at established stores fell 2.1 percent in November and December compared to the same period in 2015, Macy's said earlier this week.
Macy's chief executive Terry Lundgren said the closuresRead more