CNBC's Courtney Reagan reports on the outlook for internet retail on this Cyber Monday.
Traditional brick-and-mortar stores need to step up options for online sales, says Charles O'Shea, lead Retail Analyst at Moody's.
Florian Hoppe of Bain & Company says e-commerce is fragmented and logistics and infrastructure bottlenecks persist in Southeast Asia.
Cyber Monday is the biggest shopping day of the year for U.S. e-commerce retailers, explains Sucharita Mulpuru-Kodali of Shoptak.
Jace Tyrrell of New West End Company, which represents businesses in London's West End, talks about the Black Friday phenomenon in the UK.
Payments company Adyen's CCO, Roelant Prins, breaks down how shoppers fared in markets like the UK and Brazil.
Retailers are starting holiday discounts early to customers online and offline, says Dana Telsey of Telsey Advisory Group.
Nov 26- Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online. "Stores that opened on Thursday were not very busy on Black Friday,... and while the Thanksgiving Day opt-outs were busier on Black Friday, they didn't see the...
Online sales on Friday hit $1.70 billion as of 3 p.m. EDT, according to Adobe Digital Index, after reaching $1.13 billion for the day on Thursday, up almost 14 percent from a year ago. The National Retail Federation has said it expects total sales this holiday season to increase by 3.6 percent to $655.8 billion, mainly due to the rise in online shopping.
Online sales on Friday hit $1.65 billion as of 1 p.m. EDT, according to Adobe Digital Index, after reaching $1.13 billion for the day on Thursday, up almost 14 percent from a year ago. The National Retail Federation has said it expects total sales this holiday season to increase by 3.6 percent to $655.8 billion, mainly due to the rise in online shopping.
Nov 25- Wall Street extended its record-setting rally on thin volumes on Black Friday, with the Dow and S&P hitting record highs, helped by gains in retailers at the start of the crucial holiday shopping season. Holiday sales are expected to increase 3.6 percent this year to about $656 billion, according to the National Retail Federation, while online sales are...
Brian Nagel, Oppenheimer analyst, and Oliver Chen, Cowen & Co. analyst, weigh in on Black Friday and current retail environment.
Alexis Maybank, Gilt Groupe founding CEO, discusses mobile shopping and the changing landscape of retail.
Dana Telsey, Telsey Advisory Group CEO says brick and mortar retailers are merging with e-commerce to create a seamless shopping experience for consumers.
Chinese e-commerce platforms are working with U.S. retailers to cash in on Black Friday, according China Market Research Group's Ben Cavender.
Patrick Munden, head of retail at Salmon, talks about the headline news coming out of Black Friday, and why consumers splash out just after Thanksgiving.
Nov 24- Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and reflecting a broader trend away from brick-and-mortar shopping. At the start of the first holiday shopping season since the election of Donald Trump as president on Nov. 8, U.S....
Retailer advance discounts blur Black Friday retail numbers, says Eric Beder of Wunderlich Securities.
U.S. Brick-and-mortar stores continue to pull in shoppers, says Greg Maloney, CEO of Retail Americas at JLL.
Clarus Commerce's CEO Tomas Caporaso believes foot traffic will fall between 3 to 5 percent as shoppers turn to the internet to shop.