PYMNTS

DECEMBER 19, 2019

With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. A study by commercial real estate services company CBRE, in conjunction with Optoro, found that shoppers are forecasted to return $41.6 billion in products purchased online this November and December.

Forecasting 52

Forecasting eCommerce Retail Sales 52

PYMNTS

NOVEMBER 17, 2020

retail sales rose 0.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly U.S. Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 A Bloomberg survey forecasted a 0.5 September retail numbers were up 1.6 Numbers were up 8.2

Sales 53

Sales Retail Forecasting Numbers 53

PYMNTS

MAY 15, 2020

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment of diminished expectations, the number reported by the Census Bureau was a disappointment. percent economists forecasted before the release, and double the record of the 8.3

Sales 92

Sales Retail Economics Forecasting 92

CFO News Room

DECEMBER 4, 2022

Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% Economists expect the Fed’s tighter money policy will ultimately result in negative monthly payroll numbers, but not yet. Retail should do okay, but I think there’s a big question of how retail performs after the holidays.”

Forecasting 130

Forecasting Construction Retail Numbers 130

PYMNTS

JULY 24, 2020

Britain’s stores have become the envy of the retail world. Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month when so-called non-essential stores in England reopened. In June, sales volumes increased by 14 percent from May, surpassing forecasts in a Reuters poll of economists. Sales were off 1.6

Retail 75

Retail Forecasting Sales Economics 75

PYMNTS

JUNE 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. Overall Chinese retail sales of consumer goods dropped 2.8

eCommerce 92

eCommerce Retail Sales Forecasting 92

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers.

Retail 63

Retail Treasury Economics Sales 63

CFO News Room

NOVEMBER 6, 2022

Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 Carvana — The online used car retailer stock dropped more than 8% after the company reported disappointing third-quarter results on the top and bottom lines, according to consensus estimates from Refinitiv.

Restructuring 130

Restructuring Forecasting Advertising Communication 130

PYMNTS

MARCH 18, 2020

retail sales declined last month in the biggest drop in a year. The median projection in a survey had forecasted an increase of 0.2 And retail sales , with the exclusion of fuel and automobiles, fell 0.2 percent from the month before in comparison with forecasts for an increase. percent following a decrease of 0.2

Retail 52

Retail Forecasting Healthcare Sales 52

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In a worst-case scenario forecast, according to commercial real estate firm CBRE, the take will be much lower at about $70.5

Retail 86

Retail Auditing eCommerce Forecasting 86

PYMNTS

MARCH 11, 2020

Storefronts that provide services have exceeded the number of those offering clothes and other merchandise. Per a JLL report, the number of service-based retailers rose 20.5 million spaces, while retailers offering goods declined 4.5 Service retailers now comprise 52.6 percent of retail space in America.

Retail 52

Retail Forecasting eCommerce Numbers 52

PYMNTS

JUNE 10, 2020

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

Retail 56

Retail Forecasting Communication Education 56

CFO News Room

NOVEMBER 4, 2022

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 PayPal — PayPal slid 5% after lowering its annual revenue growth forecast. Net sales rose 3.35 Warner Bros.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

PYMNTS

DECEMBER 3, 2019

Retailers in the U.K. enjoyed a strong Black Friday despite forecasts that the holiday would leave shopping malls empty. Springboard, a retail data company, noted that footfall was 3.3 Shopping centers preformed the best, with visitor numbers up 6.5 percent, The Guardian reported. And even high street saw a rise in sales.

Retail 52

Retail Forecasting eCommerce Sales 52

PYMNTS

OCTOBER 23, 2020

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. That’s the take from Edited , a retail tracking platform that advises brands on pricing and merchandising strategies. So, we’re in a transition.

Retail 60

Retail eCommerce Forecasting Numbers 60

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 56

Retail eCommerce Budgeting Sales 56

CFO News Room

JANUARY 21, 2023

While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. Nordstrom — Shares of the retailer fell 7% in premarket trading after Nordstrom announced that its holiday sales fell 3.5% In a statement, CEO Erik Nordstrom described the retail environment as “highly promotional.”

Pharmaceutical 130

Pharmaceutical Forecasting Sales Retail 130

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Forecasting Technology 81

PYMNTS

JANUARY 8, 2020

Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s , Nordstrom and JCPenney seeing overall sales drop 1.8 Holiday sales at Macy’s fell, but not to the extent that analysts had forecasted. The retailer’s same-store sales slipped 0.6

Retail 52

Retail Sales Forecasting eCommerce 52

PYMNTS

OCTOBER 15, 2020

Restaurants are working overtime to make sure their ordering systems are as frictionless and safe as possible amid the pandemic, with a number of them deploying advanced technologies to do so. And in retail, merchants are showing signs that they’re concerned about the first mile – product availability – in addition to the last mile.

Retail 40

Retail Forecasting Numbers Technology 40

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. The company said it believes the store count makes it China’s biggest coffee chain by “number of stores” in the country.

Retail 52

Retail Sales eCommerce Forecasting 52

PYMNTS

JANUARY 3, 2020

With visitor arrivals to Hong Kong dramatically falling, the financial center’s retail sales registered a double-digit drop in November. Retail sales by value retreated 23.6 The retail outlook in the short term will still depend on how those social incidents play out over time per the spokesperson.

Sales 52

Sales Retail Currencies Forecasting 52

PYMNTS

SEPTEMBER 8, 2020

One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. With more dramatic numbers like eCommerce spikes and same-store comp sales decreases available, inventories are easy to miss. 10 that number had improved to 41 percent. For example, Macy’s Q2 net sales fell from $5.55

Retail 52

Retail Sales Forecasting eCommerce 52

PYMNTS

SEPTEMBER 25, 2017

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. The NRF is forecasting the whole shebang will cost approximately $9.1 The NRF is forecasting the whole shebang will cost approximately $9.1 billion, up 8.3 percent from last year’s previous record of $8.4

Forecasting 52

Forecasting Retail Planning Numbers 52

Future CFO

DECEMBER 2, 2019

Hong Kong’s retail sector continues its slump, with sales by value shrinking by 24.3% year-on-year in October, a record drop for the city which experienced nine consecutive months of retail contraction. By volume, retail sales plunged 26.2%, according to government numbers. YoY) and September (-40.8%YoY). in September.

Retail 40

Retail Forecasting Economics Budgeting 40

PYMNTS

NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We Same-store sales, the most-watched metric in retail, were up again by 3.4 percent analysts were forecasting.

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement. percent in 2019.

Sales 94

Sales Forecasting eCommerce Retail 94

PYMNTS

NOVEMBER 9, 2020

Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We By the numbers for Q3 Simon posted net income of $145.9 Analysts had forecast earnings per share of 90 cents and sales of $1.08

Retail 67

Retail Sales Forecasting Investments 67

PYMNTS

JANUARY 10, 2019

Stocks are up modestly to start the year, but based on Thursday’s trading action, the retail sector is escaping investors’ favor (to put it mildly), as company after company is bringing dismal news to light. The numbers show that online sales and brick-and-mortar locations were up just over 1 percent in November and December.

Retail 55

Retail Sales Forecasting eCommerce 55

PYMNTS

NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. continues to post an alarming increase in the number of new COVID-19 cases without word of any additional government stimulus. The all-cash deal gives PNC the U.S. unit of Spain-headquartered BBVA.

Economics 57

Economics Forecasting Education Accounting 57

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

NOVEMBER 25, 2020

ICSC’s research reveals a swell of interest in omnichannel formats, a sign that retailers capable of meeting demand both online and in-person will be best positioned for success in this unprecedented holiday season. ICSC is forecasting a solid holiday season with 1.9 ICSC is forecasting a solid holiday season with 1.9

Retail 70

Retail Forecasting eCommerce Planning 70

PYMNTS

JULY 29, 2019

The global retail automation market is expected to exceed more than $19.5 The latest Automated Retail Tracker looks at how automation fits into different retail categories and industries and explores whether automation means replacing the human touch. billion by 2024 at a CAGR of 11 percent between 2019 and 2024.

Retail 60

Retail Transportation Forecasting Numbers 60

PYMNTS

JANUARY 19, 2018

KGI Securities Analyst Ming-Chi Kuo reduced his lifetime sales forecast for the new iPhone X from 80 million to 62 million phones. Despite sales numbers, Apple does benefit from higher margins on its latest high-end model: Apple’s new iPhone X makes the company more money per phone than its iPhone 8 model.

Forecasting 40

Forecasting Sales Securities Technology 40

PYMNTS

MARCH 13, 2018

In a press release , VisaHQ said Fliggy has access to 580 million mobile monthly active users across Alibaba’s Chinese retail marketplaces. The partnership comes as Chinese President Xi Jinping forecasted 700 million Chinese visits overseas in the next five years. There are expectations that by 2022 China will displace the U.S.

Numbers 40

Numbers Entertainment Forecasting Retail 40

PYMNTS

MAY 11, 2020

Retailers are opening their doors again during the pandemic to customers who have appointments. But a number of customers reportedly didn’t adhere to the new procedure when the store reopened. Call it the end of the walk-ins. At least for now.

Retail 60

Retail Forecasting Numbers Planning 60