U.S. shoppers spent a record $126 billion on online shopping during the 2018 holiday season, taking advantage of early discounts on Amazon.com and other websites and with more people using smartphones to place their orders, Adobe Analytics said on Tuesday.
The clock may be fast running out on Sears Holdings Corp, but you wouldn't know it from the company's feisty posts on Twitter.
The clock may be fast running out on Sears Holdings Corp , but you wouldn't know it from the company's feisty posts on Twitter.
Jan 8 The clock may be fast running out on Sears
Holdings Corp, but you wouldn't know it from the
company's feisty posts on Twitter.
Online personal styling service Stitch Fix Inc on Monday said it did not expect to increase the number of its active subscribers in the holiday quarter, as customers focused on gift-buying rather than themselves, sending shares down 14 percent.
NEW YORK Online cosmetics retailer Birchbox made its debut inside several Walgreens Boots Alliance Inc stores across the United States on Thursday, one of many e-commerce companies expanding its physical presence to better connect with shoppers and drive sales.
U.S. teen apparel retailer Abercrombie & Fitch Co forecast same-store sales for the holiday quarter above analysts' estimates on Thursday, driven by strong sales at its Hollister and flagship stores, sending its shares soaring 24 percent in early trading.
Tiffany & Co on Wednesday reported quarterly sales that missed estimates as Chinese tourists spent less than expected at the jeweler's stores in the United States and Hong Kong, a shortfall that sent the company's shares down as much 13 percent.
NEW YORK As store sales fall and purchases shift online over the Thanksgiving weekend, many U.S. retailers still open their doors on Thanksgiving itself, Thursday evening - to their detriment.
NEW YORK The Thanksgiving Day and Black Friday kickoff of the U.S. holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones while sales and traffic at brick-and-mortar stores declined. | Video