Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year

Black Friday shoppers pick out clothing in a Lacoste store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023.  Vincent Alban | Reuters Black Friday e-commerce spending … Read more

Retailers cast doubt on Black Friday, holiday 2023 spending

A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb | AFP | Getty Images There’s a dark cloud hanging over Black Friday. A slew of retailers have issued tepid, cautious or downright disappointing fourth-quarter outlooks over … Read more

Client takeaways from WMT, TGT, HD retail earnings

A Goal division retailer in North Miami Seaside, Florida, Could 17, 2023. Joe Raedle | Getty Photographs Extra grocery purchases, fewer formidable do-it-yourself initiatives and last-minute splurges on the retailer. This week, among the largest retailers within the nation reported earnings and described how their prospects are purchasing. As House Depot, Goal and Walmart reported … Read more