Walmart reported better-than-expected earnings for the last quarter of the year. Walmart reported another quarter of stellar results, ending the year on a high note as its low prices attract shoppers looking for deals in an economically challenging environment beset by a recent bout of inflation. Comparable-store sales — those from established stores and online operations over the last 12 …
Super Saturday is expected to be the second busiest day of the holiday period after Black Friday. That’s lower than last year’s 5.4% growth but more consistent with typical holiday spending, which rose 3.6% between 2010 and 2019 before the COVID-19 pandemic skewered numbers. Adobe Analytics expects U.S. online holiday sales to rise 4.8% from last year between November and …
NEW YORK — Haven’t ordered any of your holiday gifts yet? “We remain on pace to deliver the fastest delivery speeds for Prime customers in our 29-year history,” Amazon CEO Andy Jassy said in October during an earnings call with analysts. The company has said these hubs, as well as changes to its transportation network, have made it able to …
Carriers like the U.S. Postal Service, FedEx and United Parcel Service have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike. Louis DeJoy, postmaster general, said the Postal Service goal is to make peak holiday season delivery “superior and routine.” All told, the parcel industry has a capacity of delivering more than …
NEW DELHI :Samsung Electronics Co Ltd is expanding its online-only smartphone range, a senior company executive said on Thursday, as the South Korean tech giant hopes to win over new customers in India's festive season sales. Samsung will launch the new India-made Galaxy F range of smartphones at Walmart Inc-controlled online retailer Flipkart on Oct. 8, Asim Warsi, a Senior …
