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How Did Retail Perform During The Holidays?
Wednesday, January 13, 2021 - 7:35am | 369Read More...2020 may seem like a distant memory and we may have confirmation of how retailers performed throughout the holiday period, according to foot traffic analytic firm Placer.ai. 'Tremendous Resiliency': Retail foot traffic at 30 of the top retailers were down 48.1% year-over-year in May and...
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Retail Sector's Holiday Winners And Losers
Monday, December 28, 2020 - 8:41am | 758Read More...Americans being stuck at home or out of work this holiday season did not hamper holiday retails sales, according to data compiled by Mastercard SpendingPulse, which tracks overall retail spending across all payment types. Preliminary data from SpendingPulse found that holiday retail sales,...
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PlayStation 5, Xbox Supply Crunch Leads To 10% Decline In Digital Games' Sales Over Black Friday Weekend
Thursday, December 3, 2020 - 1:20am | 496Read More...Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...
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'Significant' Black Friday Foot Traffic Drop Needs Context, Retail Data Firm Says
Wednesday, December 2, 2020 - 3:06pm | 494Read More...Retailers suffered a "significant" drop in foot traffic on Black Friday, but this fact alone isn't enough to jump to any conclusions, according to Placer.ai. Black Friday Wasn't Supposed To Be Normal: Few, if any, investors and analysts were expecting 2020's Black Friday...
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PlayStation 5, Xbox, And Sneakerheads Drive StockX GMV To Record Highs Over Cyber Weekend
Tuesday, December 1, 2020 - 9:34pm | 322Read More...StockX said Tuesday it recorded a two-fold growth in daily gross merchandise value (GMV) during Cyber Weekend compared to last year. What Happened: The online marketplace, known for being a reseller of sneakers, said its daily GMV averaged 100% growth compared with the same four-day period...
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Best Buy, Etsy Among 2020 Black Friday's Big Winners
Tuesday, December 1, 2020 - 11:40am | 582Read More...Black 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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Retail Exec: 'Huge Surge' In Online Sales Is Here To Stay
Monday, November 30, 2020 - 4:19pm | 277Read More...Online sales were the "star of the show" this Thanksgiving and Black Friday weekend, and Americans will continue to "click their way through the pandemic," ex-Toys R Us CEO Gerald Storch said in a Fox Business interview. What Happened: Online shopping is a safe and easy way to...
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3 ETFs For Cyber Monday
Monday, November 30, 2020 - 7:22am | 634Read More...On 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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A Pandemic Black Friday: PlayStation 5 Buyers Camp Out At Stores That Are Otherwise Much Emptier
Saturday, November 28, 2020 - 1:32pm | 487Read More...The number of people who went to traditional stores this year fell by 52.1% compared to last year, according to preliminary data from Sensormatic Solutions. One exception though came from PlayStation 5 fans, as was expected. News reports across the country showed them camping out...
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Why November And December Are Critical For Video Game Sales
Friday, November 27, 2020 - 12:54pm | 523Read More...November and December are by far the biggest months for video games sales, but this holiday season could be particularly big. There are at least two reasons why video games could be flying off the shelves at a record pace this Black Friday and Cyber Monday. First, video game sales have gotten a big...
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Warrior Trading Black Friday Deals Are Live
Friday, November 27, 2020 - 10:23am | 238Read More...Happy Black Friday, traders. I hope everyone in the U.S. had a safe and restful Thanksgiving, and, for anyone else reading this, I hope you are staying healthy and keeping well regardless. I’m writing this brief update to draw everyone’s attention to the annual Warrior Trading...
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Black Friday Shopping Is A Little Different This Year: Could It Stay This Way Forever?
Friday, November 27, 2020 - 9:45am | 428Read More...The concept of Black Friday sales has been replaced with a holiday shopping season that started in October, according to SW Retail Advisors Stacey Widlitz. Six Week Event: Most retailers kicked off their "Black Friday sales" six weeks ago at around the same time Amazon.com, Inc. (...
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3 ETFs For Black Friday In The Age Of COVID-19
Wednesday, November 25, 2020 - 12:25pm | 717Read More...Black Friday is one of the most important days on the U.S. retail calendar, and the coronavirus pandemic guarantees this year's Black Friday be unlike any other. With COVID-19 cases trending higher across the country and renewed shutdown policies forcing temporary closures of non-essential...
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16 Black Friday And Cyber Monday Stocks You Can't Miss
Tuesday, November 24, 2020 - 10:30am | 749Read More...Thanksgiving Week kicks off the most intense portion of the holiday shopping season for retail stocks. There’s no question holiday season 2020 will be like none other, but some experts believe Americans will be buying big this week, and that could be very good news for retail stocks. Holiday...
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We Scanned The Best Black Friday Deals So You Don't Have To
Monday, November 23, 2020 - 3:31pm | 571Read More...Short on time? Don't feel like browsing the endless number of catalogs and flyers to find the best Black Friday deals? Benzinga has you covered. Here is a list of our favorite Black Friday deals and sales. Tech And Electronics Top TV Deal: LG 75-inch Smart TV for $999.99 (save $500) at...
