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Tag: thanksgiving

Costco Q1 sales miss amid Thanksgiving web site snafu; earnings top Street

A web site outage that occurred over Thanksgiving weekend took a bite out of Costco Wholesale’s first quarter sales.  The retail giant reported earnings of $844 million, or $1.90 a share, for the quarter ended Nov. 24, compared to $767 million, or $1.73 per diluted share, last year. Analysts were expecting $1.71 a share. Net sales rose 5.6% to …

Costco Q1 sales miss amid Thanksgiving web site snafu; earnings top StreetRead More

Retail sales fall short in November amid late Thanksgiving

Get great content like this right in your inbox. Subscribe Retail sales advanced at a snail’s pace in November as consumers cut back on spending.  Retail sales inched up 0.1% in November over October and were up 2.1%   year-over-year,  reported the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants. NRF’s …

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Holiday season off to solid start as 190 million people shop Thanksgiving weekend

Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation said Tuesday. The retail trade group said that’s …

Holiday season off to solid start as 190 million people shop Thanksgiving weekendRead More

Cyber Monday sales on track to hit record, Retail News, ET Retail

NEW YORK – Cyber Monday is still holding up as the biggest online shopping day of the year, even though many of the same deals have been available online for weeks and the name harks back to the days of dial-up modems. Shoppers are expected to spend a record $9.4 billion on purchases made on …

Cyber Monday sales on track to hit record, Retail News, ET RetailRead More

ICSC: Spending strong on Thanksgiving, Black Friday 

Get great content like this right in your inbox. Subscribe Consumers were in a spending mood for the official kick-off of the holiday shopping season. Beginning on Thanksgiving Day, consumers spent an estimated average of $504, with 50$ spending more than last year, setting the stage for a strong season, according to the International Council …

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Costco’s website goes down on Thanksgiving, others also see outages

Shoppers walk past a placard that states “Black Friday preview” at a Macy’s store as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, November 22, 2019. Mark Makela | Reuters As online shopping becomes more popular over the Thanksgiving weekend, some retailers experienced outages amid the …

Costco’s website goes down on Thanksgiving, others also see outagesRead More

French lawmakers hope to ban Black Friday due to environmental impact

“Youth for climate” activists demonstrate against the Black Friday in the Quatre Temps mall at La Defense business district, West of Paris, on November 29, 2019. PHILIPPE LOPEZ | AFP | Getty Images Black Friday sales contribute to waste and overconsumption, a group of French lawmakers have said, arguing that the annual retail extravaganza should …

French lawmakers hope to ban Black Friday due to environmental impactRead More

Black Friday online sales up 19% by 9 am, Thanksgiving sales hit record online

An employee pulls a cart stacked with boxes at the Amazon.com fulfillment center in Kenosha, Wisconsin. Jim Young | Bloomberg | Getty Images Big turkey dinners didn’t slow down shoppers this Thanksgiving. Shoppers spent $4.2 billion online on Thanksgiving, a 14.5% increase from last year and a record high, according to data released by Adobe …

Black Friday online sales up 19% by 9 am, Thanksgiving sales hit record onlineRead More

Happy Thanksgiving from Chain Store Age

By CSA Staff – 11/26/2019 Get great content like this right in your inbox. Subscribe The team at Chain Store Age would like to wish our readers, your families, and friends a Happy Thanksgiving holiday. We thank you for your readership and contributions to the publication. Chain Store Age will be closed for the Thanksgiving …

Happy Thanksgiving from Chain Store AgeRead More

E-tailers eye Super Bowl of shopping to boost sales in India, Retail News, ET Retail

New Delhi, Like all things American, Black Friday madness that began after Thanksgiving Thursday took over the Indian shoppers as several online players as well as offline stores on Friday jumped on the bandwagon to boost sales and add new customers in the festive season. From Amazon to H&M, the Black Friday offers flooded people’s …

E-tailers eye Super Bowl of shopping to boost sales in India, Retail News, ET RetailRead More