Showing 49 to 60 of 71 results
Nordstrom Raises Sales Outlook After Strong Holiday Season
Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.
Nordstrom Raises Sales Outlook After Strong Holiday Season
Nordstrom raised its full-year sales outlook to 1.5%-2.5% growth after exceeding holiday sales expectations, driven by competitive pricing and a strong product offering; however, profit guidance remained unchanged, and a buyout deal is planned for the first half of 2025.
Progress
36% Bias Score
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Online Holiday Sales Surge 8.7% to $241.4 Billion
Online holiday sales surged 8.7% to $241.4 billion, driven by deep discounts and the rise of AI-powered shopping assistants; Adobe Analytics data shows a 1% price drop boosted demand by 1%, adding $2.25 billion in spending.
Progress
40% Bias Score
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Slowdown in Spanish Retail Sales Growth in November 2024
Spanish retail sales grew 1% year-on-year in November 2024, slower than October's 3.4% and below forecasts, primarily due to decreased food and non-food spending; however, year-to-date growth stands at 1.5%, with Q3 showing strong gains in consumer and tech goods.
Progress
24% Bias Score
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Online Holiday Sales Surge 6.7%, Outpacing In-Store Growth
Online holiday sales from November 1st to December 24th increased by 6.7% compared to last year, exceeding in-store sales growth (2.9%) and the projected overall increase of 3.2%, driven by online discounts and convenient options offered by retailers.
Progress
48% Bias Score
Weak UK Retail Sales in November Despite Early Black Friday Discounts
Great Britain's November retail sales rose a meager 0.2% month-on-month, defying economists' 0.5% prediction and highlighting weak consumer spending; clothing sales plummeted 2.6%, hitting a low since January 2022, while food and household goods showed modest growth.
Weak UK Retail Sales in November Despite Early Black Friday Discounts
Great Britain's November retail sales rose a meager 0.2% month-on-month, defying economists' 0.5% prediction and highlighting weak consumer spending; clothing sales plummeted 2.6%, hitting a low since January 2022, while food and household goods showed modest growth.
Progress
16% Bias Score
Holiday Decor Spending Surges as Consumers Shift Priorities
Amid rising costs, consumers are prioritizing holiday decorations over gifts, with spending on home-related items and decorations up 22% year-over-year to \$181 per respondent in a Deloitte survey, prompting retailers to offer diverse, value-driven options.
Holiday Decor Spending Surges as Consumers Shift Priorities
Amid rising costs, consumers are prioritizing holiday decorations over gifts, with spending on home-related items and decorations up 22% year-over-year to \$181 per respondent in a Deloitte survey, prompting retailers to offer diverse, value-driven options.
Progress
40% Bias Score
Eurozone Retail Trade Sees Modest November Increase, but Recovery Remains Sluggish
Eurozone retail trade saw a 0.1% increase in November 2024, driven by fuel and food sales, but remains below pre-pandemic levels due to lingering supply chain issues, the war in Ukraine, and tight budgetary conditions; experts predict a modest recovery in 2025.
Eurozone Retail Trade Sees Modest November Increase, but Recovery Remains Sluggish
Eurozone retail trade saw a 0.1% increase in November 2024, driven by fuel and food sales, but remains below pre-pandemic levels due to lingering supply chain issues, the war in Ukraine, and tight budgetary conditions; experts predict a modest recovery in 2025.
Progress
12% Bias Score
Next to Hike Prices After Labour's Tax Increase
Next plans a 1% price hike due to £67 million increased wage costs from Labour's tax policies, impacting sales and potentially UK growth, despite a better-than-expected fourth-quarter performance.
Next to Hike Prices After Labour's Tax Increase
Next plans a 1% price hike due to £67 million increased wage costs from Labour's tax policies, impacting sales and potentially UK growth, despite a better-than-expected fourth-quarter performance.
Progress
60% Bias Score
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
CFPB Sues Walmart, Holiday Sales Surge, Record Credit Card Debt
The CFPB is cracking down on unfair credit card practices, suing Walmart and Branch for allegedly forcing drivers into costly accounts, while holiday retail sales surged 3.8%, exceeding expectations; average U.S. credit card debt reached \$1.166 trillion.
Progress
16% Bias Score
UK Retail Sales Underwhelm in November Despite Black Friday
UK retail sales rose a smaller-than-expected 0.2% in November, despite Black Friday discounts, due to a sharp drop in clothing sales and tough trading conditions; sales remain below pre-pandemic levels.
UK Retail Sales Underwhelm in November Despite Black Friday
UK retail sales rose a smaller-than-expected 0.2% in November, despite Black Friday discounts, due to a sharp drop in clothing sales and tough trading conditions; sales remain below pre-pandemic levels.
Progress
20% Bias Score
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
China's Consumer Promotion Boosts Five Key Cities
During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.
Progress
40% Bias Score
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
Progress
44% Bias Score
Showing 49 to 60 of 71 results