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Online shoppers spend record amounts on Thanksgiving

d3sign | moment | Getty ImagesAfter eating turkey and pie, many Americans also go on a shopping spree.Thanksgiving Day online spending hit a record $5.29 billion, an increase of 2.9% year over year, according to Adobe, which tracks sales on retailers' websites....

Big discounts equal high pressure for retailers

Shoppers walk past sale marks as the Black Friday sale begins at The Outlet Shoppes of the Bluegrass on November 26, 2021 in Simpsonville, Kentucky.John Cherry | reutersMajor retailers are under immense pressure to deliver on Black Friday, as many of them have...

These discounted e-commerce stocks could be winners this holiday season. why here

It hasn't been easy being an online retailer this year. E-commerce stocks sold off in 2022 as investors dumped tech and growth names as the economic outlook became more uncertain amid rising interest rates and high inflation. Investors were already spinning out...