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XBUY - U.S. Retailers Offering Fewer Black Friday Deals
November, 24 2021 06:18 AM
Amplify International Online Retail
For the week ending Nov. 21, the average promotional discount was 33.4%, compared with two months prior at 37.0%. Due to inflation, several retailers are already dealing with higher COGS. They are concerned about inflation and the supply chain crisis. The Census Bureau reported that e-commerce sales hit $214.6 billion in the third quarter of 2021, accounting for 13% of total U.S. retail sales. For further details see:
U.S. Retailers Offering Fewer Black Friday Deals
Stock Information
Company Name:
Amplify International Online Retail
Stock Symbol:
XBUY
Market:
NYSE
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