Walmart and Target were standout preformers of Black Friday, driven by sales of electronics and toys.
were stand-out performers this Black Friday with both retailers reaching strong traffic store-wide, according to most Wall Street retail analysts. Electronics and toys were the hot ticket items at the big box retailers, with a special emphasis on TVs, according to Bank of America.
Morgan Stanley noted the big retails like Walmart, Target and Best Buy are among the best positioned to handle customers' shift to buying online. Shares of Walmart have risen 20% in the last 12 months, shares of Target have climbed about 75% since last year and Best Buy is up about 25% in the same period.
"This was the most crowded lululemon store we've visited on Black Friday, and hands down it was the most crowded store in the King of Prussia mall," said MKM analyst Roxanne Meyer in a note to clients Monday. The firm said Lululemon was more strategic this year in its marketing of Black Friday, with lots of emails promoting the sales.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Target, Walmart and other major retailers are a threat to Amazon this Cyber Monday“This is not Singles Day. We don’t do Singles Day,” MadMoneyOnCNBC's JimCramer says, as online shopping sales could hit record levels today. CyberMonday
Lire la suite »
'I'm Done Being Quiet,' Says Trump Target and Former FBI Lawyer Lisa Page“Honestly, [Trump’s] demeaning fake orgasm was really the straw that broke the camel’s back,” Page said
Lire la suite »
There Are Finally Affordable Weighted Blankets — and Obviously, They're at TargetWe are anything but calm about this!
Lire la suite »
Walmart just revealed its deepest Black Friday TV deals — starting at just $85Walmart Black Friday deals start now! Save on the top name brands, including Samsung, Sony, LG, VIZIO and more.
Lire la suite »
15 of the best Apple iPad deals for Black Friday: $80 off the latest model (lowest price ever!)Save nearly 25 percent on the latest Apple iPad, plus more incredible iPad Black Friday deals at Walmart.
Lire la suite »
Shop Walmart's Black Friday best tech deals before they're gone: PS4, Nintendo Switch, Samsung, LenovoFrom 4K TVs to laptops and more, these are the tech deals worth adding to your cart ASAP — starting at just $15.
Lire la suite »