Black Friday: What's on Your List?

Black Friday is full of special shopping deals and big discounts and is considered the beginning of the holiday shopping season. -------------------- Do you have shopping plans? Which retail stock are you bullish?

avatarMojoStellar
11-24 15:56

Shrinkflation in the 2024 or on-going

This word - Shrinkflation, may have appeared in your daily life before Covid possibly. So what is Shrinkflation?  The practice of reducing a product's amount or volume per unit while continuing to offer it at the same price. In short, this occurs when companies keep their prices the same, but give you less of their products. Now you get it[Grin]   Another alternative word to Shrinkflation, also known as Packaging, Right-sizing, Redesigning etc. But you paid for the same item yet not same volume or weight. Here is the Question - How Can I Protect My Monies from Shrinkflation??[Victory]  [Doubt]   * One has to pay attention to product prices than the sizes. Thus, this could break the trend. Combating the effects of Shrinkflation on your finances. Like Singa
Shrinkflation in the 2024 or on-going

BIG TECH WEEKLY | Why Amazon So Strong? How's December Expectations?

Big-Tech’s PerformanceNovember last week, bond yield continued to decline, pushing the stock market further high, but the need for consolidation or downturn is inevitable.On the trading day of November 30th, $NASDAQ(.IXIC)$ experienced a correction, while the $DJIA(.DJI)$ surged, showing clear divergence.Big-techs’ performance in the past week (until Nov 30th): $Tesla Motors(TSLA)$ (+2.51%), which had the largest decline the previous week, followed by $Microsoft(MSFT)$ (+0.28%); all the rest declined, including $Amazon.com(AMZN)$ (-0.42%);
BIG TECH WEEKLY | Why Amazon So Strong? How's December Expectations?
avatarMrzorro
2023-11-27
Black Friday Data: Strong Online Sales, Steady Consumer Spending Outlook How did "Black Friday" perform this year? According to a report from Adobe Analytics, online shopping during this year's Black Friday increased by 7.5% YoY, reaching a new high of $9.8 billion, which is better than Adobe's October prediction of $9.6 billion (up 5.7% YoY). However, according to another report from Mastercard,  the sales growth rate of this year's Black Friday increased by 2.8% compared to last year, with online transactions growing by 8.5% and in-store transactions only increasing by 1.1%. The number of visitors on Black Friday increased by 4.6% YoY, indicating a turning point for retailers as average in-store traffic this year decreased by 2.4%. Overall, although the current data has good and ba

How Temu contributes to PDD?

$Pinduoduo Inc.(PDD)$ released excellen Q3 earnings with super-surprising revenue and profits beats, which leading the $NASDAQ 100(NDX)$ in Oct.28th.Temu, as we know the subsidiary of PDD, now has contributed to its parent company, with excellent performance in Black Friday.TEMU has the potential to recreate $Pinduoduo Inc.(PDD)$ . In Q3, Pinduoduo’s commission income (TEMU) doubled from Q2 to 29.2 billion RMB. TEMU has the potential to recreate Pinduoduo because cross-border e-commerce is a vast and promising field. Pinduoduo’s “hardcore strength reform” has disrupted the traditional players in the industry, and the combination of blue-collar and white-collar worke
How Temu contributes to PDD?

How's 2023 Black Friday?

According to Adobe Analytics, a third-party statistical agency in the e-commerce industry, American consumers' enthusiasm for shopping on "Black Friday" will continue to rise. $Amazon.com(AMZN)$ This year's online shopping consumption on Black Friday increased by 7.5% compared to 2022, reaching a new high of $9.8 billion. This performance is better than 2022 (up 2.3% YoY) and better than the October forecast ($9.6 billion, up 5.7% YoY). Online shopping consumption on Thanksgiving before Black Friday increased by 5.7% YoY, better than the same period last year (up 2.9% YoY) and slightly better than the forecast of 5.5%. Therefore, Adobe predicts that total holiday sales this year will reach $221.8 billion (up 4.8% YoY), and this data only analyzes
How's 2023 Black Friday?

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