Hitwise released its report about e-commerce activity at the top 500 online retailers on Cyber Monday. Overall activity rose 24%, which is in line with other data. The online research firm said…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
Europe may only have a week to rescue itself from financial disaster. The borrowing costs of Italy and Spain have been unsustainably high for too long. The stability fund established to back…
It is clear that e-commerce sales growth has begun to race ahead of bricks-and-mortar revenue growth this holiday season. Comscore reports that Cyber Monday was “The Heaviest Online Spending Day In History”.…
comScore (NASDAQ : SCOR) reported U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season. For the holiday season-to-date, $12.7 billion has been spent online, marking…
The sovereign debt forest fire moved to Hungary, the debt of which was downgraded to junk status by Moody’s . Other factors were even more important as the fate of the EU…
Walmart (NYSE: WMT) has waited for years to gain the ability to have 100% ownership in a large retail company in India. It should be careful what it wishes for. It has failed in…
Douglas A. McIntyre Many stores are planning to open early on Black Friday in an effort to get a jump on holiday shopping, but spending increases are not expected to rise more than 3% or…
The purchasing managers indices of China, German and France all signaled slow growth or contraction in November. It is a sign that demand for exports and consumer expenditures are in free fall. China and…
A new study by the National Federation of Retailers makes a prediction that runs counter to almost every other forecast of holiday shopping activity. The data shows that the number of people who say…
According to MarketWatch, Walmart (NYSE: WMT) has opened its 10,000th store. “Wal-Mart Stores Inc.’s opened its 10,000th store worldwide Tuesday in central Mexico, as it speeds up its Mexican 2011 store expansion…
Douglas A. McIntyre An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat,…
These are some of Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Outperform and $500 target at Credit Suisse. CIGNA Corp. (NYSE:…
The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D’Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The figures show…
