Today: Mostly sunny with a high in the low 70s. Wind from the Southwest 5-10 mph.
Tonight: Mostly clear with a low around 50. Light wind.
Tuesday: Mostly sunny with the high again in the low ... More...
Suggestions for a Less Stressful Shopping Season
The 2013 holiday shopping season is set to be the shortest on record. With just 26 days between Thanksgiving and Christmas, six fewer than last year’s 32 days, consumers will undoubtedly be seeking easy and efficient ways to still get their shopping done. In order to make the most of your shopping trips, here are a few simple tips from the professional at Hamilton Place Mall:
Have a shopping list. Taking a few minutes to actually write out what you need and who you’re shopping for can save both stress and over-spending. It will also save you time, especially if you’ve written down information such as sizes and color preferences. Don’t forget to list the people who will receive holiday tips such as the babysitter, dog groomer, mail and newspaper carriers or hair stylist. This will also help you manage your holiday budget. But you may also want to have a few “surprise” gifts that are generic in case you forget anyone or someone drops by with a gift for you during the holidays.
Be comfortable. Wear comfortable shoes to keep your feet happy during your shopping trip. If possible, leave your bulky winter coat in the car.
Shop during the week rather than on the weekend. Generally, fewer people shop during the week as compared to the weekend. Also, malls are places where people socialize as well as shop. With school in session during the week, you’ll find fewer families in the mall at that time.
Shop early in the day rather than later in the day or evening. Remember the saying, “The early bird catches the worm.” The same applies to shopping. In the mornings there are generally fewer people out. That means fewer crowds, faster service and time to browse a bit more when making gift selections.
Shop with somebody. This is a good idea unless the person you’re shopping with is the person you’re shopping for! Nevertheless, time goes by faster when you’re shopping with someone. Plus, you have somebody to talk to, to share gift ideas with and to help make color and size decisions.
Make multiple shopping trips rather than an all-day shopping marathon. This will require a bit more planning, but can help preserve your strength, stamina and sanity in the long run. There are numerous methods to use in following this suggestion such as shopping for all the members of a particular family or purchasing children’s presents on one trip and adult’s presents on another trip.
Map out your shopping trip. When planning a trip, you wouldn’t dream of driving off without having looked up directions on your phone or the internet. Why should shopping be any different? If you know what you want to purchase and where you can find it, half your battle is won.
Don’t forget the gift receipt and gift wrapping. In order to ensure that the recipient can return or exchange an item, make sure the sales associate includes a gift receipt with your purchase. At Hamilton Place Mall you will find Kids on the Block gift wrap stations located on the upper level by Customer Service and on the lower level by JCPenney.
Don’t be afraid to ask for assistance or directions. In order to make room for holiday and seasonal merchandise, stores sometimes have to reconfigure departments or sections. This can be confusing to a customer who regularly shops that store. As a result, a great deal of time can be spent “searching” for merchandise and the searching can lead to frustration. Why not simply ask a sales associate for assistance?
THINK SAFETY - One final suggestion regarding shopping – at any time – but particularly during the holidays, is to keep safety in mind at all times. Know where you place your credit card or checkbook after a purchase. Don’t keep large amounts of cash in your wallet or purse. Take in just want you need to spend and come back later. When getting money from an ATM, don’t let people crowd you too closely. When taking purchases to your car, lock them out of sight in the trunk rather than exposed in the back seat. Finally, let somebody at home know you’re going to be shopping, your destination, route and estimated time of return.
More Business News
Last Update on October 20, 2014 17:25 GMT
ARMONK, N.Y. (AP) -- IBM is paying $1.5 billion to Globalfoundries in order to shed its costly chip division.
IBM will make payments to the chipmaker over three years, but it's taking a $4.7 billion charge in its third quarter results.
IBM reports adjusted earnings of $3.68 per share, while revenue totaled $22.4 billion. Analysts polled by FactSet had predicted earnings of $4.32 per share and revenue about a billion dollars higher.
Globalfoundries will get IBM's global commercial semiconductor technology business, including intellectual property and technologies related to IBM Microelectronics. It also gets IBM's existing semiconductor manufacturing operations and plants in East Fishkill, New York and Essex Junction, Vermont, as well as its commercial microelectronics business.
Under the agreement, Globalfoundries will become IBM's exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years.
NEW YORK (AP) -- A research group says it expects China's economy to slow over the next decade.
The Conference Board on Monday forecast that growth in the world's No. 2 economy will slow to 4 percent per year between 2020 and 2025.
Chinese officials have rolled out stimulus measures as economic growth slows. The government is aiming for growth of 7.5 percent this year.
China's boom in the past decade, with growth peaking at about 14 percent in 2007, was driven by exports and spending on assets such as factories and apartment buildings. China's leaders now want more growth based on Chinese consumers.
EUROPEAN CENTRAL BANK
FRANKFURT, Germany (AP) -- The European Central Bank has started buying securities called covered bonds as it launches its latest stimulus effort aimed at preventing the 18-country eurozone economy from sinking back into recession.
An ECB spokeswoman confirmed the purchases began Monday.
Covered bonds are investments backed by loans such as mortgages. They carry extra protections for investors, which sets them apart from other such asset-backed bonds made from bundled loans.
The ECB is buying them to encourage banks to make the underlying loans. The idea is to get more credit moving to businesses in a eurozone economy that didn't grow at all in the second quarter.
The ECB stimulus efforts also include offers of extra-cheap loans to banks, based on how much they are lending to companies.
NEW YORK (AP) -- Platform Specialty Products Corp. said Monday that it will spend about $3.51 billion to buy rival chemical maker Arysta LifeScience Ltd. to diversify its product offerings.
Miami-based Platform makes specialty chemicals used in computers, cars and oil rigs. Arysta, which is owned by a fund backed by private equity firm Permira, makes fungicides and herbicides for crops.
The deal is expected to close in the first quarter of next year.
Arysta, which sells its products all around the world, had revenue of $1.5 billion in 2013. Platform has been growing its agricultural chemical business. Earlier this month, it bought agrochemical company Agriphar for about $380 million.
Shares of Platform are up 3 percent.
HOFFMAN ESTATES, Ill. (AP) -- Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million.
The company, which runs Kmart and its namesake stores, also said Monday that it struck a leasing deal with European fashion retailer Primark.
Sears Holdings Corp. said the rights offering will allow its stockholders to buy up to $625 million senior unsecured notes due 2019 and warrants to buy shares of its common stock. It anticipates up to $625 million in proceeds if the offering is fully subscribed and closes as planned. The proceeds will be used for general corporate purposes.
Earlier this month Sears said it would sell most of its stake in its Canadian unit to raise as much as $380 million.
Canadian Pacific ends CSX deal talks
Canadian Pacific Railway says it has ended talks with U.S. counterpart CSX about a possible combination and plans no more discussions about a deal.
The railway operator did not say why it ended talks, but it did note in a brief statement that regulatory concerns appear to be a major deterrent for railroads considering combinations.
Several reports surfaced recently that CSX had rejected a merger offer from Canadian Pacific Railway Ltd. Both railroads declined to comment on those reports, but CSX CEO Michael Ward said last week that regulators would likely take a cautious approach to any railroad consolidation deals.
Besides Jacksonville, Florida-based CSX Corp., the other large railroads are Norfolk Southern, Union Pacific, BNSF and Canadian National.
CSX shares are down more than 3 percent to $32.74 in premarket trading.
AIR BAG RECALL
DETROIT (AP) -- U.S. safety regulators are warning owners of more than 4.7 million vehicles that have been recalled for air bag problems to get them repaired immediately.
The warning issued Monday by the National Highway Traffic Safety Administration covers vehicles from multiple manufacturers that date to 2002.
Inflators can rupture in air bags made by Takata Corp., causing metal fragments to fly out when the bags are inflated in crashes. So far, automakers have recalled about 12 million vehicles worldwide because of the problem.
Safety advocates estimate that more than 20 million cars have the faulty inflators in the U.S. alone. They say at least four people have died from the problem.
The inflators have led to multiple recalls from Honda, Toyota, Nissan, Mazda, General Motors, Ford, Chrysler, BMW and Mitsubishi.
TOYOTA-AIR BAG RECALL
DETROIT (AP) -- Toyota is recalling 247,000 vehicles in high-humidity areas as an air bag problem that has plagued most of the auto industry continues to widen.
The recall posed Monday by U.S. safety regulators covers the 2003 to 2005 Corolla and Matrix, the 2002 to 2005 Sequoia and the 2003 to 2005 Tundra. Also included is the 2003 to 2005 Pontiac Vibe made by Toyota.
Inflators can rupture in air bags manufactured by parts supplier Takata, causing metal fragments to fly out when bags are inflated in crashes. The problem has caused serious injuries. So far, automakers have recalled about 12 million vehicles worldwide because of the problem.
The recall covers vehicles in South Florida, along the Gulf Coast, in Puerto Rico, Hawaii, the U.S. Virgin Islands, Guam, Saipan and American Samoa.
The Good LifeCelebrating the events, adventures and activities that represent "The Good Life" in the NewsChannel 9 viewing area.
SideroadsTake a ride with Brian Smith to explore the unique people and places to be found along the Sideroads of the NewsChannel 9 viewing area.
Road TrippinCome Road Trippin' with us and see all the great sites in your area!
Closings and DelaysThese are the latest School and Business Closings reported to NewsChannel 9. If you see errors or need to add a school or business, call 423-757-7320.
This N ThatLearn about the latest in community affairs and great events with Brian Smith on This 'N That.
Educator of the WeekNominate now for Educator Of The Week!
Deaf & Hard of HearingInformation provided to NewsChannel 9 by members of the Deaf and Hard of Hearing Community.
Sponsored EventsCheck Back Often for NewsChannel9 Sponsored Events!