by Mike Duff | Oct 11, 2022 | Retail Articles
With its forecast impacted by an Amazon promotion it expects will draw considerable purchasing into October, Adobe stated that it expects online holiday-period sales in the United States to grow just 2.5% year over year, reaching $209.7 billion. Over the November 1 to...
by Mike Duff | Feb 25, 2022 | Retail Articles
With an enriching fourth quarter, Overstock managed to beat a Wall Street earnings estimate but fell short on sales. Company net income from continuing operations in the quarter was $32.9 million, or 68 cents per diluted share, versus $23.2 million, or 48 cents per...
by Mike Duff | Jan 3, 2022 | Featured News, Retail Articles
Retail sales excluding automobiles gained 8.5% year-over-year this holiday season running from November 1 through December 24 according to Mastercard SpendingPulse, which tracks transactions across all payment types, Online sales grew 11% compared to the period a year...
by Mike Duff | Dec 15, 2021 | Featured News, Retail Articles
This year, more than 148 million consumers plan to shop in-store and online on Super Saturday, the last Saturday before Christmas, according to an annual survey from the National Retail Federation and Prosper Insights & Analytics. The 148 million figure represents...
by Mike Duff | Nov 30, 2021 | Featured News, Retail Articles
Early season retailer promotions, a relatively long holiday shopping season and consumer determination to address their gift lists early had an effect on Thanksgiving weekend shopping, the National Retail Federation noted. According to an annual survey conducted by...