by Mike Duff | Nov 29, 2022 | Retail Articles
Preliminary data released by business services provider Sensormatic Solutions, indicated a 2.9% increase in retail foot traffic on Black Friday, November 25, compared to 2021, while Adobe Analytics reported that online sales at $9.12 billion gained from $8.92 billion...
by Mike Duff | Nov 22, 2022 | Retail Articles
Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
by Mike Duff | Nov 21, 2022 | Retail Articles
According to business services firm Deloitte, consumers will spend an average of $500 during the Black Friday to Cyber Monday period in 2022, up 12% from the selling events in 2021. During the Thanksgiving holiday weekend, shoppers plan to rely more on payment...
by Mike Duff | Nov 18, 2022 | Featured News, Retail Articles
The National Retail Federation forecasts 166.3 million people are planning to shop from Thanksgiving Day through Cyber Monday this year, up eight million from the 2021 period. The robust holiday weekend forecast was issued as NRF reported retail sales gains...
by Mike Duff | Oct 26, 2022 | Retail Articles
To get the season started right, Office Depot has announced its promotional initiative for the 2022 holidays including instant savings on top brands with new weekly bargains rolling out every Sunday and deals of the day running now through the end of the year. In...
