Wednesday , 4 December 2024
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Eyes on retailers as we get indications from Black Friday shopping

Here are some indications in the pre-market from top retailers:

  • WMT +0.5%
  • TGT -0.1%
  • AMZN +1.0%
  • SHOP -0.2%

Here are some headlines from spending trackers:

  • Mastercard Spendingpulse black friday sales up 3.4% vs last year
  • Online sales were up 14.6% while in-store up 0.7% (I assume these numbers aren’t inflation adjusted)
  • Adobe analytics says online sales up 10.2% y/y
  • RetailNext says store traffic down 3.2%
  • Salesforce said online sales in the U.S. rose 7% y/y
  • Buy-now-pay-later sales up 8.8% y/y

This article was written by Adam Button at www.forexlive.com.

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