Category: online retail

Black Friday Weekend Saw Subdued Mall Traffic: Report

December 4, 2022
black fridayBusiness & MarketseconomyinflationMarketsNational Retail Federationonline retailPacer.aiRetailshoppingUS
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Fewer Americans headed to shopping malls during the Black Friday weekend compared to last year, new data suggests, as rampant inflation and economic uncertainty took a toll on retailers during the shopping holiday. Indoor malls, open-air lifestyle centers, and outlet malls all saw declines in foot traffic during the weekend of Nov. 25 to 27…

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Read Rosenblatt’s Take on Amazon

June 16, 2022
Amazon.comBusiness & MarketsCompaniesMarketsonline retailsharestocks
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Rosenblatt analyst Barton Crockett updated Amazon.com Inc. for the 20–1 share split completed on June 6. Crockett also reduced its split-adjusted PT by 26 percent to $107, near current trading levels. He reiterated a Neutral rating. Crockett continued to see consensus long-term sales estimates as too high, mainly from what he saw as excessive long-term optimism for online retail. Amazon’s…

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Australians Expected to Spend $800 Million for Father’s Day

August 17, 2021
AustraliaBruce Billsonfather's dayonline retailSmall BusinessesWorld
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Australians are anticipated to spend $800 million for Father’s Day with food and alcohol argued to be the most popular gift choices after a survey by the Australian Retailers Association (ARA) and Roy Morgan found that almost 92 percent of Australians who are planning to buy a Father’s Day gift intend to spend the same…

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London Couple Find Success in Lockdown After Launching Grocery Delivery Venture

May 18, 2021
grocery deliveryonline retailUKWorld
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A south London couple launched a successful grocery delivery business during the pandemic as thousands of Britons were forced to rely on couriers to supply them food in lockdown. National lockdowns to curb the COVID-19 pandemic have impacted countless businesses since March 2020, with many small firms forced to close their doors. Florists Emma Soulsby…

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March Marked Port of Long Beach’s Busiest Month in History

April 8, 2021
Californiacargoe-commercefreightLong Beach Californiaonline retailpandemicport of Long BeachrecordsRegional-Local NewsShipsSouthern CaliforniaUS
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LONG BEACH—March was the Port of Long Beach’s busiest month in its 110-year history and only the third month that the port handled more than 800,000 20-foot equivalent units in a single month, officials announced April 8.   March is traditionally a slow month for the port, officials said, but this past March, the dockworkers…

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