Consumers purchased a record number of products on Amazon over “Turkey 5,” the period from Thanksgiving through Cyber Monday, the company maintained. Amazon stated that the Thanksgiving holiday shopping weekend was its biggest ever worldwide with...
According to the National Retail Federation, a record 196.7 million consumers across the United States shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. In the annual survey covering the period...
Preliminary data released by business services provider Sensormatic Solutions, indicated a 2.9% increase in retail foot traffic on Black Friday, November 25, compared to 2021, while Adobe Analytics reported that online sales at $9.12 billion gained from $8.92 billion...
Despite Black Friday promotions beginning earlier than typical this year, retailers saw an 11% increase in day-of Black Friday site traffic, a 5% increase in the number of orders and a 1% increase in average order values versus the sales period a year earlier,...
Best Buy sales and earnings tumbled in the third quarter, but they still came in ahead of a Wall Street estimate. For the quarter, net earnings were $277 million, or $1.22 per diluted share, versus $499 million, or $2 per diluted share, in the year-earlier quarter,...
