NYSETGT

Black Friday online sales reach record levels amid sparse in-store crowds (NYSE:TGT)

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ArtistGNDphotography Data released following the Black Friday holiday indicates consumers’ appetite to spend was not curbed amid elevated inflation. While traffic to malls may have been thinner than expected according to Reuters, web traffic remained robust. According to Adobe Analytics, shoppers in the US spent a record $9.12B on Black Friday sales online*. The record … Read more

Are retail stocks due for a holiday rally or a year-end retreat? (NYSE:TGT)

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NoSystem images/E+ via Getty Images Concerns on inventory levels, high inflation, and shifting consumer spending habits hang over the retail space at present. As such, any optimism on the holiday shopping season, usually a boon to the space, is quite hard to come by. Indeed, according to EY the upcoming holiday shopping season is “likely … Read more