With an enriching fourth quarter, Overstock managed to beat a Wall Street earnings estimate but fell short on sales. Company net income from continuing operations in the quarter was $32.9 million, or 68 cents per diluted share, versus $23.2 million, or 48 cents per...
Amazon posted big profits in the fourth quarter but not from retail sales, which suffered from the COVID-19 pandemic, supply chain and labor woes that the company is addressing, but in part, by raising the fee it charges for Prime membership. Operating income turned...
Super Saturday may not have been as super as retailers would have liked, although certain specific factors may have played into somewhat underwhelming results including the date being a full week before Christmas and retailers touting last minute delivery options that...
This year, more than 148 million consumers plan to shop in-store and online on Super Saturday, the last Saturday before Christmas, according to an annual survey from the National Retail Federation and Prosper Insights & Analytics. The 148 million figure represents...
Early season retailer promotions, a relatively long holiday shopping season and consumer determination to address their gift lists early had an effect on Thanksgiving weekend shopping, the National Retail Federation noted. According to an annual survey conducted by...
