Wayfair Q4 Sales Up, Net Loss Also Grows

Wayfair reported strong double-digit sales growth in the fourth quarter, but the home product retailer also saw its net loss grow for the three months ended December 31 as well.

ShopperTrak: Late Season Boosts Holiday Store Traffic

ShopperTrak store traffic data for the Sunday before Thanksgiving Day, November 18  through Saturday, December 29, 2018, came in with slightly lower overall totals versus the period in the year earlier, but late season shoppers helped ensure that brick-and-mortar retailers saw a relatively successful holiday sales period before the calendar flipped to 2019.

Retailers Prepare For ‘Super Saturday’ Holiday Shoppers

More than 40% of holiday shoppers surveyed expect to finish their holiday gift shopping by today, December 19, but the biggest procrastinators will still be buying gifts through Christmas Eve, according to the annual consumer sentiment survey released by the National Retail Federation and Prosper Insights & Analytics. 

NRF: October Retail Sales Up 5.6%

With the holidays approaching, consumers have not slowed their spending in October as retail sales for the month were up 5.6% year-over-year, according to the National Retail Federation.

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