by Mike Duff | Dec 2, 2024 | Retail Articles
Preliminary results from Mastercard SpendingPulse research indicate U.S. retail sales, excluding automotive, on Black Friday, November 29, increased year over year by 3.4%. Black Friday has evolved into a multiple-day promotional occasion, Mastercard noted, adding...
by Mike Duff | Nov 20, 2024 | Retail Articles
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
by Mike Duff | Nov 20, 2024 | Featured News, Retail Articles
TJX Cos., after a solid third quarter, declared the company’s fourth quarter is off to a good start ahead of what it expects to be a strong holiday finale. Net income was $1.3 billion, or $1.14 per diluted share, versus $1.19 billion, or $1.03 per diluted share,...
by Mike Duff | Nov 18, 2024 | Featured News, Retail Articles
The U.S. End-Of-Year Holiday Season Forecast by market researcher Forrester predicts total holiday retail sales in 2024 to top $1 trillion, up 3.7% from the 2023 total and with digital sales gains bolstering the estimated overall growth. Forrester defines holiday...
by Mike Duff | Nov 18, 2024 | Retail Articles
The Census Bureau data, according to National Retail Federation chief economist Jack Kleinhenz, demonstrates retail sales grew solidly the past two months based on the capacity for U.S. households to spend and the strength of the economy. October core retail sales —...
