Black Friday

Buy Now, Pay Early: 96% of Klarna Black Friday purchases in US paid off on time or early

Retrieved on: 
Thursday, February 22, 2024
APR, BNPL, Federal Reserve Bank, Black Friday, AI, APRS, CFPB, Consumer, Credit

Notably, nearly a third (30%) of US purchases were paid off early, ahead of their due date, up from the 24% recorded in 2022.

Key Points: 
  • Notably, nearly a third (30%) of US purchases were paid off early, ahead of their due date, up from the 24% recorded in 2022.
  • In 2023, Klarna saw a 30% increase in orders placed by US shoppers on Black Friday compared to the year prior, as consumers shift away from credit cards in favor of healthier, interest-free BNPL options.
  • To encourage on-time payments, Klarna charges a late fee of up to $7 for payments made after a ten-day grace period and multiple friendly reminders.
  • These features have contributed to Klarna's global default rate remaining below 1%, which is 30-40% lower than credit card companies.

Record High $4.3 Billion Returned to U.S. Consumers Through Mobile Trade-In Programs in 2023

Retrieved on: 
Thursday, February 15, 2024
Professional Services, Business, Consumer Electronics, Technology, Mobile, Wireless, Finance, International, IPhone, Black Friday, Samsung Galaxy S21, Original equipment manufacturer, IPhone 12, IPhone 11, Apple, IPhone XR, AIZ, Mobile phone

Assurant (NYSE:AIZ) , a leading global business services company that supports, protects and connects major consumer purchases, today revealed that $4.3 billion was returned to U.S. consumers through mobile device trade-in programs in 2023.

Key Points: 
  • Assurant (NYSE:AIZ) , a leading global business services company that supports, protects and connects major consumer purchases, today revealed that $4.3 billion was returned to U.S. consumers through mobile device trade-in programs in 2023.
  • In Q4 specifically, $1.6 billion was returned to consumers via trade-in programs – the highest on record for this quarter.
  • Highlights from Q4 2023 include:
    Q4 2023 saw a total of $1.6 billion returned to U.S. consumers — a 25% increase from Q4 2022.
  • iPhone trade-in values were the highest on record in Q4 2023, at $218, up from $186 in Q3 2023.

EQS-News: Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Retrieved on: 
Thursday, February 15, 2024
Black Friday, LFL, Growth, CEE, Fruit

Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability

Key Points: 
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    The issuer is solely responsible for the content of this announcement.
  • Strong start into the new financial year: DOUGLAS Group significantly increased sales and profitability
    Group sales (net) increased by 8.0% (reported) to around 1.56 billion euros (like-for-like, “lfl”: +7.5%) with continued omnichannel growth: store sales (net) up 6.7%, E-Com sales (net) up 10.7%
    Profitability significantly increased: Adjusted EBITDA increased by 12.6% to 348.3 million euros with a higher adj.
  • Actual Group sales (net) are slightly below the previous communicated +8.3% due to the discontinuation of the Spain restructuring adjustments and minor consolidation effects.
  • “The months from October to December are the most important sales period of the year for us”, said Sander van der Laan, CEO DOUGLAS Group.

Industry-Leading Energy Customer Engagement Results in Record Year for Uplight

Retrieved on: 
Friday, February 9, 2024
Alternative Energy, Energy, Other Energy, Utilities, Acquisition, Cyber Monday, PG&E, Black Friday, VPP, EV, Virtual power plant, Netflix, Renewable energy

The company’s depth of expertise in engaging and enrolling energy customers into programs also resulted in record-setting device enrollments and significant industry recognition for its achievements.

Key Points: 
  • The company’s depth of expertise in engaging and enrolling energy customers into programs also resulted in record-setting device enrollments and significant industry recognition for its achievements.
  • The AutoGrid acquisition fundamentally expands Uplight’s partners, programs, and ability to create and manage flexible capacity for energy grids around the globe.
  • “From more and deeper customer engagement to landmark event capacity, our record-setting 2023 shows that Uplight’s work alongside our utility clients is critical to driving the energy transition forward,” said Luis D’Acosta, CEO of Uplight.
  • Uplight’s comprehensive digital utility customer engagement suite continues to be highlighted as an effective driver of impact, leading to recognition in key industry assessments:

BCE reports 2023 Q4 and full-year results, announces 2024 financial targets and 3.1% annual dividend increase to $3.99 per share

Retrieved on: 
Thursday, February 8, 2024
Partnership, EPS, Black Friday, TSN, Growth, Bell Canada, Best Buy, Black, Distributel, Rationalization, Internet of things, CRTC, Churn, Postpaid mobile phone, Bell TV, IPTV, SAM, News, Environment, Internet, Digital, Public expenditure, BCE, Investment, RDS, CTS, Crave, Depreciation, Federation, Acquisition, Quaternary, Sale, Public policy, Bell, Virgin Plus, Bell Media, ARPU, Performance, Face, Human, Communication, NAS, Mobile phone

"BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.

Key Points: 
  • "BCE is in a good position, having achieved our financial targets for 2023 while having weathered increasing macroeconomic headwinds and an unsupportive public policy environment this past year.
  • Adjusted net earnings were up 5.7% in Q4 to $691 million, delivering a 7.0% increase in adjusted EPS to $0.76.
  • BCE capital expenditures in Q4 were $1,029 million, down 37.2% from $1,638 million in Q4 last year, corresponding to a capital intensity13 of 15.9%, compared to 25.4% in Q4 2022.
  • For Q4 2023, Bell Media was ranked number one in full-day viewership in the French-language entertainment and pay specialty market.

Get in the Game with E*TRADE from Morgan Stanley

Retrieved on: 
Monday, February 5, 2024
Professional Services, Advertising, Communications, Sports, Football, Finance, Banking, Black Friday, CNN, Cyber Monday, Knowledge, Market, Good Morning America, Macroeconomics, Public sector, Division, Entrepreneur (magazine), Atmosphere of Earth, Research, E*TRADE, CNBC, Private sector, Adviser, Talk, Big Game, Morgan Stanley, Bloomberg, Federal Reserve, Federal, The Wall Street Journal, Assistant, Education, Morgan Stanley Wealth Management, Holiday, Cryptocurrency

E*TRADE from Morgan Stanley announced today it will air a 30-second spot during the second quarter of the game.

Key Points: 
  • E*TRADE from Morgan Stanley announced today it will air a 30-second spot during the second quarter of the game.
  • In a recent Q1 2024 study of investors conducted by Morgan Stanley Wealth Management:
    The top financial resolution for 2024 was to learn more about investing, trading, and the markets.
  • 2 To learn more about E*TRADE from Morgan Stanley’s Money Monday and register for the event, click here .
  • Randy Krallman of SMUGGLER, who also directed E*TRADE's last two Big Game ads, was back at the helm to direct.

EQS-News: tonies preliminary results FY 2023: tonies exceeds revenue guidance for FY 2023 and achieves positive adjusted EBITDA

Retrieved on: 
Monday, February 5, 2024
Partnership, Black Friday, Cyber Monday, Growth, Annual report, CFO, FY, Walmart, World Games, Tony Awards, Christmas, Yoy, EUR

tonies preliminary results FY 2023: tonies exceeds revenue guidance for FY 2023 and achieves positive adjusted EBITDA

Key Points: 
  • tonies preliminary results FY 2023: tonies exceeds revenue guidance for FY 2023 and achieves positive adjusted EBITDA
    The issuer is solely responsible for the content of this announcement.
  • LUXEMBOURG, 02 February 2023 // tonies SE ("tonies"), a leading international digital audio platform for children with the award-winning Toniebox, has released preliminary and unaudited results for the full-year 2023, ended on 31 December 2023. tonies exceeded its revenue guidance for the Group and the US and achieved its guidance for a positive adjusted EBITDA margin on the back of a very strong fourth quarter.
  • tonies achieved a very strong overall business performance in FY 2023 – with revenue growth in all regions.
  • The US continued its rapid growth trajectory and, with expected FY 2023 revenue of around EUR 138 million, even clearly exceeded the revenue guidance of EUR 116 million for FY 2023.

Canada Goose Reports Third Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 1, 2024
Retail, Luxury, Fashion, Black Friday, American Dream, Travel, DTC, OVO, Giant, Tax, Bank statement, Acquisition, Risk, BAPE, Toronto Stock Exchange, Shoe, Security (finance)

Notable business highlights from our third quarter included the following:

Key Points: 
  • Notable business highlights from our third quarter included the following:
    Launched our second collaboration with BAPE, which has been the fastest selling collaboration year-to-date in fiscal 2024.
  • Expanded our travel retail footprint, entering South Korea, following the opening of the travel retail store in Frankfurt in the second quarter of fiscal 2024.
  • Non-Heavyweight Down category grew year-over-year in the third quarter of fiscal 2024, expanding its share of revenue within the overall mix.
  • Based on quarter-to-date trends, Canada Goose expects the following for fourth quarter fiscal 2024:
    Total revenue between $310m and $330m.

Black Friday Cyber Monday (BFCM) 2023 Reveals Shift in Consumer Behavior, Fueling Demand for Adaptive Retail Fulfillment

Retrieved on: 
Tuesday, January 30, 2024
Data Management, Supply Chain Management, Online Retail, Technology, Transport, Retail, Software, Artificial Intelligence, Logistics, Internet, Electronic Design Automation, Inc., Black Friday, FMS, Cyber Monday, Robotics, Consumer, WMS

Logiwa Inc., a leading cloud based Fulfillment Management System (FMS) for high-volume fulfillment businesses, has officially released its annual Peak Season Analysis 2023 Report .

Key Points: 
  • Logiwa Inc., a leading cloud based Fulfillment Management System (FMS) for high-volume fulfillment businesses, has officially released its annual Peak Season Analysis 2023 Report .
  • Conducted during the period of Black Friday and Cyber Monday (November 23 to November 29, 2023), the analysis revealed significant insights.
  • Furthermore, a noticeable shift in consumer behavior, reflects a trend towards diverse and frequent purchases with fewer units per order.
  • Shipping preferences shifted towards multiple platforms and aggregators, while effective inventory preparation prevented overstocking during demand surges.

Mavely, the Everyday Influencer Platform™, Drives Over $300 Million in Sales for Brand Partners by Tapping Creators to Become Performance Marketers

Retrieved on: 
Tuesday, January 30, 2024
Digital Marketing, Technology, Apps, Applications, Other Retail, Content Marketing, Other Communications, Payments, Communications, Retail, Social Media, Search Engine Optimization, Search Engine Marketing, Finance, Fund Raising, Professional Services, Online Retail, Philanthropy, Influencer, Other Technology, Other Philanthropy, Electronic Commerce, Internet, Black Friday, Cyber Monday, Research, STEM, News, Marketing, QVC, Entrepreneurship, Hope, Urban Outfitters, Sale, Electricity, Old Navy, Woman, Internet celebrity, Music

The platform recorded more than $300M in sales—representing Gross Merchandise Value (GMV)—for brand partners last year, with $120M in GMV in Q4 alone.

Key Points: 
  • The platform recorded more than $300M in sales—representing Gross Merchandise Value (GMV)—for brand partners last year, with $120M in GMV in Q4 alone.
  • Mavely is a technology platform that helps enable its more than 70k creators to monetize their social followings.
  • Mavely influencers drive sales for brands and earn commissions by sharing shoppable SmartLinks that track insights including clicks, conversions, sales and more.
  • In 2023, Mavely added 525 new brand partners to its network for influencers to share, such as Little Sleepies, Woot!