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2023-11-30 00:10:00 ET Summary A strong Q3 earnings season is in the books, and the focus turns to what near-term consumer shifts may be brewing. Costco and The Buckle provide their usual monthly same-store sales reports this week. Global automakers also post production and sa...
2023-11-29 22:25:00 ET Summary Are Canadian shoppers likely to keep shopping through the holidays? How Canadian consumers compare to their US counterparts. The problem with Canada's high household debt troubles. With the holiday shopping season underway, the ...
2023-11-27 04:00:27 ET Black Friday online shoppers in the U.S. spent a record $9.8B, according to Adobe Analytics, up 7.5% from a year ago, a bright spot for retailers that are expecting muted sales this holiday season. The record spending , which was widely expected , was...
2023-11-24 23:35:00 ET Summary Spending for the entire holiday season is only set to rise 1.4% over last year’s sales levels. The LSEG U.S. Retail and Restaurant index is only expected to show a 1.4% revenue growth over last year’s Q4 levels. The estimated earnin...
2023-11-24 22:30:00 ET Summary When considering the broad picture of consumer spending in the United States, many assume the holiday season accounts for a significant percentage of total consumer spending. When considering retail alone, holiday season sales are indeed substantial,...
2023-11-24 05:35:33 ET More on the consumer sector Holiday sales are expected to come in better than feared - watch these stocks Walmart to speed online order deliveries through parcel stations Consumers plan to buy same amount for Thanksgiving, but p...
2023-11-23 01:30:00 ET Summary Slowing inflation and strong growth of GDP are set to keep labor markets tight, wages growing and consumers spending in 2023. According to a new analysis from S&P Global Market Intelligence, retail sales are on track to outpace expectations this ...
2023-11-20 22:40:00 ET Summary Black Friday deals are arriving earlier this year as U.S. consumers are still dealing with higher prices from a year ago. As a result, retailers know that shoppers have become price-sensitive and are looking for steep promotions and discounts. Th...
2023-11-17 08:00:00 ET Summary 3Q23 quarterly retail e-commerce report will be released on November 17, but signs point to growth. The greatest beneficiaries of the e-commerce trends are e-commerce giants like Amazon and Alibaba. During retail earnings season (particularly thi...
2023-11-06 13:09:20 ET More on Markets Support holds for 'most important stock in the world' - Evercore ISI Vanguard reportedly winding down operations in China Merck highlights list of healthcare stocks among Mizuho's top picks Recession could be nearer than...
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Online used car retailer Carvana Co (NYSE:CVNA) anticipates a surge in used car sales amid a potential oversupply of new vehicles, accord...
Carvana Co. (NYSE:CVNA) shares are trading slightly lower in the morning session on Thursday. Yesterday, after the closing bell, the comp...
Carvana Co. (NYSE:CVNA) shares are trading slightly lower in the morning session on Thursday. Yesterday, after the closing bell, the comp...