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Shoppers went for the deals this holiday weekend: It's up to retailers to keep them coming

165 million shopped in stores and online Thanksgiving weekend. Now it's up to retailers to keep the surge going during the long holida.....»»

Category: topSource: usatodayNov 27th, 2018

Best Buy cut 5,000 jobs this month, even as online sales soared during pandemic

Best Buy said it cut the jobs because more shoppers are choosing to buy online instead of coming inside stores. It said it will replac.....»»

Category: topSource: chicagotribuneFeb 25th, 2021

Bed Bath & Beyond converts 25% of stores to fulfillment centers, recalls some furloughed employees

Bed Bath & Beyond is bringing back hundreds of furloughed employees and converting a quarter of its stores to regional fulfillment centers to support an online sales surge of 85% so far in April. The conversion almost doubles the home goods reta.....»»

Category: topSource: bizjournalsApr 28th, 2020

Target"s online sales skyrocket

The huge surge in online sales at Target is offsetting the bulk of the damage done by the lockdowns to its physical stores. Fred Katayama reports......»»

Category: videoSource: reutersApr 23rd, 2020

Target"s online sales skyrocket as shoppers stock up

A surge in online sales for Target in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said Thursday......»»

Category: topSource: moneycentralApr 23rd, 2020

Target"s online sales skyrocket as shoppers stock up from their homes

A surge in online sales for Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said on Thursday......»»

Category: topSource: reutersApr 23rd, 2020

Chipotle March same-store sales drop even as delivery orders surge

Chipotle Mexican Grill Inc on Tuesday reported a 16% drop in March same-store sales while online orders surged, as it was forced to keep stores closed because of the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

How grocery stores have fared during the pandemic

Grocery stores in dozens of states have seen a surge of shoppers searching for supplies and stockpiling food, and those in eight states have had over 50% sales growth year over year......»»

Category: topSource: moneycentralApr 17th, 2020

Target"s online sales surge as shoppers opt for pick up, delivery

Target, buoyed by a surge of shoppers ordering online, reported .....»»

Category: topSource: usatodayMar 3rd, 2020

Weak holiday sales at Kohl"s, J.C. Penney spell more trouble for stores

Kohl's Corp and J.C. Penney Co Inc reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day......»»

Category: topSource: reutersJan 9th, 2020

The Wall Street Journal: Holiday shoppers flocked to online stores, preliminary data shows

Total U.S. retail sales for Nov. 1 through Christmas Eve rose 3.4% from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment......»»

Category: topSource: marketwatchDec 26th, 2019

Online sales hit a record high, boosting a short US holiday shopping season

Reuters US shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online .....»»

Category: topSource: businessinsiderDec 25th, 2019

Record online sales give short U.S. holiday shopping season a boost: report

U.S. shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed......»»

Category: topSource: reutersDec 25th, 2019

Factbox: Sizing up retailers" performance as online sales surge

As online shopping upends the retail business, many Wall Street analysts say traditional measures such as counting the number of people who visit stores on major shopping days are no longer a reliable gauge of a company's performance......»»

Category: topSource: reutersDec 23rd, 2019

Retailers post record Black Friday — online, at least

Cyber Monday got its start as a online-retailing addendum to Black Friday, but the idea has bled backwards, with consumers increasingly heading online, instead of to stores, on the day after Thanksgiving. Bloomberg reports that online sales on Black.....»»

Category: topSource: bizjournalsDec 2nd, 2019

Black Friday Online Sales Hit Record $7.4 Billion as Fewer Shoppers Visit Stores

Sales were still half a billion shy of last year’s historic Cyber Monday n.....»»

Category: topSource: timeNov 30th, 2019

Black Friday shoppers stay away from stores, make $7 billion-plus splurge online

U.S. shoppers made more purchases online on Black Friday than in the mall - hurting traffic and sales at brick-and-mortar stores, according to data that offered a glimpse into what is still one of the busiest shopping days of the year......»»

Category: topSource: reutersNov 30th, 2019

Black Friday online sales reach $600 million by early morning, on path to $7.4 billion for the day

Shoppers awoke from their Thanksgiving food comas ready to shop, with $600 million in Black Friday online sales tallied by 9am ET, according to Adobe Analytics . Black Friday is on track to finish with $7.4 billio.....»»

Category: topSource: marketwatchNov 29th, 2019

Black Friday sees fewer shoppers in U.S. stores as spending moves online

Fewer people lined up outside stores as Black Friday shopping kicked off, suggesting early discounts offered by retail chains and a surge in online buying may have taken the shine off America's biggest shopping day......»»

Category: topSource: reutersNov 29th, 2019

Black Friday sees fewer shoppers in stores as spending moves online

Fewer people lined up outside stores as Black Friday shopping kicked off, suggesting early discounts offered by retail chains and a surge in online buying may have taken the shine off America's biggest shopping day......»»

Category: topSource: reutersNov 29th, 2019