Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.

This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.

This week, everyone will be talking about Black Friday and Cyber Monday, PVH Corp.'s financial results and hunt for another brand to buy, and a new exhibition of vintage fashion at The Metropolitan Museum of Art. Get your BoF Professional Cheat Sheet here.

Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.

Online retailers including Asos are banking on a surge in Black Friday sales, as 87 percent of consumers plan to spend more than they did last year.

Revenue of $7.9 billion made it the largest online shopping day of all time in the US.

Revenue of $7.9 billion made it the largest online shopping day of all time in the US.

Despite record spending on Cyber Monday, rising interest rates and an escalating trade war mean US retailers are still facing squeezed profit margins.

Despite record spending on Cyber Monday, rising interest rates and an escalating trade war mean US retailers are still facing squeezed profit margins.
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Holiday sales this year are set to reach a record $701 billion, led by e-commerce and consumer electronics.

Holiday sales this year are set to reach a record $701 billion, led by e-commerce and consumer electronics.

End-of-season sales offer an opportunity for retailers to offload inventory and drive traffic. But there’s a fine line between discounting and desperation.

End-of-season sales offer an opportunity for retailers to offload inventory and drive traffic. But there’s a fine line between discounting and desperation.

Cyber Monday is expected to drive $6.6 billion in internet sales this year as the biggest US online shopping day on record.

Cyber Monday is expected to drive $6.6 billion in internet sales this year as the biggest US online shopping day on record.

E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.

E-commerce sales were up by 6 percent, while the number of shoppers in stores was down by 3.6 percent.
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Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and Black Friday.

Surging online sales and a shift away from store shopping have thinned the crowds typically seen at stores on Thanksgiving evening and Black Friday.

Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.

Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.

"Retailers should know that there are alternatives to engaging in price-to-price combat."

"Retailers should know that there are alternatives to engaging in price-to-price combat."

The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that strong web sales during the Thanksgiving weekend would hurt sales on Cyber Monday.

The data compiled by Adobe Digital Insights, easily surpassed prior estimates, and dismissed fears that strong web sales during the Thanksgiving weekend would hurt sales on Cyber Monday.
The brands Gap and Banana Republic beat comparable sales estimates.
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Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.