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Holiday Sales

All articles tagged with #holiday sales

Nintendo trims Switch 2 production after softer holiday sales
technology18 days ago

Nintendo trims Switch 2 production after softer holiday sales

Nintendo is reportedly cutting Switch 2 production to four million units this quarter (down from six million) after weak holiday sales, especially in the US, with reductions expected to continue into April. The move sent shares lower, though Nintendo says it remains confident in the console's long-term prospects. Separately, a revised EU Switch 2 with a replaceable battery is planned to meet the 2027 EU rules.

Arc Raiders Dominates Holiday Game Sales as Detroit: Become Human Follows
gaming2 months ago

Arc Raiders Dominates Holiday Game Sales as Detroit: Become Human Follows

Arc Raiders topped the holidays as the best-selling game across Steam, PlayStation, and Xbox with more than four million copies sold in December 2025; Steam data shows about 1.2 million more copies between Dec 21 and Jan 5, pushing total Steam sales past 7 million and overall copies to over 12.4 million for Embark/Nexon. Detroit: Become Human was second on Steam with 993,000 copies sold and around $3.2 million in Steam revenue, bringing its Christmas period Steam revenue to over $150 million and total sales to about seven million copies. Other December highlights included Battlefield 6 with over 3.5 million units sold across all platforms, and Clair Obscur: Expedition 33 adding about one million copies thanks to its The Game Awards boost.

Apple Projects Record-Breaking Holiday Sales Amid Budget Tightening
business5 months ago

Apple Projects Record-Breaking Holiday Sales Amid Budget Tightening

Apple is projected to achieve its first-ever $140 billion quarter this holiday season, driven by strong sales growth of 10-12%, primarily from wealthy consumers in the US, despite broader economic challenges and tightening budgets among the general population. Retail stores are preparing for the holiday rush with store rearrangements, but no new product launches are expected.

Memorial Day 2025: Store and Market Hours You Need to Know
news10 months ago

Memorial Day 2025: Store and Market Hours You Need to Know

Many stores and restaurants are open on Memorial Day, with hours varying by location, while banks, stock markets, and the postal service are closed. Major grocery chains and most national retail stores remain open, and numerous fast food and restaurant chains are operating on holiday hours, making it convenient for consumers to shop and dine during the holiday weekend.

Lululemon Stock Soars on Strong Holiday Demand and Global Growth
business1 year ago

Lululemon Stock Soars on Strong Holiday Demand and Global Growth

Lululemon Athletica's shares surged by about 17% following an optimistic annual forecast and strong quarterly results, driven by refreshed clothing lines and targeted marketing in China. The company's performance has led to increased price targets from at least 17 brokerages, with Stifel setting the highest target at $438. Lululemon's positive outlook for the holiday season aligns with other retailers like Victoria's Secret and Ulta Beauty, which also reported strong results. Despite a challenging year, Lululemon's loyal customer base and strategic initiatives have bolstered investor confidence.

Holiday Shopping Surge: Online Sales and Mobile Spending Hit New Highs
business1 year ago

Holiday Shopping Surge: Online Sales and Mobile Spending Hit New Highs

Thanksgiving online sales have increased by 7% globally and 4% in the U.S., reaching $15.6 billion and $3.1 billion, respectively, according to Salesforce. This growth aligns with pre-pandemic trends, contrasting with last year's sluggish performance. Discounts are averaging 24% globally and 27% in the U.S., with mobile devices accounting for 73% of sales. Salesforce also notes a 32% rise in the use of generative AI by retailers, although its impact on sales conversions remains unclear.

Target Faces Holiday Challenges Amid Diverging Retail Fortunes
business1 year ago

Target Faces Holiday Challenges Amid Diverging Retail Fortunes

Target is experiencing a challenging retail environment as cautious consumer spending and a previous boycott impact its sales. Despite a slight increase in store traffic, the average spending per customer has decreased, leading to a 12% drop in net earnings for the third quarter of 2024. CEO Brian Cornell attributes this to consumers' stretched budgets and resourceful shopping habits amid ongoing price inflation. Target has lowered prices on thousands of items but anticipates flat sales for the holiday season due to fewer shopping days and economic volatility.