Some 86% of U.S. consumers are aware of supply chain disruptions that could impact holiday gift availability, and seven in 10 U.S. holiday shoppers are adjusting buying behavior this season, according to an L.E.K. Consulting survey. Supply chain isn’t the only factor...
Online holiday sales should grow by almost $20 billion in 2021, according to Forrester, Eric Haggstrom, an analyst for the market research firm, stated in a blog post. The gain will come despite consumers returning to stores and spending more on travel and...
For the third quarter, Ulta Beauty easily exceeded Wall Street profit and revenue estimates as lesser COVID-19 concerns helped boost sales, and it launched initiatives that included launching operations at Target stores. Net income came in at $215.3 million, or $3.94...
Market research firm Numerator released early Black Friday data indicating Amazon captured the highest spend share for the occasion and Cyber Monday data revealing inflation and supply chain issues affected how consumers shopped. Amazon came out on top for the second...
Although feeling some pressure from the COVID-19 pandemic, labor and transportation issues, Ross Stores still managed to post a double-digit third-quarter comparable store sales gain versus the 2019 period and higher earnings as well. Ross Stores posted diluted...
