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Tag: Retail sales

As Prime Day 2018 nears, Criteo VP clues merchants on grabbing potential triple-digit sales boost

Amazon’s Prime Day has become not only a spending holiday for consumers shopping the marketplace but also a huge opportunity for all retailers across the web. In fact, Criteo data shows that for retailers that started advertising deals and sales early in the week before July 10, 2017, sales were up 30% from normal July activity.  …

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The future of retail amid Covid-19

People wearing face masks walk past a sale sign on Oxford Street in London, England. NurPhoto The coronavirus pandemic is likely to change how and what consumers buy, forcing the retail industry to quickly innovate in a race that’s likely to squeeze smaller brands. Retailers were already under pressure prior to the pandemic, struggling to …

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Key level to watch as stock mounts comeback

Home Depot shares could be building toward a breakout. That’s TradingAnalysis.com founder Todd Gordon’s latest call on the home improvement retailer’s stock, which has lost steam in the month after its most recent earnings report as shareholders worried about margin pressures, tied in part to the company’s $11 billion “One Home Depot” project meant to …

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What to watch out for when shopping online from work this Cyber Monday

Pictured: (l-r) Rainn Wilson as Dwight Schrute and Steve Carell as Michael Scott in an episode of “The Office.” Justin Lubin | NBCU Photo Bank If you’re like many workers, you’ll be shopping online while you’re working today. A recent survey from Robert Half Technology, a human resources consulting company, found that 52% of employees …

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Black Friday may not save retail, but some e-commerce plays are buys

Retail has had a rough year. One of the worst-performing groups in the stock market for 2019, retail stocks have had difficulty mitigating the effects of the ongoing U.S.-China trade war and consumers’ shifting shopping preferences, with names like Macy’s and Gap notching double-digit losses for the year. The SPDR S&P Retail ETF, also known …

Black Friday may not save retail, but some e-commerce plays are buysRead More

Black Friday is ‘bigger than it ever was,’ former Toys R Us CEO says

Black Friday is “bigger than it ever was,” although consumers are shifting when, where and how they shop, former Toys R Us CEO Gerald Storch told CNBC on Wednesday, dismissing those who say the frenzy is dying down. In an appearance on “Power Lunch,” Storch pointed out that the after-Thanksgiving extravaganza has become a three-day …

Black Friday is ‘bigger than it ever was,’ former Toys R Us CEO saysRead More

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports from Kohl’s and Urban Outfitters. …

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Target soars on Q3 earnings. Jim Cramer and other pros react

Target hit the bull’s eye. The big-box retailer surged 14% in Wednesday’s trading session, hitting an all-time intraday high after posting earnings and sales results for its fiscal third quarter that handily beat Wall Street estimates. Brian Cornell, the company’s CEO and chairman, said in an interview with CNBC on Wednesday that when Target is …

Target soars on Q3 earnings. Jim Cramer and other pros reactRead More

Costco stock nears a key level as retail earnings roll in, trader says

Trading Costco here may be worth the cost. So says Todd Gordon, founder of TradingAnalysis.com, who found the recent action in the consumer staples sector as a whole — and Costco’s stock in particular — to be worth investors’ attention. “I’m seeing the overall market being a little overbought, which gives me pause, but I …

Costco stock nears a key level as retail earnings roll in, trader saysRead More