holiday season

Holiday Retail Sales Forecast to Rise 1% to 1.5%
The Economy

Holiday Retail Sales Forecast to Rise 1% to 1.5%

High unemployment and economic anxiety will weigh on consumers, keeping sales well below last year's 4.1% gain, Deloitte says.
By Matthew Heller | September 15, 2020
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E-Commerce Posts 18.8% Holiday Season Gain
The Economy

E-Commerce Posts 18.8% Holiday Season Gain

Retailers offered omnichannel sales earlier in the season, "meeting consumers’ demand for the best deals across all channels and devices."
By Matthew Heller | December 26, 2019
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Consumer Spending Rises 0.4% in November
The Economy

Consumer Spending Rises 0.4% in November

“Despite the late start to the holiday season, U.S. consumers were in a festive mood, suggesting the backbone of the economy remains rock solid."
By Matthew Heller | December 20, 2019
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Holiday Season Weakness Hits Macy’s, Kohl’s
Financial Performance

Holiday Season Weakness Hits Macy’s, Kohl’s

"The rising tide of the economy is not floating all retail boats,” an analyst says of the department store chains' disappointing sales growth.
By Matthew Heller | January 10, 2019
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Kohl’s Shares Dip 9% Despite Earnings Beat
Financial Performance

Kohl’s Shares Dip 9% Despite Earnings Beat

The retailer has been one of Wall Street's hottest stocks this year but investors may be jittery over promotional spending for the holiday season.
By Matthew Heller | November 20, 2018
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U.S. Holiday Sales to Pass $1 Trillion Milestone
The Economy

U.S. Holiday Sales to Pass $1 Trillion Milestone

A report by eMarketer predicts a 6% surge to $1.002 trillion in holiday spending this year, the biggest gain since 2011.
By Matthew Heller | November 6, 2018
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Apple Shares Fall 6.5% on Disappointing Outlook
Financial Performance

Apple Shares Fall 6.5% on Disappointing Outlook

The company's revenue projection for the holiday season fueled concerns that slowing growth "could translate into a new growth paradigm.”
By Matthew Heller | November 2, 2018
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Sears Takes More Steps to Shore up Finances
Strategy

Sears Takes More Steps to Shore up Finances

If the refinancing effort is not successful, the company "will consider all other options" to maximize asset value.
By Matthew Heller | January 10, 2018
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Target’s Comp Sales Surge 3.4% Over Holidays
Strategy

Target’s Comp Sales Surge 3.4% Over Holidays

The Christmas period results give "some validation to Target’s expensive plan to improve stores, delivery logistics, and customer service."
By Matthew Heller | January 9, 2018
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FedEx Earnings Beat, Package Deliveries up 9%
Financial Performance

FedEx Earnings Beat, Package Deliveries up 9%

The company predicts a record holiday season after strong domestic and international shipping demand over Thanksgiving.
By Matthew Heller | December 20, 2017
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Foot Locker Earnings Double in Third Quarter
Strategy

Foot Locker Earnings Double in Third Quarter

The retailer posted a 4.7% increase in same-store sales and is "well on track" to meet its target of a mid-single digit gain for the year.
By Matthew Heller | November 21, 2016
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Target’s Same-Store Sales Beat Expectations
Strategy

Target’s Same-Store Sales Beat Expectations

The 1.1% drop in comp sales for Q3 was a relief to investors and Target now forecasts as much as a 1% increase for the next quarter.
By Matthew Heller | November 16, 2016
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