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How Nintendo Switch Black Friday Week Sales Compared In 2019
Thursday, December 5, 2019 - 5:49pm | 652Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them during the period that included Black Friday. Sales were bolstered during the Nov. 24-30 period, the company said, by a bundle deal that gave purchasers of the...
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An ETF For Cyber Monday And Beyond
Tuesday, December 3, 2019 - 10:19am | 480Black Friday sales rose to record heights, temporarily quelling the notion that shoppers don't like to go to physical stores anymore and by Thanksgiving, consumers had already spent $50 billion in November. That set Cyber Monday, the online equivalent of the old Black Friday, up for success and...
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Black Friday Sales 'On Track' With Expectations, Says Telsey Advisory CEO
Monday, December 2, 2019 - 10:51am | 479The traditional Black Friday shopping day is not what it used to be, as some retailers started their promotions right after Halloween, according to Telsey Advisory Group CEO Dana Telsey. Telsey Says 'Big Box Players' Won Black Friday Black Friday has morphed from a two- or three-day weekend...
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How Has Trading Sentiment Changed In The Retail Sector Ahead Of Black Friday?
Wednesday, November 27, 2019 - 1:06pm | 610The holiday shopping season, Black Friday and Cyber Monday in particular, is the most important time of year for U.S. retailers. Sentiment data from StockTwits could provide traders with some unique insight into market expectations for Black Friday 2019. Unfortunately, retail stocks are coming off...
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Holiday Shopping Season Lines Up Nicely For Retail ETFs
Wednesday, November 28, 2018 - 9:42am | 500Black Friday and Cyber Monday are in the books, but there's still plenty of time left for retail stocks and the related exchange traded funds to gain investors' favor this holiday season. Down more than 11 percent in the fourth quarter, the SPDR S&P Retail ETF (NYSE: XRT) could use some...
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Survey: Smartphones Fuel Record Cyber Monday Sales
Tuesday, November 27, 2018 - 3:39pm | 625Smartphones were a strong driver of Cyber Monday sales, according to online shopping data from Adobe Inc (NASDAQ: ADBE) Analytics. Record Sales Cyber Monday sales are estimated at $7.9 billion, a record performance and also the biggest online shopping day of all time in the U.S., Adobe said...
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Cyber Monday Gives E-Commerce ETF A Modest Boost
Tuesday, November 27, 2018 - 9:50am | 474Along with other Internet-related exchange traded funds, the Amplify Online Retail ETF (NASDAQ: IBUY) is enduring a rough fourth quarter. IBUY, the original e-commerce ETF, is saddled with a fourth-quarter loss of 18.35 percent, but bullish Cyber Monday data boosted the fund to start this week....
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A Black Friday Recap: Holiday Season 'Off To A Mixed Start'
Monday, November 26, 2018 - 1:38pm | 613Online Black Friday sales increased over 23 percent year-over-year, CNBC reported, citing data from Adobe Analytics. Small Business Saturday was set to reach $3 billion in sales, while Cyber Monday is expected to produce a new record of $7.8 billion, an 18-percent increase from 2017. Raymond James...
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Cyber Monday Tips And Deals
Monday, November 26, 2018 - 11:13am | 591After a record-breaking Black Friday, the Cyber Monday online holiday shopping event is in full swing. The website BestBlackFriday.com& put together some helpful tips for shoppers. Tips Finding great deals on popular products can be exciting; BestBlackFriday.com suggests Cyber Monday shoppers...
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Black Friday Shopping Schedule: Everything You Need To Know
Wednesday, November 21, 2018 - 8:55am | 813The Black Friday shopping event is almost here, and holiday shoppers are already planning their strategies. The website BestBlackFriday.com is on top of all the best deals, and here’s a rundown of everything you need to know about when they will be available. Thanksgiving Day Black Friday...
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Amazon's 2018 Prime Day Is Biggest Sales Event In Company History
Wednesday, July 18, 2018 - 10:10am | 335As portended by the early site crash, Amazon.com, Inc. (NASDAQ: AMZN)’s fourth annual Prime Day marked the e-commerce site’s biggest shopping event in history. What To Know The 36-hour sale saw a record number of Prime members across 17 countries capitalize on more than 1 million deals...
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'Tis The Season For This Retail ETF
Friday, December 8, 2017 - 10:42am | 556Traditional retail stocks and the relevant exchange-traded funds have faced plenty of controversy. While the holiday shopping season may provided some temporary relief to brick-and-mortar retailers, it's evident at least one ETF is emerging as the preferred way to play the retail sector. The...
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Black Friday And Cyber Monday…Did They Matter for Retailers?
Thursday, November 30, 2017 - 11:57am | 1256The origin of the term Black Friday has been somewhat obscured over time. It was originally used to mark the gold crash that happened on September 29 in 1869—and other dark days of steep declines in financial markets. Then in the early 1950’s, M.J. Martin used the term in Factory...
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Nearly Half Of Americans Want A Comeback For Big, Colorful Christmas Lights
Wednesday, November 29, 2017 - 5:41pm | 279Many Americans are nostalgic about disappearing Christmas traditions, according to a new report from Ebates. According to a survey from Ebates, 85 percent of Americans revealed there are some holiday traditions they miss and would like to bring back, including: big, colorful lights (47...
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Wall Street Breaks Down A Record-Setting Cyber Monday
Tuesday, November 28, 2017 - 11:48am | 614Retail returns to work today fat, happy and ready for a two-week nap after binging on your bank account over the Thanksgiving weekend. By Adobe Analytics’ latest projections, Americans were on pace to strike $6.59 billion in Cyber Monday spending — a 16.8-percent increase over 2016 that...