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November 24, 2017 16 minutes

Weinswig’s Weekly November 24, 2017

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Analyst Corner

Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig” discusses the imminent start of the official holiday shopping season this weekend.
  • Turkey is just one tradition for the Thanksgiving holiday; many US stores planned to open on Thursday night for shoppers looking to get a jump on Black Friday sales.
  • UK retail sales grew by 2.6% year over year in October. Total growth softened from 4.7% in September, largely due to unusually warm weather in October.
  • Chinese e-commerce giant Alibaba is continuing its expansion into offline retail, spending $2.88 billion to acquire a 36.16% stake in one of China’s most prolific operators of hypermarket stores, Sun Art Retail Group.

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This document was generated for

Other research you may be interested in:

Retail 2025: 10 AI Trends—An Inflection Point in the GenAI Revolution

3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the Holidays

Store Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook—Infographic

Department Stores in Focus; Plus, Consumer Sentiment Latest: US Consumer Survey Insights

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