Holiday season

Wall Street

Abercrombie & Fitch’s stock rises as its outlook is lowered

Abercrombie & Fitch said it saw strong consumer demand, but didn't have enough stock to sell, especially of Hollister and…

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News

Holiday Sales Growth Despite Supply Problems and Omicron

Holiday sales saw their fastest growth in 17 years despite shoppers facing high prices, a shortage of merchandise and an…

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The Shopping Rate on “Black Friday” Decreases by 28%

Consumer traffic at retail stores on Black Friday declined 28.3% compared to 2019 levels after Americans' spending habits began to…

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Macy’s Harvest of the Early Stock During the Holiday Season

Macy's raised its annual sales and profit forecasts for this year in a sign that the supermarket chain avoided supply…

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Walmart Holiday Season Is Starting Strong

Walmart raised its annual sales and profit forecasts, forecasting growth in demand for toys and apparel during the festive holiday…

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Poshmark Expects Weak Revenue During The Holiday Season

Poshmark cut its forecast for the holiday quarter after it failed to meet analysts' estimates as it faced more competition…

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Puma Encourages Customers To Prepare For The Holiday Season

Puma advised consumers to shop early for the holidays as supply chain problems and manufacturing disruptions will lead to shortages…

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News

Walmart Hires 20,000 Workers Ahead of Holiday Season

Walmart said it plans to hire 20,000 new workers in its supply chain division as well as raise wages ahead…

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Target sales up 17% this holiday season, coinciding with the wave of online shopping

Target reports a higher holiday season relative sales after online sales more than doubled due to the fast-delivery and increased…

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