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Numerator: Black Friday Sparks Thanksgiving Weekend Sales but Inflation Weighs In

Numerator: Black Friday Sparks Thanksgiving Weekend Sales but Inflation Weighs In

by Mike Duff | Nov 30, 2022 | Retail Articles

With the Thanksgiving to Cyber Monday 2022 shopping period in the past, Numerator revealed research on consumer response to the economics, operations and promotions that influenced the day. According to Numerator: 87% of Thanksgiving weekend shoppers revealed that...
NRF: Consumers Beat Thanksgiving-to-Cyber-Monday Shopping Expectations

NRF: Consumers Beat Thanksgiving-to-Cyber-Monday Shopping Expectations

by Mike Duff | Nov 29, 2022 | Retail Articles

According to the National Retail Federation, a record 196.7 million consumers across the United States shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. In the annual survey covering the period...
Deloitte: More Spending from Black Friday to Cyber Monday

Deloitte: More Spending from Black Friday to Cyber Monday

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...
Ross Raises Q4 Guidance After Beating Q3 Expectations

Ross Raises Q4 Guidance After Beating Q3 Expectations

by Mike Duff | Nov 18, 2022 | Retail Articles

Although Ross Stores sales and earnings in its third quarter couldn’t surpass prior-year totals, the off-price retailer managed to beat Wall Street estimates for the quarter. In the period, Ross Stores posted net income of $342 million, or $1 per diluted share, versus...
Kohl’s Discusses CEO Search After Challenging Q3

Kohl’s Discusses CEO Search After Challenging Q3

by Mike Duff | Nov 17, 2022 | Featured News, Retail Articles

Kohl’s reported third-quarter results that beat earnings and revenue expectations, and the retailer’s independent chairman, Peter Boneparth, discussed qualities the company is seeking in a new CEO after Michelle Gass’ announced departure....
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