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  • Adobe – Top 25 retailers drive strong Cyber Monday sales

    San Jose, Calif. - Total online sales for Cyber Monday came in at $2.65 billion, up 16% compared to 2013. According to data from Adobe Systems, the top 25 retailers, who each generated $30 million or more on Cyber Monday, saw online sales increase by 25%, capturing nearly $1.8 billion.
    Smaller retailers, those generating $2 million or less, grew sales by 5%. Consumers saw the highest discounts of 23% in the early morning hours and more than half (54%) of online sales occurred outside of normal working hours.

  • Food industry finds new friend in high place

    Few people in the food industry know the name Denzel McGuire, but that’s about to change as she just became the industry’s best friend in the nation’s capital.

    McGuire has been named EVP of government relations at the Grocery Manufacturers Association, which is a big deal considering the food industry is under relentless pressure and regulatory scrutiny. GMA needs a strong voice and a connected presence in the nation’s capital to represent the interests of its members and McGuire fits the bill on both fronts, according to GMA President and CEO Pam Bailey.

  • IBM: Mobile consumers boost Cyber Monday performance

    Armonk, N.Y. – Mobile traffic and sales trends indicate that Cyber Monday is increasingly becoming an event consumers take with them wherever they go. According to IBM Digital Analytics Benchmark data, Cyber Monday mobile traffic accounted for 41.2% of all online traffic, up 30.1% from 2013.  

  • Tech purchases up despite lower BF sales

    Buying tech products was the No. 1 priority on consumers’ shopping lists this past holiday weekend, according to a new survey from the Consumer Electronics Association (CEA).

  • Small Business Saturday shopping up 15%

    New York - Across the country, there was strong support for local businesses on Small Business Saturday, with shopping up 14.9% from last year, according to the results from the Small Business Saturday Consumer Insights Survey, released today by American Express and the National Federation of Independent Business (NFIB).    
  • Study: Retailers boost holiday paid-search spending

    San Francisco - Compared to the 2012 and 2013 peak shopping seasons, paid search spending began to rise nine days prior to Thanksgiving in 2014, four days earlier than the years prior. According to data from predictive marketing technology provider Kenshoo, not only has the shopping season been extended in 2014, but retailers are investing more budget into their paid search campaigns this year than ever before. 
  • Salesforce: Holiday social posts peaked on Black Friday

    San Francisco – Social media posts around holiday shopping peaked on Black Friday (Nov. 28) at 2.7 million. According to data from Salesforce, there were also about 1.84 million holiday shopping posts on Thanksgiving (Nov. 27), and about 719,000 posts the day before Thanksgiving (Nov. 26).  
  • Analysis: Black Friday weekend winners include Victoria's Secret, Bath & Body Works, Old Navy

    New York - Ike Boruchow, analyst, Sterne Agee, reviews Black Friday results in the specialty retail sector:    
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