Retail
Retail Articles
Adobe, which officially tracks the e-commerce sales from 80 of the 100 largest websites reported that Black Friday sales reached $5.03 billion, up 16.9% from last year. The company’s research shows...
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Software firm Adobe, which tracks online holiday sales by day, forecast Black Friday e-commerce sales would top $5 billion. They did. According to Adobe’s survey of 80 of the web’s largest online...
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As e-commerce continues to take over holiday shopping, Good Friday activity reached a new level. The sales number for the day was close to $5 million according to data from Adobe. The research...
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Traditional retail stocks did not get a break in the month which ended Thanksgiving. There was no renewed optimism they can successfully battle e-commerce this holiday season. The fact among the...
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According to research from Adobe, every day in November Americans have spent more than $1 billion online. Thanksgiving extended that record The software company tracks daily e-commerce sales: Based...
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Online shopping is setting a record pace so far in November according to Adobe Analytics. Total holiday season sales are forecast to rise nearly 14% year over year.
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Black Friday is known as the busiest shopping day of the year, but it seems that some retailers are starting early this year and opening their doors on Thanksgiving, adding to the madness. If...
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J. Crew announced plans to shut down 39 stores by the end of January as the retailer transforms itself into a 'digital-first' business.
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Several struggling retailers face a make-or-break holiday season. Sales have been lagging, cash flows have been drying up, and borrowing is getting more expensive.
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GameStop Corp. (NYSE: GME) reported its fiscal third-quarter financial results after the markets closed on Tuesday. The company posted $0.54 in earnings per share (EPS) and $1.99 billion in revenue,...
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Home improvement retailer Lowe's reported Q3 results Tuesday morning that were slightly better than analysts' consensus expectations. Investors have not been rewarding that kind of performance and so...
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Toys “R” Us is helping Hyundai sell its new Sonata. It is one of the novel ways the bankrupt retailer is trying to generate money outside its traditional business. Toys “R” Us has put a...
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Of 30 companies included in a recent study to determine progress to make and sell products that chemically safe, the top two were Apple and Walmart. There were also nine that earned grades of "F."
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Goldman Sachs this morning cut its rating on Walmart stock from Buy to Hold while raising its price target. Not all analysts see Walmart's run ending so soon.
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The long weekend between Thanksgiving Day and Cyber Monday will attract 75% of all Americans who plan to purchase holiday gifts this year.
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