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So far this year, online sales during Thanksgiving in the usa have increased by approximately 4%.
Salesforce's data on Thursday showed that online sales in the first half of the Thanksgiving holiday in the usa increased by about 4%, compared to a 2% increase in the same period last year, marking a new sign of retailers heavily discounting to attract consumers. This year, American retailers have been rolling out more daring discounts earlier and increasing holiday offers to attract more budget-conscious shoppers' attention. Earlier this week, best buy's CEO Corie Barry said, "It is expected that demand will decrease in the gaps between promotions, but the impact is greater than expected." Target executives also stated that this year,
Best Buy Price Target Lowered to $100 From $110 at Loop Capital
Today's Analyst Rating | Salesforce Price Target Raised to $368 by Citi, CrowdStrike Price Target Raised to $400 by Citi
Analysts Offer Insights on Consumer Cyclical Companies: Best Buy Co (BBY), Burlington Stores (BURL) and Chewy (CHWY)
Best Buy Co., Inc. (NYSE:BBY) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
On the eve of Trump's return, major American technology companies are reportedly urgently stockpiling electronic components from China.
① microsoft, hp inc, and dell and other technology companies are stockpiling electronic components from china due to concerns over increased tariffs after trump's rise to power; ② regarding trump's tariff threats, executives from the usa electronics industry warn that some of the tariff costs may be passed on to consumers, raising the prices of electronic products.