FINANCE

Three surprises from Cyber Week 2022
Cyber Week defied expectations in ways that should make many retailers happy.
Ulta soars in Q3 amid ‘sustained resilience” of beauty category; comp sales jump
Ulta Beauty reported better-than-expected quarterly earnings, revenue and comparable sales as shoppers kept spending on beauty despite higher prices.

FINANCE
Designer Brands Q3 profit falls; owned-brand sales boost revenue
The parent company of DSW Designer Shoe Warehouse and The Shoe Company reported weaker-than-expected third-quarter bottom and top-line results and lowered its full-year guidance amid slowing consumer demand.
FINANCE
NRF: GDP growth slows but consumer spending remains positive
Consumer spending should remain strong even as its rapid pace continues to slow.
STORE SPACES
Dollar General to open 1,050 stores in 2023; Q3 earnings fall amid higher costs
Dollar General’s third-quarter sales rose 11.1% but costs took a bite out of the company’s earnings.
FINANCE
Five Below maintains momentum with strong quarter; lifts guidance
Five Below reported a better-than-expected third quarter during which it continued to expand its footprint as it entered two new states.
TECHNOLOGY
Amazon, Wayfair, Ace Hardware break Cyber Week records
Three major retailers are reporting their best-ever Cyber Week online sales results.
TECHNOLOGY
Exclusive: Retailers increase technology investment despite inflation
Current economic conditions are not driving retailers to cut their technology budgets.
FINANCE
Salesforce: Cyber Week online spending jumps 9% to $68 billion
A new all-time high in Cyber Monday online sales capped a record-breaking Cyber Week.
FINANCE
Amazon wins the online price wars, according to study
One retailer has the lowest online prices across 15 categories and against 13 leading U.S. retailers in a new study.
REAL ESTATE
NRF: Thanksgiving weekend shoppers set new record; in-store shopping up 17%
The long Thanksgiving weekend brought out a record number of shoppers — with a noticeable uptick of in-store shoppers.
FINANCE
Cyber Monday sets new $11.3 billion online spending record
Online shoppers spent more money on Cyber Monday than on any single day – ever.
FINANCE
Black Friday e-commerce revenue hits new heights – but how high?
While two major holiday e-commerce indices agree that online Black Friday sales broke records, they split over just how much consumers spent.
FINANCE
Cyber Monday online sales may hit new record of $11.6 billion
New data indicates that online retailers are set for historic Cyber Monday success.

Coverage and analysis on finance news, including quarterly results, general retail sales and bankruptcy filings, for the retail channel brought to you by Chain Store Age.