by Mike Duff | Sep 22, 2023 | Retail Articles
Market researcher Numerator said Amazon and Walmart were the leading retailers for back-to-college shoppers, with each retailer gaining share of back-to-college spending in 2023 versus 2022. According Numerator’s recent report, Back-to-College in a Shifting...
by Mike Duff | Sep 20, 2023 | Retail Articles
The holiday sales event season is shifting into full gear as Walmart and Best Buy have announced major promotional initiatives. First Amazon announced Prime Big Deals Days on October 10 and 11 then Target announced its latest Circle Week for October 1-7 Now Walmart is...
by Mike Duff | Aug 29, 2023 | Retail Articles
As the consumer electronics sector continues to struggle, Best Buy posted second-quarter comparable sales and earnings declines that still managed to come in ahead of Wall Street estimates. Net earnings were $274 million, or $1.25 per diluted share, versus $306...
by Mike Duff | Jul 12, 2023 | Retail Articles
Numerator has assembled an early read of the results from the first 32 hours of Prime Day 2023, which reveals that the event is triggering strong sales of home-related merchandise. Top categories that Prime Day buyers reported purchasing were home goods, at 27%,...
by Mike Duff | Jun 29, 2023 | Retail Articles
As the company prepares for its July supply events, Best Buy is rolling out its updated membership program, now in three three tiers designed for customers who want convenience, value and access, as well as protection and support. Each of the My Best Buy Membership...