In its 2017 first fiscal quarter, which covered the 2016 holiday season, Galanti noted that while overall digital sales had risen by 7% year-over-year, the numbers during the Black Friday period were much better. During the week of Thanksgiving and the two that followed, he said, digital sales had risen by the low-to-mid teens.
Category: Black Friday
Apple Watch Sales Were Way Up Over The Holidays, Slice Data Shows
Apple CEO Tim Cook promised big Apple Watch Sales during the holiday season, and new data from Slice Intelligence suggests that the company delivered. Slice, which draws its data from online receipts, divided the season by month.
Why Kohl’s, Gartner, and Constellation Brands Slumped Today
The stock market didn’t move much on Thursday, with major market benchmarks finishing the day mixed and with minimal changes from Wednesday’s close. The mood of the market was less positive than investors had seen in previous days, with various news items calling into question whether the upbeat attitude that market participants had had coming into 2017 will actually pan out with improved economic growth and corporate profits.