by Mike Duff | Feb 7, 2025 | Retail Articles
The fourth quarter saw Amazon post strong overall and product sales gains and a big earnings advance that topped analyst estimates. Amazon’s North America results advanced, driven by selection expansion, price cuts and greater convenience, including faster...
by Mike Duff | Jan 7, 2025 | Retail Articles
Business services provider Adobe reported consumers spent $241.4 billion online for the 2024 holiday season of November 1 through December 31, up 8.7% for the period year-over-year. Of the $241.4 billion spent online, 54% came from the electronics category, at $55.3...
by Mike Duff | Jan 2, 2025 | Featured News, Retail Articles
Mastercard reported a 3.8% year-over-year increase in U.S. retail sales, excluding automotive, from November 1 through December 24, according to preliminary results from Mastercard SpendingPulse, which measures in-store and online retail sales. Consumers pursued value...
by Mike Duff | Dec 16, 2024 | Retail Articles
Indoor mall visits grew by 6.4% year-over-year during November, while open-air shopping center visits were up 4.8% and outlet mall visits were up 3.8%, according to Placer.ai. Traffic during the Black Friday weekend – including Friday, Saturday and Sunday – was up 6%...
by Mike Duff | Dec 12, 2024 | Retail Articles
Brigit, a financial company offering an app designed to help lower-income consumers manage money, has released its 2024 Black Friday and Cyber Monday spending report, which identified an increase in spending by paycheck-to-paycheck consumers in the period from Black...
