Cyber Monday

Dell Technologies Inc (NYSE: DELL) has too many computers on hand, while Nike Inc. (NYSE: NKE) is flooded with summer fashion. Additionally, simple clothing like T-shirts and shorts are in abundance at Gap Inc (NYSE: GPS). After dealing with product shortages for the majority of the...

Amazon.com Inc. (NASDAQ: AMZN) has announced a new holiday shopping event — Prime Early Access Sale — for its members. What Happened: This is the second deals event conducted by Amazon this year, given the “macroeconomic environment” faced by customers and an early...

For years, Black Friday has been one of the largest shopping days of the year. Over time, the holiday has become less significant with the introduction of Cyber Monday and retailers adding multiple days of sales to the holiday shopping season. Here is a look at some potential winners from the 2021...

Walmart Inc (NYSE: WMT) said on Monday it is bringing back the month-long “Black Friday Deals for Days” in early November and Plus members would get early access. What Happened: The retail giant said Walmart Plus members would be able to shop four hours earlier than regular...

The surge in online shopping during the pandemic could put pressure on delivery companies like FedEx Corporation (NYSE: FDX) and United Parcel Service Inc (NYSE: UPS). This demand has led to UPS putting limits on the number of packages delivered from certain customers. What Happened: The Wall...

Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...

StockX said Tuesday it recorded a two-fold growth in daily gross merchandise value (GMV) during Cyber Weekend compared to last year. What Happened: The online marketplace, known for being a reseller of sneakers, said its daily GMV averaged 100% growth compared with the same four-day period...

On the retail front, Black Friday is in the rearview and that means one thing: Cyber Monday is here. Last year, Cyber Monday sales checked in at $9.4 billion, up from $7.9 billion in 2018 and that number will likely rise in exponential fashion this year due to the coronavirus pandemic. There's...

The number of people who went to traditional stores this year fell by 52.1% compared to last year, according to preliminary data from Sensormatic Solutions. One exception though came from PlayStation 5 fans, as was expected. News reports across the country showed them camping out...

November and December are by far the biggest months for video games sales, but this holiday season could be particularly big. There are at least two reasons why video games could be flying off the shelves at a record pace this Black Friday and Cyber Monday. First, video game sales have gotten a big...

Singles Day on Nov. 11 is an unofficial Chinese holiday. The holiday has surpassed Cyber Monday as the largest online shopping day of the year globally.   What Happened: Alibaba Group Holding Ltd (NYSE: BABA) owns the trademark to Singles Day and is the largest participating retailer....

Brick and mortar retailers have stumbled out of the gates so far in 2020 after a handful of companies reported disappointing holiday season sales growth. However, according to credit card data from Bank of America, online sales this holiday quarter were just fine. Bank of America reported e-...

Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them during the period that included Black Friday. Sales were bolstered during the Nov. 24-30 period, the company said, by a bundle deal that gave purchasers of the...

Black Friday sales rose to record heights, temporarily quelling the notion that shoppers don't like to go to physical stores anymore and by Thanksgiving, consumers had already spent $50 billion in November. That set Cyber Monday, the online equivalent of the old Black Friday, up for success and...

The traditional Black Friday shopping day is not what it used to be, as some retailers started their promotions right after Halloween, according to Telsey Advisory Group CEO Dana Telsey. Telsey Says 'Big Box Players' Won Black Friday Black Friday has morphed from a two- or three-day weekend...