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Bargain-hunting shoppers turned out in droves for Black Friday markdowns, but they didn't open their pocketbooks as widely as last year, according to several retail firms tracking the data. As a result, retailers are only cautiously optimistic heading into the mainstream holiday season, including today's Cyber Monday, and experts believe that many stores will likely have to revamp promotions and discounting plans to ensure that inventories will be cleared by Christmas. (See pictures of people shopping on Black Friday...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...lessons from Black Friday are already sinking in. Shoppers showed that "they're thriftier, they're savvier and every one of them wants to be the best bargain hunter out there," said John Squire, chief strategy officer for Coremetrics, a Web marketing firm, in a statement...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...National Retail Federation (NRF) estimates that 195 million people visited stores and websites over the Black Friday holiday weekend, up from 172 million last year. However, shoppers spent less, with average spending dipping 8%, to $343.31 a person from $372.57 a year earlier. Total spending over the holiday kickoff weekend reached $41.2 billion, up only slightly from $41 billion a year...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

Scientists first detected the cyanobacteria that now infests Atitlan in the 1970s. But the genesis of the problem dates to the late 1950s when the Guatemalan government introduced non-native black bass into the lake's waters believing that hotels and restaurants could lure more tourists if they could offer freshly caught lake fish on their menus. Over the years, however, the bass ate through nearly the entire food chain, including the the young of the rare Pato Poc duck. Their consumption disrupted the ecosystem and destroyed the organisms that would have kept the bacteria...

Author: /time Magazine | Title: How Guatemala's Most Beautiful Lake Turned Ugly | 11/29/2009 | See Source »

...photos and other prized documents. Some of you may be sleeping peacefully believing that the external hard drive you picked up at Costco is backing up your data every night, but have you ever checked to see if it's configured correctly? What's really going on inside that black box? And what would happen if your house caught fire? (See the 50 best websites...

Author: /time Magazine | Title: Backing Up Files Online: It's Good to Mozy Along | 11/28/2009 | See Source »

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