Retail
Stock market today: Dow, S&P 500, Nasdaq attempt climb as Bessent dismisses sell-off, retail sales miss  Yahoo Finance Source link
Washington CNN  — American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to bite and harsh weather curbed economic activity.
Brian is a principal in Deloitte’s Strategy & Analytics practice. Brian has more than 15 years of retail experience, spanning the retail value chain. Specific work includes merchandising, supply chain, store ops, and enabling analytics & technology. Brian has advised dept., specialty, mass, and grocery retailers through growth strategy and business transformation engagements, including merch […]
Boom in US retail real estate defies prediction of ecommerce apocalypse  Financial Times Source link
Nvidia leads tech stocks, retail stocks edge up Applied Therapeutics plummets after FDA declines drug approval Retail stocks up on Black Friday Indexes up; Dow 0.42%, S&P 500 0.56%, Nasdaq 0 . . .
Dec 3 (Reuters) – About 197 million Americans shopped over the five days from Thanksgiving through Cyber Monday this year, data from the National Retail Federation showed on Tuesday. The number of shoppers exceeded the retail body’s prior expectations of 183.4 million, but was still lower than the 200 million shoppers in 2023. During the […]
Black Friday 2024 delivered a positive boost to US retail sales, recording a 3.4 per cent increase compared to the previous year, according to Mastercard SpendingPulse. E-commerce surged by 14.6 per cent year-on-year, while in-store sales showed a more modest growth of 0.7 per cent, reflecting changing consumer preferences. Broader spending trends in the two […]
Black Friday 2024 delivered a positive boost to US retail sales, recording a 3.4 per cent increase compared to the previous year, according to Mastercard SpendingPulse. E-commerce surged by 14.6 per cent year-on-year, while in-store sales showed a more modest growth of 0.7 per cent, reflecting changing consumer preferences. Broader spending trends in the two […]
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here.
Black Friday sales in the United States grew 3.4% compared to last year, according to preliminary data from Mastercard SpendingPulse. The report, which tracks retail sales across all payment types and excludes automotive purchases, revealed a robust performance in e-commerce, which surged 14.6%, while in-store sales showed a modest 0.7% increase. Shoppers increasingly turned to […]