These big-name retailers may get hit from Temu's surging growth: BofA
The Wall Street bank also named retailers that are likely to be insulated from the Chinese e-commerce app's rise.
Source: cnbc.com
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Retailers cast doubt on Black Friday, holiday 2023 spending
Retailers have been cautious headed into the holidays, spelling trouble for the crucial shopping season and raising questions about the health of the economy.
Source: cnbc.com
Are stores open on Thanksgiving? Will the post officer deliver on Black Friday?
Be prepared for the November holiday period — and know that there are still a few places open on Thanksgiving Day.
Source: marketwatch.com
Profit recession ends as a challenging holiday season begins
(Bloomberg) -- As earnings season draws to a close, so does the S&P 500 Index’s profit recession. But that doesn’t mean the coast is clear for Corporate America. Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an
Source: yahoo.com
Early Black Friday discounts higher than prior years
Both the depth of discounts and the total amount of items on sale were higher in October compared to the past four years.
Source: cnbc.com