holiday

Retail
Coresight: Consumers Reconsidering Holiday Spending

A recent Coresight Research study suggests that this upcoming holiday season will be one when previous trends will reverse or shift as consumers consider how they feel about where and when they spend money.

Retail
Jetblack Offers Peek At Best Selling Holiday Home Goods

For the holidays, Jetblack, the text-based, concierge-style e-commerce service that emerged from Walmart’s Store No. 8 business incubator to serve luxury-oriented urban shoppers, exclusively in New York City so far, has been watching, and sharing with HomeWorld Business, holiday home shopping trends.

Retail
Wayfair Gains During Thanksgiving Holiday Weekend

Wayfair has reported a 36% increase year over year in direct retail gross sales, defined as dollars of order intake, for the five-day peak shopping period of Thanksgiving Day through Cyber Monday. Black Friday and Cyber Monday were Wayfair’s highest revenue days ever, the company said.

Retail
NPD: Black Friday Still Dynamic

Black Friday remains a meaningful date even as retailers stretch out the promotion to as long as a week. About 17% of consumers responding to The NPD Group’s 2019 Holiday Purchase Intentions Survey said they plan to wait to start their holiday shopping on Black Friday itself.

Retail
NRF: Holiday Shopping Concentrated Earlier

More than half of consumers began shopping for the holiday by the first week of November and almost a quarter of purchases were made by then, according to an annual survey published by the National Retail Federation and Prosper Insights & Analytics.

Financials
Macy’s Cuts Guidance After Q3 Stumble

The third quarter was a tough one for Macy’s, so much so that the company reduced its full-year earnings per share guidance by 28 cents and its comparable store sales from flat to slightly up to negative territory, down 1.5% to 1% in its owned plus licensed stores.

Financials
Walmart Approaches Holidays After Strong Q3

As Walmart prepared in stores and online for the upcoming holiday season, the retailer posted a strong third quarter, with both net income and sales growth as well as the Walmart U.S. division in particular recording a solid performance. 

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