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  2. Feb 4, 2025Google's digital ad sales continued to grow at a healthy clip during the holiday season, but that wasn't enough to offset investors' worries about whether its big bet on artificial intelligence will be as lucrative as once envisioned. ... revenue growth in the Google Cloud division tethered to the AI craze wasn't as robust as had been ...
  3. Jan 16, 2025For the holiday period in 2023, sales increased 3.9% compared with the previous two-month period. The holiday sales growth was above the group's expectations for a 2.5% to 3.5% increase for the period. The figure was also higher than the average annual holiday increase of 3.6% from 2010 to 2019 before the pandemic supercharged consumer spending.
  4. Jan 16, 2025Separately, the National Retail Federation, the nation's largest retail trade group, said that holiday sales in November and December rose a better-than-expected 4% compared with the previous year as lower inflation on holiday goods enticed shoppers to buy.. After dropping precipitously in 2023, inflation has been stuck at about 2.7% in recent months, and prices are still much higher than ...
  5. Jan 21, 2025The figure is derived from point-of-sale transaction data, including card, cash, and check transactions in-store and online across about 2 million U.S. small businesses. "Small business sales continued their growth in December despite consumer spending patterns beginning to shift," said Prasanna Dhore, Chief Data Officer at Fiserv.
  6. 5 days agoSales plummeted 2.8% last month at auto dealers and slumped at furniture stores, home and garden centers. Even in the usually strong online retail sector saw a 1.9% decline. Sales rose at general merchandise stores, a category that includes big retailers like Walmart and Target, and at restaurants and bars.
  7. Dec 26, 2024Sales growth was higher than the 3.2% increase Mastercard SpendingPulse had projected this fall. The data released Thursday excludes the automotive industry and is not adjusted for inflation. Clothing sales rose 3.6%, with most of the growth being fueled by online shopping. Spending on restaurants, and sales of electronics and jewelry also grew.
  8. Dec 22, 2023That'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 pandemic skewered numbers. Adobe Analytics expects U.S. online holiday sales to rise 4.8% from last year between November and the end of the year. Through Dec. 17, sales up 4.7%, Adobe said.
  9. Dec 26, 2023Mastercard SpendingPulse said Tuesday that holiday sales rose this year. The indicator, which tracks all kinds of payments including cash and debit cards, found sales from the beginning of November through Christmas Eve climbed 3.1%, a slower pace than the 7.6% increase from a year earlier.
  10. Oct 24, 2023Those gains were the main reason Alphabet's total revenue rose 11% from a year ago to $76.69 billion. The upturn was even better than the 7% year-over-year increase in revenue that Alphabet produced in the April-June period when it reversed an unprecedented drop in Google's ad revenue after nearly 20 years of growth.
  11. Oct 15, 2024NEW YORK (AP) — The largest retail trade group in the United States said Tuesday that it expects consumers to spend more during the upcoming holiday shopping season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices.. The National Retail Federation said its 2024 forecast indicates that shoppers will make $979.5 billion to $989 billion ...
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