Retailers Higher as Black Friday Online Sales Expected to Be Strong (M) (WMT) (AMZN)
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Retailers on Watch as e-Commerce Sales Lag Initial Expectations for Holiday 2012 (AMZN) (OSTK)
January 4, 2013 7:44 AM ESTRetailers might see a little extra pressure today as new data for 2012's holiday sales season rolls in.
According to comScore (Nasdaq: SCOR), e-commerce holiday spending for the two-months ended in December rose 14 percent in 2012. The number was about three points below... More
Online Black Friday Sales Said to Rip 26% Higher (BBY) (AMZN) (EBAY)
November 26, 2012 9:01 AM EST(Almost) everyone's a winner!
According to new data out of comScore (Nasdaq: SCOR) on Sunday, Black Friday e-commerce sales rose 26 percent to $1.042 billion, the first time e-commerce sales have topped the $1 billion mark for the holiday season's busiest shopping day.
... More
J.C. Penney (JCP) Sourcing Head Ken Mangon Resigns - Report
November 23, 2012 11:54 AM ESTJ.C. Penney Co., Inc. (NYSE: JCP) EVP of product development, design and sourcing Ken Mangon has resigned, according to a report from Business Insider. He has been with the company... More
Walmart (WMT) Updates on Black Friday Sales, Worker Strike
November 23, 2012 9:06 AM ESTWalmart U.S. (NYSE: WMT) reported its best ever Black Friday events. The retailer saw larger crowds than last year and a huge response to its first ever one-hour guarantee on key electronic items.
Walmart's Black Friday plan included three events this year at 8 p.m., 10 p.m. and 5 a.m. During the high traffic period from 8 p.m. through midnight, Walmart processed nearly 10 million register transactions and almost 5,000 items per second.
During the 8 p.m. event, customers filled shopping carts... More
Online Retail Spending Sprints Into Holidays as Watchers Eye In-Store Price Matching
November 21, 2012 3:46 PM ESTOnline retail spending is on pace to post impressive results, according to data from comScore (Nasdaq: SCOR). The analytics company is predicting 17 percent year-over-year gains in spending, totaling $43.4 billion.
The 2012 online holiday shopping season is off to an encouraging start with a 16-percent growth thus far, said comScore chairman, Gian Fulgoni. Recent 5-year highs... More
