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Unprecedented online shopping + Covid vaccine = package delays
Between the flood of online purchases and holiday packages being shipped, package delay rates could reach new heights this season as the Covid-19 vaccine is now sent across the country. Delay rates for carriers like UPS and FedEx could be near 20.....»»
Retailers plan for a Black Friday like no other
One of the biggest shopping days of the year will look dramatically different this holiday season as malls and stores enact COVID-19 precautions — .....»»
Life, death and pandemic greet California"s struggling Main Streets
As coronavirus cases surge during the busy holiday shopping season, uncertainty and unease have set in on Main Streets. As coronavirus cases surge during the busy holiday shopping season, uncertainty and unease have set in on Main Streets......»»
Sony preparing for PlayStation 5 launch for 2020 holiday season
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Microsoft doesn"t care if you buy the next-generation Xbox — and it"s a brilliant strategy (MSFT, SNE)
Microsoft This holiday season, both Microsoft and Sony are planning t.....»»
KeyBanc Upgrades Wolverine World Wide, Sees Pockets Of Opportunity
Although Wolverine World Wide, Inc. (NYSE: WWW) faces soft consumer demand and this year’s holiday season remains uncertain, there seem to be pockets of relative opportunity in the footwear segment, according to KeyBanc Capital Markets. .....»»
Microsoft sets May 7 to unveil video games on new Xbox Series X console
Microsoft plans to release its new Xbox Series X video game console for the 2020 holiday season. On May 7, we will get a look at.....»»
UPS slashes spending, halts stock buybacks
UPS has spent billions of dollars in recent years to upgrade its delivery network with more sortation capacity and automated facilities so that it can handle delivery surges, like during the holiday season......»»
Trip.com Group anticipates peak travel season over May Day holiday
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Lululemon holds back forecast on virus uncertainty as results beat
Lululemon Athletica Inc beat analysts' estimates for quarterly results on Thursday, lifted by strong holiday season demand, but the athletic apparel maker did not provide a full-year forecast as the coronavirus outbreak fuels uncertainty......»»
The upcoming Playstation 5 will only play 2.5% of the Playstation 4"s library. Microsoft"s new console will play the vast majority of your current Xbox library. (SNE, MSFT)
Sony The PlayStation 5 is Sony's next major video game console, and it's scheduled to arrive this coming holiday season. In a new, hour-long video .....»»
Campbell Soup Co."s stock sizzles on strong profit, debt reductions
Campbell Soup Co. topped second-quarter earnings expectations on a better-than-expected holiday sales season, sending shares up in trading on Wednesday. The stock was trading at $50.83 as of 12:45 p.m, an increase of more than 6%. Camden-based Cam.....»»
Target sales dinged by shortened holiday season
NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down weak toy and electronics sales during the crucial holiday shopping season. Target joins a string o.....»»
Home Depot beats sales and profit estimates on housing market strength
Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season......»»
Macy"s strong holiday season brightens lackluster year
Macy's reported fourth-quarter earnings and sales that outpaced estimates......»»
Toy Companies Starting To Worry Coronavirus Could Hurt Supply For 2020 Holiday Season
Toy makers and buyers gather this week in New York for the industry's major confab. Toy company officials are starting t.....»»
Earnings Watch: Retailers’ holiday-season results, software updates and Beyond Meat earnings on the way
Retailers will reveal more about the holiday-shopping season in the coming week, with the end of the earnings recession in sight......»»
Walmart sees slowing online sales growth after lackluster holiday quarter
Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holiday season and lower demand for apparel, toys and electronics......»»
Mattel beats profit estimates as cost cuts take hold
Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»
Yelp stock sinks 8% after earnings decline even more than expected
Yelp Inc. shares dropped more than 8% in after-hours trading Thursday after the online-reviews company reported that holiday-season earnings declined even more than expected. Yelp reported fourt.....»»