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Tag: strong

Survey: Digital research drives strong millennial spending

Millennials are making more major purchases than any other group, but they are doing their research first. According to a new consumer survey from TD Bank, millennials made, on average, nearly four major purchases in the past year, while Gen X and baby boomers combined averaged just 2.8 major purchases during that time. Survey data also …

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Another study confirms mobile’s strong holiday performance

Get great content like this right in your inbox. Subscribe The 2019 holiday season may prove to be a watershed event for mobile commerce. According to a new study from mobile commerce optimization platform Button, there was a 68% increase in overall mobile spend per shopper during the 2019 holiday season compared to the same …

Another study confirms mobile’s strong holiday performanceRead More

Target gives investors ‘great’ chance to buy after strong 2019

Investors might want to take their shot at Target. One of 2019’s best-performing retail stocks with an impressive 94% annual gain, Target is off to a rocky start in 2020, plunging over 6.5% on Wednesday after reporting weaker-than-expected holiday sales. That brings Target’s total year-to-date loss to roughly 9%. Macy’s stock, which ended 2019 with a …

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Build-A-Bear Workshop lifts forecast on strong holiday sales; adding Baby Yoda to lineup

Get great content like this right in your inbox. Subscribe Build-A-Bear Workshop had plenty to cheer about on Tuesday. The company lifted its full-year forecast based on strong holiday sales. And in a presentation at an industry event, it revealed that one of the most popular characters to emerge from a “Star Wars”-related show in …

Build-A-Bear Workshop lifts forecast on strong holiday sales; adding Baby Yoda to lineupRead More

Build-A-Bear stock pops on strong holiday sales, Baby Yoda

The Child, popularly known as “Baby Yoda,” is a character in the new Disney+ series, “The Mandalorian” Episodic Photos, Disney Is Baby Yoda good for business? We’ll soon see.  Shares of Build-A-Bear Workshop skyrocketed 15% Tuesday after the company increased its 2019 full-year forecast, citing stronger-than-expected holiday sales, and revealed that it would be releasing …

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Salesforce: Digital holiday spend up 8% amid strong mobile growth

Mobile devices helped push global digital spending to a new record during the 2019 holiday shopping season. Online spending rose 8% during the 2019 shopping season, accounting for $723 billion in revenue worldwide, according to Salesforce’s 2019 Holiday Shopping Report. The report found that mobile reigned victorious as 2019 ended with mobile being the number one device driving digital traffic …

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Retail stocks that could have a strong 2020

Some of the most beaten-down names in retail might end up being your best bets in 2020. That’s not to say there still isn’t reason to be wary about some of these companies. You’re taking a risk when you invest in a struggling business, especially in the challenged retail industry, which has faced management shakeups, …

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A year of growth, strong markets and trade deals, they claim. And if it all goes wrong? | Business

The year that is just coming to an end was the nearly year. There was nearly a global recession. There was nearly a full-blown trade war between the US and China. And Britain nearly left the European Union. In the event, none of things happened and 2019 will go down in history as one of …

A year of growth, strong markets and trade deals, they claim. And if it all goes wrong? | BusinessRead More

Stitch Fix CEO on future of company as shares soar on strong quarter

Stitch Fix is finding success in an evolving retail landscape because its business embodies the new consumer preference, CEO Katrina Lake told CNBC on Tuesday. “Today people want to be treated like unique individuals and they want to be respected for their preferences,” Lake said on “Squawk Alley.” “And I think our model is really …

Stitch Fix CEO on future of company as shares soar on strong quarterRead More