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1. Dow futures lower as bank stocks, Nike shares sink Late Thursday, the Fed imposed limits on dividend payments and suspended share buybacks at major U.S. banks after its annual banking industry stress test found several institutions could get uncomfortably close to minimum capital levels in scenarios tied to the coronavirus pandemic. Nike, often lauded
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. For decades, Black Friday was the ultimate deal-hunting opportunity for many. Now consumers get a chance to divide their shopping lists into two: great bargains on Black
The online fashion retailer Asos has staged a comeback after a difficult year in which it issued two profit warnings. It credited a record Black Friday for strong sales growth over the festive period. The firm said overall sales grew 20% to £1.1bn in the four months to 31 December, up from the 13% growth
For Dr Seuss it was the Grinch that stole Christmas in order to put an end to the festive cheer of the residents of Whoville. Now modern-day retailers have found their own way to stop Christmas from coming: Black Friday, the discount bonanza that today rivals Advent for its role in the countdown to the
The Boxing Day sales were a damp squib for struggling high street retailers with the much smaller crowds blamed on a combination of bad weather and rival Black Friday discounts offered in November. Shoppers still started queueing before dawn outside shopping centres such as the Trafford Centre in Manchester and branches of high street chain
Get great content like this right in your inbox. Subscribe Cybercriminals, as well as legitimate shoppers, flocked to digital retailers this Black Friday week. The LexisNexis Digital Identity Network recorded a 48% increase in total global transactions between Wednesday, Nov. 27 through Tuesday, Dec. 3, 2019 (Black Friday week). With that surge in retail traffic
