May 6- Videogame maker Activision Blizzard Inc raised its full-year profit and revenue forecasts and reported better-than-expected quarterly results, helped by growth in its high-margin digital business. Revenue from Activision Blizzard's digital business rose 53.3 percent in the first quarter ended March 31 from a year earlier, helped by robust online...» Read More
Discussing potential standout companies for Cyber Monday, with Victor Anthony, Topeka Capital Markets. Anthony thinks Cyber Monday will ultimately diminish in significance.
Keep in mind the National Retail Federation estimates are based on consumer surveys, explains Dana Telsey, in discussing Black Friday sales estimates.
Discussing the NRF's estimate of Black Friday weekend sales, and expectations for Cyber Monday sales, with Gian Fulgoni, Comscore co-founder. Fulgoni expects around $2.5 billion in sales on Cyber Monday.
Discussing which retailers are succeeding at the all-channel model, with Storch Advisors CEO Gerald Storch.
The National Retail Federation estimates sales for Thursday through Sunday in-store and online fell 11 percent compared to last year. Storch Advisors CEO Gerald Storch, discusses the big shift from bricks-and-mortar retail to online retail, which he says grew double digits over the weekend.
CNBC's Courtney Reagan reports from the distribution center for Fanatics, which is the largest online retailer for sports merchandise, on what contributed to lower in-store and online sales compared to last year.
Nov 30- Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group. The National Retail Federation estimated shoppers on average spent $380.95 at stores this holiday...
Nov 29- U.S. shoppers spent slightly less money at brick-and-mortar stores on Thanksgiving Day and Black Friday than across the same two days in 2013, while online sales surged to record highs, data showed on Saturday. Sales at retail stores totaled about $12.29 billion on Thursday and Friday, down 0.5 percent from the $12.35 billion spent last year, according to...
WEST HARTFORD, Conn./ CHICAGO, Nov 28- Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. Across the United States, shoppers were greeted by protesters at hundreds of stores- some calling for higher wages...
WEST HARTFORD, Conn./ CHICAGO, Nov 28- Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. "It just looks like any other weekend," said Angela Olivera, a 32- year-old housewife shopping for children's...
This holiday season some YouTube creators who have millions of subscribers are teaming up with retailers to sell a slew of products.
Wal-Mart Stores Inc, Target Corp, Best Buy Co Inc and Lowe's Cos Inc and other merchants are combining in-store pickup with lower online prices to draw shoppers to their stores. "Most retailers are still trying to figure out where is the right place to position this additional inventory... a lot of them aren't quite prepared," said Michael DuVall, a supply chain...
WEST HARTFORD, Conn., Nov 28- Mall crowds were relatively thin early on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. Police responded to a handful of incidents at Wal-Mart Stores on Thursday, including to break up a fight over a Barbie...
Steve Sadove, NRF chairman, and Matthew Shay NRF CEO, discuss how omni-channel is changing the way consumers shop and its impact on retailers.
Seton Vermaak, Head of Strategy at Razorfish, says Chinese consumers are more prone to online and mobile shopping in comparison to their U.S. peers. Richard Martin of IMA Asia weighs in.
Michael Desimone, CEO at Borderfree, explains how his company can resolve complications behind cross-border global e-commerce.
Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers turn in profits.
Ryan Urban, CEO and Co-Founder of Bounce Exchange, describes the competing strategies between retailers this holiday season.
By contrast, analysts say supermarkets like More, owned by the Aditya Birla Group, and Reliance Industries Ltd's Reliance Fresh are struggling to attract enough customers to make a profit as they compete with the small neighbourhood stores where most people buy food. "You can go shop at a Walmart or Tesco in the U.S. and U.K. and they have parking.
PARIS, Nov 26- Net-a-porter founder Natalie Massenet stands to make more than 100 million euros next year under a deal with the online fashion retailer's owner Richemont, according to calculations based on company documents and analyst valuations. However, several London- based bankers told Reuters they were not aware Richemont was planning to do either.