Tipsheet: Cyber Mon +16.5% | NYC Package Thieves | Bezos Rally

  Cyber Monday totalled $9.2B in US online sales, smartphones accounted for a record $3B at TechCrunch. “Following the pattern set during Thanksgiving and Black Friday — the total actually just fell short of what Adobe had expected for the day, which was $9.4 billion. Adobe expected an increase of nearly 19%; in the end […]

Tipsheet: Costco Tgiving Web Outage | Etsy + Free Shipping | Black Friday Global

    Black Friday sees record $7.4B in online sales at TechCrunch. “The figures were up by $1.2 billion on Black Friday 2018 but they actually fell short of Adobe’s prediction for the day, which was $7.5 billion.” Read more   Thanksgiving Day saw record online sales of $4.2 billion at CNN. “According to Deloitte’s annual […]

Tipsheet: B.Buy/Dick’s Beat | 39% Shop & Drive | WM’s 50K Personal Shoppers

  Best Buy Q3 comp sales +1.7% “Best Buy is updating its full-year FY20 financial outlook to the following: Enterprise comparable sales growth of 1.0% to 2.0%, which compares to prior guidance of 0.7% to 1.7%.” Press release   …Best Buy shares surge after beating expectations and raising forecast ahead of the holidays at CNBC. […]

Tipsheet: Opioids = Shrink | BJ’s +1.1%

  Gap Q3 comp sales -4.0%: Old Navy global -4.0% / Gap global -7.0% / Banana Republic global -3.0% Press release   BJ’s Wholesale Club Q3 comp sales (excluding gas) +1.1% Press release   Walmart’s Jet to Cease Its New York City Fresh Grocery Business by Matthew Boyle at Bloomberg. “The retailer will close a […]

Tipsheet: Target +4.5% | Lowe’s +3% | Macy’s Breach | Jelinek #9 Biz Person

  Target Q3 comp sales +4.5% “Third quarter comparable digital channel sales grew 31 percent, on top of 49 percent last year. Same-day fulfillment services (Order Pick Up, Drive Up and Shipt) accounted for 80% of Target’s digital comparable sales growth.” Press release   …Target shares surge after company crushes earnings and raises forecast at […]

Tipsheet: H.Depot & Kohl’s Miss | 27% Gift Headphones | Bezos @ Gala

  Home Depot Q3 comp sales +3.6% / US comp +3.8% Press release   …Home Depot cuts 2019 forecast after sales miss, shares crater at CNBC. “Earnings per share: $2.53, adjusted, vs. $2.52 expected. Revenue: $27.22 billion vs. $27.53 billion expected. Same-store sales growth, global: 3.6% vs. 4.7% expected.” Read more   Kohl’s Q3 comp […]