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Adobe Predicts Huge Jump in Online Holiday Sales
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E-commerce spending in the US is set to “shatter” all previous records for the holidays, according to Adobe Analytics.Sales will rise 33% year on year to $189 billion over the November-to-December period, Adobe predicted in its annual online...
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Retail
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Oct 28, 2020
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Rapaport News
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Deloitte: Jewelry Ranks Low on Consumer Wish List
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US consumers ranked jewelry low on their list of gifts to buy and receive from loved ones, as many plan to curb their spending this holiday season amid strong concerns about economic stability.The category was the...
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Retail
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Oct 25, 2020
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Rapaport News
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Holiday Sales Rise Amid Positive Sentiment
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US retail sales increased 4.1% during the recent holiday season amid steady consumer confidence, the National Retail Federation (NRF) said.Total sales for the November-to-December period were $730.2 billion, according to the NRF,...
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Retail
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Jan 20, 2020
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Rapaport News
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US Online Holiday Sales Reach Record $143B
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E-commerce spending in the US grew to a record high during the holiday season, driven by a rise in smartphone purchases, according to Adobe Analytics.Revenues rose 13% year on year to $142.5 billion over the November-December period, with consumer purchases...
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Retail
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Jan 14, 2020
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Rapaport News
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Strong November Sales Kick Off Season
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US retail sales rose in November as consumer sentiment was strong at the start of the holiday season, the National Retail Federation (NRF)said. Total purchases for November — excluding automobiles, gasoline andrestaurants — rose 0.1% compared to the...
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Retail
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Dec 15, 2019
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Rapaport News
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Holiday Season Gets Off to Solid Start
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The holiday season got off to a positive start over the five-day Thanksgiving weekend, with observers seeing record online sales.About 124 million people shopped in stores, while 142.2 million bought online during the...
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Retail
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Dec 04, 2019
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Rapaport News
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US Retail Sales Rise Ahead of Holidays
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US retail sales showed “particularly impressive” growth inOctober as shoppers prepared for the upcoming holiday season, according to the National Retail Federation (NRF). Total purchases for October — excluding automobiles,gasoline and restaurants — rose 0.2%...
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Retail
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Nov 17, 2019
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Rapaport News
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Alibaba Sees Record Singles’ Day Sales
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Singles’ Day has continued to grow as a major onlineshopping occasion in China, with Alibaba Group reporting record sales through itse-commerce sites. The total value of transactions on the Chinese retailgiant’s platforms rose 26% to CNY 268.4...
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Retail
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Nov 12, 2019
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Rapaport News
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Deloitte Predicts Uplift in Holiday Sales
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US retail sales are forecast toincrease by up to 5% this holiday season, while e-commerce spending could jumpby 18%, Deloitte said Tuesday. The predictions, initially outlined in the consultingfirm’s annual holiday retail forecast, published last month,...
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Retail
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Oct 24, 2019
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Rapaport News
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De Beers’ Lightbox Pops Up in New York
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Lightbox, De Beers’ lab-grown-diamond brand, has opened apop-up store in New York for “Cyber Week,” an extension of Cyber Monday. The shop at the Oculus, the World TradeCenter’s transportation hub, plaza and shopping mall, gives...
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Retail
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Nov 29, 2018
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Rapaport News
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Cyber Monday Smashes Online-Sales Record
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E-commerce sales jumped 20% year on year to$7.9 billion on Cyber Monday, making it the largest US online shopping day of all time, accordingto projections from Adobe Analytics. The prior Saturday and Sunday also set...
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Retail
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Nov 27, 2018
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Rapaport News
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US Online Holiday Sales to Jump 15%
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US consumers will spend $124.1 billion online this holidayseason, with Cyber Monday set to be the biggest day of the year for e-commerce,according to Adobe Analytics Data. E-commerce sales between November 1 and December 31 willrise 15%...
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Retail
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Nov 04, 2018
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Rapaport News
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Mobile-Savvy Millennials Drive Cyber Monday Jump
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Cyber Monday sales rose to record levels this year, with millennial consumers driving growth through transactions on their mobile devices, according to Adobe Digital Insights. Sales rose 17% to $6.59 billion as at 10 p.m. EST on the...
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Retail
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Nov 30, 2017
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Rapaport News
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Mobile Drives Singles’ Day Sales Beyond $25B
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Shoppers bought $25.3 billion worth of merchandise through e-commerceplatform Alibaba during Singles’ Day, the China-based company reported Sunday. The figures marked a 39% increase over last year’s numbersfor the Chinese shopping holiday,...
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Retail
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Nov 13, 2017
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Rapaport News
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Amazon Prime Day Breaks Records
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Amazon’s Prime Day sales surpassed Black Friday and CyberMonday as the online retailer reported 60% growth from last year.During the 30-hour shopping festival, the e-commerce groupoffered deals for members of Amazon Prime,...
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Retail
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Jul 13, 2017
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Rapaport News
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Diamond Retailers Cutting Prices for Cyber Week
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Retailers in the U.S. and Asia are offering deepdiscounts on jewelry for Cyber Week to lure early-bird holiday shoppers viatheir ecommerce sites.Cyber Week, together with Black Friday, is theall-important curtain raiser to the U.S. holiday...
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Retail
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Nov 28, 2016
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Rapaport News
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Cyber Growth Pushes Cyber Monday to Cyber Week
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Retailers are promoting the days immediately afterThanksgiving as ‘Cyber Week’ as the key online shopping day has ballooned intoan extended retail bonanza.While in previous years Black Friday and Cyber Monday each lasted24 hours,...
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Retail
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Nov 24, 2016
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Rapaport News
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Retail
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Dec 03, 2015
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Rapaport News
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Number of People Shopping on Cyber Monday Forecast to Drop
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Cyber Monday’s online shopper count was expected to fall 4.6percent from a year ago as internet saleshave become more spread out throughout the holiday season, the National RetailFederation said.About 121 million people, or 49.5...
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Retail
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Dec 01, 2015
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Rapaport News
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Early Black Friday Figures Not Reliable Indicator of Actual Sales
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Early Black Friday figures claiming to signal how well the holiday period is progressing should be ignored as initial numbers fail to accurately predict the actual sales, according to FiveThirtyEight.com.First round of news stories on Thursday evening or Friday...
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Retail
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Nov 26, 2015
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Rapaport News
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