Holiday season

Grocer Albertsons Misses Third-Quarter Sales Estimates

US grocer Albertsons lowered the upper end of its annual sales forecast after missing third-quarter revenue expectations, as intense competition from...

Last-Minute Bargain Hunters Send Holiday Retail Sales Higher Than Last Year: Mastercard

Price-conscious holiday shoppers opened their wallets for last-minute online discounts on clothing and stocking stuffers, potentially benefiting retailers...

High Food Prices Dampen Festive Spirits In Russia

Stubborn inflation has driven up prices of staples such as butter, potatoes and chicken in recent months, hitting Russia's poorest and causing some to cut...

US Black Friday Sales Rise 3.4% In 2024: Mastercard SpendingPulse

Black Friday sales in the US increased 3.4% in 2024 compared to the previous year, according to preliminary data from Mastercard SpendingPulse.

Investors Mining 'Alternative Data' To Predict Retailers' Results

Heading into holidays some expect to disappoint, Wall Street investors like Goldman Sachs are using new ways to monitor shoppers' actions and intentions to...

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5 Strategies To Maximise Christmas Profits For Retailers And Manufacturers

Peter Hatfield, director at 4C Associates, shares five strategies to help businesses turn holiday season challenges into opportunities for lasting long-ter...

Walmart To Offer Independent Drivers New Holiday Bonuses

Walmart will pay independent delivery drivers new financial incentives to pick up online orders at its US stores and deliver them to shoppers during the ho...

Walmart, Other US Retailers Import Fewer Christmas Goods Ahead Of Tepid Holiday Season

Santa Claus is not delivering as many Christmas trees, toys and decorations to the United States this year as in recent years, latest import data showed