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US holiday retail sales grow 3.1%, down from prior year -Mastercard Dec 26, 2023 08:14AM

(Reuters) -U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday.

The increase is lower than the 3.7% growth Mastercard forecast in September and last year's 7.6% rise as higher interest rates and inflation pressured consumer spending.

Amazon.com and Walmart ramped up promotions through November in the United States to entice... (continue reading...)


Not so 'Super' Saturday: Retailers dangle fewer discounts for inflation-weary shoppers Dec 22, 2023 01:28PM

By Katherine Masters

NEW YORK (Reuters) - Last-minute shoppers looking for late deals ahead of Christmas may find smaller discounts and fewer items marked down at major retailers including Macy’s, Target and Ulta Beauty, according to an analyst and two datasets measuring retailers' recent prices.

After ramping up promotions for Black Friday, some of the country’s top gifting destinations cut back both the number and size of their... (continue reading...)


Amazon (AMZN) Hosted Record-Breaking Black Friday and Cyber Monday Holiday Shopping Event Nov 28, 2023 09:05AM

Amazon (NASDAQ: AMZN) today announced that its extended Black Friday and Cyber Monday holiday shopping event—which kicked off November 17 and continued through November 27—was its biggest ever compared to the same 11-day period ending on Cyber Monday in previous years. Customers around the world purchased more than one billion items on Amazon, with shoppers saving nearly 70% more on Amazon during the 11 days of deals compared to the same period last year. Amazon... (continue reading...)


US retailers stuck with excess stock offer bargains as holiday season nears Nov 13, 2023 07:50AM

By Ananya Mariam Rajesh and Savyata Mishra

(Reuters) - As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy's could be saddled with too much stock for a second straight year, according to a Reuters analysis, jeopardizing retailers’ profit margins and generating steep discounts for shoppers.

LSEG Workspace, a financial news and data platform, calculated inventory turnover ratios of 30... (continue reading...)


Costco (COST) October Comps Rise 3%, 1.1% in U.S. Nov 1, 2023 04:18PM

Costco Wholesale Corporation (Nasdaq: COST) today reported net sales of $18.53 billion for the retail month of October, the four weeks ended October 29, 2023, an increase of 4.5 percent from $17.73 billion last year.

For the first eight weeks of the fiscal year ended October 29, 2023, the Company reported net sales of $36.57 billion, an increase of 5.3 percent from $34.74 billion for the first eight weeks of fiscal year 2023 ended October 23, 2022.

Comparable sales were... (continue reading...)


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Apr 5, 2023 05:00PM Costco comparable store sales slip in March
Dec 13, 2022 08:56AM Redbook: US Retail Sales +5.9% Wk End Dec 10 Vs Yr Ago - DJ
Dec 6, 2022 08:57AM Redbook: US Retail Sales First Week Dec +5.7% Vs Dec Year-Ago
Nov 15, 2022 09:21AM Home Depot (HD) said it expects positive comps in Q4
Oct 5, 2022 04:49PM Costco Comparable Store Sales Rise 8.5% in September
Sep 12, 2022 11:15AM U.S. holiday sales growth likely to slow as inflation hits shoppers - report
Sep 2, 2022 09:17AM Ford Motor (F) August sales rise 27.3 percent
Aug 23, 2022 04:08PM Urban Outfitters (URBN) Misses Q2 EPS by 5c
Aug 18, 2022 06:52AM BJ's Wholesale Club (BJ) Tops Q2 EPS by 27c, Comps Rise 19.8%; Raises Outlook
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Jun 7, 2022 08:56AM Europe retail stocks lower on Target's latest warning
Jun 2, 2022 06:52AM The Buckle (BKE) May Comps Increased 5.3%
May 27, 2022 01:04PM U.S. retailers' ballooning inventories set stage for deep discounts
Apr 6, 2022 05:57PM Costco (COST) U.S. Comps Rise 19.1% in March
Mar 1, 2022 04:17PM Urban Outfitters (URBN) Misses Q4 EPS by 9c
Jan 5, 2022 04:53PM Costco (COST) U.S. Comps Rise 15.9% in December
Jan 5, 2022 04:16PM Costco (COST) Total Company Comps Increase 14.5% in Dec.
Dec 28, 2021 02:48PM Exclusive-From Kentucky to Arkansas, America's least-vaccinated states led in-store holiday shopping
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Nov 29, 2021 06:41AM Cyber Monday spending expected to slow as shoppers see fewer deals
Nov 26, 2021 10:04AM U.S. retail stocks slide on Black Friday as new virus worries arise
Nov 18, 2021 06:59AM Macy's (M) Q3 EPS Tops Consensus, Raises FY Guidance
Oct 7, 2021 06:52AM The Buckle (BKE) comparable store net sales for 5-week period ended October 2 increased 17.8%
Oct 6, 2021 04:18PM Costco (COST) Sept Comps Rise 14.3%
Aug 18, 2021 06:32AM Target (TGT) Tops Q2 EPS by 15c, Revenue In-Line, Comps Increase 8.9%
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Jun 3, 2021 09:18AM Ford Motor (F) Total May Sales Rise 4.1%, Retail Sales Fall 11.2%
May 21, 2021 06:46AM Foot Locker (FL) Tops Q1 EPS by 91c, Comps Increase 80.3%
May 19, 2021 08:06AM TJX Cos. (TJX) Tops Q1 EPS by 16c, Open-only Comp Store Sales Increased 16%
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May 19, 2021 06:03AM Lowe's Cos. (LOW) Tops Q1 EPS by 65c, Revenues Beat; Comps Rise 25.9%
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Feb 23, 2021 06:57AM Macy's (M) Tops Q4 EPS by 68c, Offers FY Guidance
Jan 13, 2021 06:55AM Big Lots (BIG) achieved a comparable sales increase of approximately 7.5% in Q4
Jan 13, 2021 06:31AM Target (TGT) announced comparable sales in combined November/December period grew 17.2%
Jan 11, 2021 05:02PM Fiesta Restaurant (FRGI) Reports Q4 Comparable Restaurant Sales
Jan 7, 2021 06:53AM The Buckle (BKE) December Comps Increased 17.9%
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