E-tailer Newegg has announced its most successful Black November promotional period to date, driven in large part by strong sales from Thanksgiving to Cyber Monday.
From Thanksgiving Day through Cyber Monday, Wayfair’s direct retail gross sales, defined as dollars of order intake, increased 52% versus the 2015 holiday, the company reported, while total overall gross sales advanced 46% in the period year over year.
As part of its ongoing digital sales research, Adobe suggested that Cyber Monday sales came in on track to set a new record with $3.39 billion spent online, a 10.2% increase versus the 2015 date.
With the election behind them, consumers seem to be eager to see the deals retailers will offer for the biggest shopping weekend of the year, with 59% of Americans— an estimated 137.4 million people— planning to or considering shopping during Thanksgiving weekend, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
According to Deloitte, 76% of Americans plan to shop over the Thanksgiving holiday weekend.
After almost tripling its online product assortment this year from eight million to more than 23 million items, Walmart is offering its largest Cyber Week assortment to date and kicking off the promotional period the day after Thanksgiving with online specials.
Amazon has launched 35 days of deals, with daily Black Friday-style doorbuster promotions running through December 22 across a broad range of product categories, including home.
The presidential election shouldn’t have a major impact on holiday shopping, according to a survey by RetailNext, although a significant proportion of consumers contend they will spend less depending on which candidate becomes president.
A study from market research firm Market Track suggested that a lot of holiday shopping would be completed earlier this year.
Amazon has reported that consumers ordered more than 23 million items from sellers on its site over the course of…
The final full week of November was a record setter for QVC, with the e-tailer reporting record weekly sales for…
Wayfair has reported a 109% increase in overall gross sales, defined as dollars of order intake, and a 130% increase…
Cyber Monday 2015 is poised to be the biggest online shopping day ever, according to preliminary figures from Adobe that…
Despite its website being temporarily offline early Monday morning, Target, in a blog post on its website, said Cyber Monday…
With the holiday shopping season in full swing, the National Retail Federation estimates that 121 million consumers will login to…
Cyber Monday traffic was apparently too much for Target.com. Target’s website went down for a short period at around 11…
In its 2015 holiday season forecast, comScore is predicting that total online retail spending for the November–December period will reach…
Walmart is moving Cyber Monday up a bit, launching its deals for the promotional period on Sunday evening, November 29…
According to a survey conducted by Deloitte, 57% of consumers plan to shop over the Thanksgiving weekend, with the majority…
A Black Friday study by the International Council of Shopping Centers (ICSC) demonstrated that 71% of consumers in the United…