1. Holiday & Events

Black Friday Bigger Than Expected, Retail Group Reports

Written by Posted on Less than 0 min read

Shoppers returned to stores in greater numbers this year over the Black Friday weekend, and increased their spending, according to the holiday recap from the National Retail Federation.

View Original Article
Member since
Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, web and web video experience. Has also worked as a copy editor and news editor. https://www.forbes.com/
Do you like Joan Verdon - Forbes's articles? Follow on social!

More from Joan Verdon - Forbes

  1. Partnerships & Alt Profit

Toys R Us Picks Pop-Up Shop Experts For Store Expansion Plan

Toys R Us is partnering with a retail chain known for its calendar and games stores, and its knowledge of retail real estate to open 24 flagship stores. View Original Article Flagship Stores Pop Ups Partnerships Brick and Mortar Dept. Nonfood Dept. Toys & Games Joan Verdon - Forbes Member since March 2, 2021 Loading […]
< 1 min read
0
  1. Technology & Innovation

Online Prices Had Biggest Drop In Over Two Years In November, Adobe Reports

Heavy discounting during Cyber Week caused the biggest drop in online prices since May, 2020. View Original Article Technology & Innovation Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, web […]
< 1 min read
0
  1. Department: Consumer Durables

Barbie Is Turning 65, And Mattel Is Betting On A Birthday Sales Boost

Mattel has lined up more than 40 partnerships with brands, and is teaming up with major retailers to sell 65th anniversary themed merchandise. View Original Article Dept. Toys & Games Partnerships Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news […]
< 1 min read
0
  1. Holiday & Events

Early Holiday Online Spending Up 5%, Adobe Reports

Consumers spent over $63 billion online during the first weeks of the November, showing holiday spending is off to a healthy start. View Original Article Consumers Technology & Innovation Holiday & Events Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the […]
< 1 min read
0
  1. Stores & Formats

Macy’s Adds 10 Backstage Locations As Off-Price Sector Takes Off

Macy’s says having off-price and full-price shopping in the same location gives it an edge with today’s consumers. View Original Article Consumers Store Location Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail […]
< 1 min read
0
  1. Stores & Formats

Online Marketplace Faire Launches Academy For Would-Be Retailers

Faire, the online marketplace that connects small retailers with small vendors and brands, is expanding its efforts to encourage more would-be retailers to open stores. View Original Article Vendors Brick and Mortar Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the […]
< 1 min read
0
  1. Corporate Strategy

David’s Bridal Is Going After The Wedding Planning Market With New Platform

Retailer David’s Bride has launched a wedding marketplace to connect vendors with brides. View Original Article Vendors Strategy Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, web and web video […]
< 1 min read
0
  1. Retail Operations

It’s An Omnichannel Holiday: Online Stays Strong As Shoppers Return To Stores

Americans returned to stores in greater numbers this Black Friday weekend, but they also pushed online spending to record levels. View Original Article Omnichannel Brick and Mortar Shoppers Holiday & Events Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news […]
< 1 min read
0
  1. Technology & Innovation

Hasbro Launches AI-Powered Version Of Trivial Pursuit Game

The toy maker is looking to expand the audience for, and the engagement with, the classic board game with new technology that lets players pick trivia topics. View Original Article AI Dept. Toys & Games Technology & Innovation Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a […]
< 1 min read
0
  1. Holiday & Events

Record $222 Billion Spent Online During Holiday Season

Consumers set a new record for online spending in November and December, ringing up $222.1 billion in ecommerce sales, according to Adobe Analytics. View Original Article Editor's Choice Data & Insights Consumers Technology & Innovation Holiday & Events Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a […]
< 1 min read
0
  1. Channel: Marketplace

Shopify Announces New Way For Big Retailers To Use Its Platform

Shopify is now giving large retailers the option to pick and choose Shopify components for their ecommerce needs. View Original Article Shopify Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail reporting. Digital, […]
< 1 min read
0
  1. Department: Consumer Durables

50,000 U.S. Stores Could Close By 2027 Because Of Spending Shifts And Tight Credit, UBS Forecasts

Analysts at investment bank UBS are forecasting that some 50,000 U.S. stores are likely to close by the end of 2027, because of expected cutbacks in consumer spending, tighter credit and the continued shift to ecommerce. Store closings could accelerate to 70,000 to 90,000 if retail sales turn out to be weaker than expected, according […]
2 min read
0
4
  1. Trends & External Forces

Retail Sales Forecast To Grow By 4% Or More This Year; Industry Optimistic Despite Challenges

The National Retail Federation expects retail sales to grow between 4% and 6%, thanks in part to a tight labor market. View Original Article Associates Predictions and Forecasts Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro Outplays Mattel, Scores A Win With Digital Gaming

Hasbro had digital gaming revenues and Magic The Gathering in its favor during the first quarter. View Original Article Dept. Toys & Games Gaming Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business and retail […]
< 1 min read
0
  1. Media & Marketing

Salesforce Predicts AI Will Drive $194 Billion In Online Holiday Sales

Tools like AI-generated product recommendations, and social media ads are expected to be key factors in driving sales during a challenging holiday season. View Original Article ESG and CSR AI Marketing: Social Media Technology & Innovation Holiday & Events Dept. Nonfood Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced […]
< 1 min read
0
  1. Holiday & Events

Holiday Season Is Off To A Record Start With Over 200 Million Shoppers During Black Friday Weekend

Over 200 million consumers shopped online or in stores over the five-day holiday weekend, the National Retail Federation reported today. View Original Article Holiday & Events Consumers Brick and Mortar Shoppers Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news […]
< 1 min read
0
  1. Department: Consumer Durables

This Nerf Blaster Battle Is Being Fought In The Courts And Toy Aisles

Toy giant Hasbro is going after fast-growing startup Gel Blaster in a fight to control a new toy category. View Original Article Dept. Toys & Games Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in business […]
< 1 min read
0
  1. Channel: Marketplace

How Shopify’s Celebrity Partnerships Are Changing E-Commerce

Drake, Bad Bunny, MrBeast and Taylor Swift have been using Shopify stores and the Shopify app to redefine retail. View Original Article Brick and Mortar Partnerships Shopify Joan Verdon - Forbes Member since March 2, 2021 Loading + Follow Following Experienced Reporter with a demonstrated history of working in the news industry. Special expertise in […]
< 1 min read
0
  1. Technology & Innovation

AI Is The New Retail Reality, As Industry Gathers For Trade Show

Retailers saw AI tools help boost sales over the holiday season. Now they are looking for ways to use them in stores, as the retail industry gathers in New York City. View Original Article AI Brick and Mortar Dept. Nonfood Holiday & Events Technology & Innovation Joan Verdon - Forbes Member since March 2, 2021 […]
< 1 min read
0
Next