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E-Commerce Shopping Greatly Outpaces Total Growth Rate In 2020 Holiday Shopping
Saturday, December 26, 2020 - 3:52pm | 289Online sales grew a whopping 49% in this year's holiday shopping season. E-commerce Boom: A report from Mastercard Inc (NYSE: MA) today said holiday spending in general increased 3% from last year in the U.S. As expected amid the pandemic, the e-commerce side of things grew at a much faster...
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Best Buy, Etsy Among 2020 Black Friday's Big Winners
Tuesday, December 1, 2020 - 12:40pm | 582Black Friday and Cyber Monday are two of the biggest shopping events of the year for retail stocks. This year's holiday shopping season has been a unique one, and early data suggests retail investors could see some mixed outcomes. Online sales growth for Black Friday was up 22% according to...
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3 ETFs For Cyber Monday
Monday, November 30, 2020 - 8:22am | 634On the retail front, Black Friday is in the rearview and that means one thing: Cyber Monday is here. Last year, Cyber Monday sales checked in at $9.4 billion, up from $7.9 billion in 2018 and that number will likely rise in exponential fashion this year due to the coronavirus pandemic. There's...
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Commentary: Taming The Tsunami Of Post-Holiday E-Commerce Returns
Monday, January 6, 2020 - 3:11pm | 2105The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. With each year and each holiday shopping season that passes, global retail ecommerce sales attain a new record. According to forecasts released in February 2019 by...
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Shopping Carts Full: Trade Deal, Holiday Retail Sales Help Fuel Optimism
Thursday, December 26, 2019 - 11:19am | 1355(JJ Kinahan is out of the office today, so Alex Coffey, sr. specialist, Trader Group, is filling in). Christmas may be over, but that doesn’t mean there’s necessarily a lot happening on Wall Street today and tomorrow. In fact, the atmosphere might resemble an extended holiday, with many...
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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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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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19 Essential Gift Ideas For Everyone On Your Holiday Shopping List
Tuesday, November 26, 2019 - 4:00pm | 614To celebrate Black Friday, here is a list of Benzinga's 19 favorite gift ideas and some Black Friday week deals for your loved ones...or just yourself. Electronics Philips 65 inch Class 4K Android Smart TV for $278 at Walmart Inc (NYSE: WMT). PlayStation 4 Slim 1TB Fortnite Neo Versa gaming...
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Retail Expert: Nearly Half Of All Americans Will Go Shopping This Week
Tuesday, November 26, 2019 - 1:31pm | 319The retail environment will brace itself for nearly half of the entire U.S. population who will shop this week, according to American Apparel and Footwear Association CEO Rick Helfenbein. Total retail sales for the entire 2019 holiday shopping season could increase by as much as 4% year-over-year...
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Despite Tariff Fears, Market Shows Signs Of Resilience As Retail Earnings Continue
Thursday, November 21, 2019 - 10:40am | 2241Are the “three horsemen of risk” ready to ride again as trade worries push the market around? It looks like a “definite maybe” after a report from Reuters Wednesday that the “Phase One” trade deal might get delayed to next year. Volatility, bonds, and gold—...
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Shoppers Rise To The Occasion As Walmart Reports Another Impressive Quarter
Thursday, November 14, 2019 - 10:52am | 2221It looks like the consumer is still king, at least judging from Walmart Inc’s (NYSE: WMT) better than expected earnings and strong holiday guidance Thursday. Despite that, stocks have a flat to lower tone early on after major indices hit new highs yesterday. There’s not a lot of selling...
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Walmart To Open Q3 Books And Offer A Look-See On Key Holiday Shopping Season
Wednesday, November 13, 2019 - 10:06am | 1206In the battleground for the consumer that Amazon.com, Inc. (NASDAQ: AMZN) helped create over the last two decades, Walmart Inc (NYSE: WMT) has been fighting toothbrush and nail to keep a competitive edge. Despite AMZN’s heavy artillery in the e-commerce skirmishes, WMT has figured...
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How Video Game Stocks Perform Heading Into The Holiday Shopping Season
Monday, November 11, 2019 - 8:30am | 675Video game stock performance in the two months heading into the holidays has given investors about an even shot at gains and losses over the last decade, historical price data show. Unless you include Microsoft Corporation (NASDAQ: MSFT). When looking at six video game stocks’ performance...
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UPS To Hire 50,000 Seasonal Employees At One-Day Nationwide Event
Tuesday, October 29, 2019 - 5:33pm | 364Move over, Black Friday. To gear up for the holiday retail season and hire the 100,000 seasonal workers it needs, UPS Inc (NYSE: UPS) is holding a one-day hiring event on November 1, and it's calling the day "UPS Brown Friday." UPS hopes to hire 50,000 seasonal workers at 185 hiring fairs across...
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Consumer Discretionary Q4 Earnings: U.S. Consumer Appears Strong Amid Heightened Global Uncertainty
Friday, January 18, 2019 - 2:39pm | 1196Ahead of upcoming earnings, the consumer discretionary sector has seen some volatility as many retailers issued new guidance once the holiday shopping season came to an end. Overall it’s been a mixed bag, with much of the weakness appearing to be concentrated in clothing and department stores...